Happy New Year

The Iowa So Carolina bowl game started @ 8 AM here on DVR. It was a complete skunk for Iowa. Billie and I went to the Iowa- Wash  Rose Bowl, had to sit in the Wash section with scalped tickets. Iowa was a small fav, but when I saw them come on the field I knew we were doomed. Ended 28 zip but could as easily been anything zip. We were redeemed today as Iowa Hawks outplayed the Gamecocks from A to T.

Suppose there was one plough to sell and two interested to buy in 1850 France.

Buyer A had dug dirt with a shovel,saved money, bought a small farm, was thrifty, good balance sheet. He wanted the plough to drain his land and increase  productivity.

Buyer B also wished the machne so that he could avoid much digging and leapfrog to a plough without a plan for its use.

Obviously if  one was a lender one would choose Buyer A. But Buyer B got the plough. 

What happened?

An election had occurred where the people wanted government to intervene. Another agency with their payroll and sloth was created.

Sounds like now?

Written in 1850 in France.