9/16/08

Over the past few days the economy has been in turmoil due to some high profile failures of financial companies.  The government took over Freddie Mac and Fannie Mae and the Federal Reserve has purchased AIG.  Lehman Brothers collapsed, and the stock market has collapsed.  All of this was triggered by the mortgage financing crisis - too many subprime loans have gone bad, causing a chain reaction throughout the economy.

I'm a little worried about my brokerage account at Wells Fargo.  Wells Fargo is supposedly relatively insulated from the mortgage crisis, but the brokerage account is not FDIC insured.  Therefore I'm a bit nervous.  I feel like I should move the money to a safer account, but I also feel that I shouldn't panic.

Logan's imagination is growing quite a bit.  He likes to imagine that the bed is a spaceship, and that the lights in the ceiling are stars.  Alternately, the bed can be a boat, and then he dives into the water on the floor.  The rug in the basement is snow.  A pile of pillows is a house.

Fina and Emma are starting to interact with objects.  They are grabbing shirts and batting at hanging objects.  They are using the "baby gym" - a blanket with two fabric covered arches over it from which you can hang toys - more often.