Friday, June 27th, 2008
The Fed now has no recourse to stimulate the economy. Just like in the TV drama ‘ER’, the crash cart was charged to 0.25 point cuts and 0.75 emergency cuts. Now, look at what is happening …
Runaway Inflation has seized the consumer economy. Now, the economic meltdown accelerates.
What has happened to my country? 
Posted in crash, credit crisis, economy, federal reserve, runaway inflation, stock market, stock market crash, subprime | No Comments »
Sunday, March 16th, 2008
Three witches enter.
Job Witch: Ahh. My wage is half it used to be.
Money Witch: My paper is worthless.
House Witch: My home is not my home. Tis my burden now.
All Witches: Double Double Toil and Trouble Dollar Burn and Pop the Bubble.
Job Witch: Send my position overseas,
ignore my tireless plees, for prosterity,
and other sundries irrelevant.
All Witches: Double Double Toil and Trouble Dollar Burn and Pop the Bubble.
Money Witch: Make me cheap, pricey to make,
leave shocked consumers, in my wake,
print to death, my soul you take,
as much as you need.
All Witches: Double Double Toil and Trouble Dollar Burn and Pop the Bubble.
House Witch: Bring the crooked to my hearth,
show them riches from the start,
job not needed, tax-free cash,
hide the earnings,
in your stash.
All Witches: Double Double Toil and Trouble Dollar Burn and Pop the Bubble.
Shhhh. Hear the crackle. Hear the burn. Hear Uncle Sam’s stomach turn. Shhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh. POP!
Posted in bear stearns, bolero, crash, credit crisis, depression, dollar, federal reserve, jp morgan, panic, recession, stock market, stocks | No Comments »