Monday, May 16, 2011
My Foray Into Bad Poetry...
In particular, Geithner's remarks about a double dip recession (we are out of double dip territory, for one thing) struck me as a remarkable piece of CYA. Another contraction will be triggered by rising costs, not by Congress sitting around and debating this through mid-July.
We reached the debt limit today; Treasuries responded by going lower, and the sky is hardly falling. Mortage rates are going to drop a bit because of this, and it will be a welcome relief for the extremely stagnant housing market.
falling sky syndrome
a lurking thanksgiving meal
wolves cry in the fall
servings of despair
turkeys stuffed with borrowed bread
cooked with ethanol
enjoy the colorful yams
Just trying to do my part to make sure earth retains the galazy's worst haiku rating. ;)
Speaking of overachievers...
Snark is imminent!
Ken Fisher is at it again.
I take great comfort in both Ken Fisher and Jeremy Siegel agreeing that higher oil prices pose no threat to the U.S. economy. Great comfort.
There was a wise man named the Bernank
Who was the head of our national bank.
When deflation became a great risk
He used the printing presses quite brisk.
But our economy continued to tank
And many decided his solution stank.
Never fear said he,
We'll go on a spending spree,
And use the instrument of inflation.
All to save this great nation.
So investors and bond vigilantes
They all upped their antes
In commodities and gold
As inflation hedges most bold.
This sad tale is not yet come to an end.
When it does will we have anything spend?
An Automated Forex Trading spammer thinks our poetry is garbage? Woohoo! We've secured our place in galactic history! Hahaha!
As to the poetry, we agree that it is bad. It is, however, not as bad as the musings of the econopundits, and I think we deserve credit for responding with doggerel instead of obscenity.
So far, all that has happened is that IMF officials have stopped chasing maids around hotel rooms. It SEEMS survivable.
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