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Tag Archives: financial methamphetamine
Yee-Haw! Another methamphetamine jolt for the financial markets.
Following the announcement of the discovery of a giant supply of financial methamphetamine from the European money drug labs, world markets soared as the drug rush hit all the usual junkies. The latest hit was “just-in-time”, since most of the addicts … Continue reading
Oklahoma announces new financial meth high for roads.
Comes now the Oklahoma Department of Transportation, announcing the most giant ever super-stupendous financial methamphetamine high for road construction. Not one word about a penny or two for mass transit or rail. There does seem to be some money for … Continue reading
Best and worst of days.
Today was a great day. It is the Feast of St. Joseph, and we blessed the St. Joseph’s Table at the morning Mass at Epiphany Church. It was decorated with food donated by parishioners for us to give to the poor. … Continue reading
New boss same as the old boss.
Someone or something doesn’t like this post. It has disappeared twice. So I listened to our new Treasury Secretary –”he who can’t figure his own taxes” — unveil the “new” plan to save our financial system. Appropriately, he spoke from … Continue reading
My 5 billion mark German postage stamp.
“Those who do not learn the lessons of history are doomed to repeat them. ” The primary government response on the table thus far to the unfolding financial crisis is to dump money from helicopters all over Wall Street. Supposedly, this is to … Continue reading
A Chill Wind. . .
A chill wind blew into Oklahoma City yesterday, bringing much-needed rain, fog, and a definite turn to the weather. Winter is on its way! My list of pre-winter chores is long and I haven’t been making much progress. There is … Continue reading
The market giveth, the market taketh
The market giveth, and the market taketh away. Yesterday the market zoomed up, after the most major hit of financial methamphetamine in the history of finance. Today, as is always the case with drugs, financial or otherwise, the market is … Continue reading
Toking on a small white pebble, desperate to get high.
On Wall Street today, the market zig-zagged like a drunk on a binge. It reminded me of people I have known who have sadly gone down the tubes with various kinds of drug addiction. I remember showing up at one … Continue reading
Another dose of financial methamphetamine
As I noted in my post of Sept. 26th, Wall Street and the political aristocracy are hooked on financial meth. This morning, another heavy dose of meth was delivered, since they are having problems getting and keeping high these days. … Continue reading
Getting ready for poverty.
It looks like we are approaching “punctuated equilibrium” — a time when events and changes move rapidly – the “old” crumbles and a new way of doing things settles into place. Only one thing seems certain about the present financial mess. … Continue reading
