Sep 18, 2013

Whee, we get to stay on the Tilt-a-Whirl

The Kwee* ride continues and Wall Street orders up another container load of silk skivvies scented with tulip bulbs.

Since the money is  to remain free -- if you already have some in mega-billion quantities -- why not buy a zillion shares of the latest Lehman Bros. iteration and  send the Dow up another 150-plus points? The ball is ever so much fun. Do not worry your pretty little head about the guy in the masque.

While there's not much to grin about on Wiemar Road, at least the CNBC report produces a wry grimace. It says Pope Bernanke will keep floating $85 billion a year of hot checks to buy the bills run up by  President Clinton Bush Obama. For that pittance I'd hardly bother to bitch. It is 85 bill a month, Sidney.


*"Quantitative Easing," -- Fed Geek-Speak for turning pixie dust into money to buy loans which can never be repaid.

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