That is, an Obama flack suddenly finds God to be a handy political tool.
"Presidential adviser David Plouffe told MSNBC on Thursday that the Republican House bill would "have this whole debt ceiling spectacle, three-ring circus ... repeated again a few months from now, over the holidays. You know, the debt ceiling debate would ruin Christmas."
I wonder how Christians are going to react to Obama's application to join their sect of bitter clingers. I don't think any of their churches offer temporary salvation, y'know, like a parallel to those one-night memberships in an old Texas key club offered for the convenience of traveling salesmen looking for a shot of bourbon.
I suspect that is what he's looking for. Once his blank check is renewed he can cuddle back up to the forces which expel third-graders for slipping up -- for letting a "Merry Christmas!" slip out when the official position of the diverse Obama left is that the only legal greeting is "happy holidays."
"Ruin Christmas" my ass, Plouffe.
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Jul 29, 2011
Jul 28, 2011
And you think we're crazy? (You really can't make this stuff up.)
A Spanish bank needed a cash dole from the taxpayers of Europe the ECB, but the ever-prudent gnomes of Berlin said nein, not mitout collateral.
So banker Don Pesos y Muggers y Acquisiones offered up the world's most expensive footballer to back his pipedream du jour.
"The most expensive footballer in history may now be used to guarantee the solvency of a Spanish bank. “Ronaldo in the bailout fund,” headlines Süddeutsche Zeitung. The daily reports that the Bankia group of savings banks, which financed Real Madrid’s acquisition of the Portuguese player, is now seeking to borrow funds from the European Central Bank."
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Far as I know our feds still think they own Roger Clemens. He's getting a little long in the tooth but could still have some box-office entertainment value. Let's have Geithner list him as an asset and see what he'll hock for.
So banker Don Pesos y Muggers y Acquisiones offered up the world's most expensive footballer to back his pipedream du jour.
"The most expensive footballer in history may now be used to guarantee the solvency of a Spanish bank. “Ronaldo in the bailout fund,” headlines Süddeutsche Zeitung. The daily reports that the Bankia group of savings banks, which financed Real Madrid’s acquisition of the Portuguese player, is now seeking to borrow funds from the European Central Bank."
---
Far as I know our feds still think they own Roger Clemens. He's getting a little long in the tooth but could still have some box-office entertainment value. Let's have Geithner list him as an asset and see what he'll hock for.
Skizvesting
Handwringers.org, a leftist unthink tank, is having fun reporting the collapse of the stock markets due to frustration at the Court of His Obamaness. The source of the frustration is, of course, "conservative" refusal to finance yet another mink-lined chamber pot for the Royals.
(1) -- Yes, "The market" is an elephant in the parlor, a schizoid beast for whom dopamine injections do not work. Greenspan had it right, "irrational exuberance," but he neglected to add its frequent counterpart, "idiotic depression." The price of a stock, any stock, is an opinion about what the security will sell for in the future. -- tomorrow or midway through the second Chelsea Clinton Administration. Said opinion is a compound chemical composed primarily of guesswork, greed, and fear with trace elements of actual information and adequate judgment.
(2) -- The national nervous breakdown as we approach our credit limit has dropped the Dow and its companion indices by 2 per cent or so this week. Fooey. I once personally moved the markets more than that by floating a rumor that Yassar Arafat was Dwight Eisenhower's love child. And I didn't even have a sputtering Lawrence O'Donnell to help me along.
(3) -- The pre-opening numbers this morning show the markets heading up a little. This is vastly significant, perhaps as much so as the latest teevee bid for a Casey Alexander interview.
Regulation FD disclosure: My direct personal exposure to the stock markets represents a full 2.7 (two-decimal-seven) per cent of my liquidity. That's an all-time low for my adult life. It may be too little. Then again, it may be too much. It all depends on whether a Siamese kid working for Barclay's in Singapore overexposes the bank to pickle futures.
I would liquidate this tiny remaining holding but for one sticky point. The only convenient alternative is United States dollars. Talk about fear of getting whacked with Jumbo's nose...
(1) -- Yes, "The market" is an elephant in the parlor, a schizoid beast for whom dopamine injections do not work. Greenspan had it right, "irrational exuberance," but he neglected to add its frequent counterpart, "idiotic depression." The price of a stock, any stock, is an opinion about what the security will sell for in the future. -- tomorrow or midway through the second Chelsea Clinton Administration. Said opinion is a compound chemical composed primarily of guesswork, greed, and fear with trace elements of actual information and adequate judgment.
(2) -- The national nervous breakdown as we approach our credit limit has dropped the Dow and its companion indices by 2 per cent or so this week. Fooey. I once personally moved the markets more than that by floating a rumor that Yassar Arafat was Dwight Eisenhower's love child. And I didn't even have a sputtering Lawrence O'Donnell to help me along.
(3) -- The pre-opening numbers this morning show the markets heading up a little. This is vastly significant, perhaps as much so as the latest teevee bid for a Casey Alexander interview.
Regulation FD disclosure: My direct personal exposure to the stock markets represents a full 2.7 (two-decimal-seven) per cent of my liquidity. That's an all-time low for my adult life. It may be too little. Then again, it may be too much. It all depends on whether a Siamese kid working for Barclay's in Singapore overexposes the bank to pickle futures.
I would liquidate this tiny remaining holding but for one sticky point. The only convenient alternative is United States dollars. Talk about fear of getting whacked with Jumbo's nose...
Thought for the day
From Roberta. About upping the DeeCee credit limit. Condensed good sense on the current Washington goat rope:
"Why should I "eat my peas" when Feds have been swimming in ice cream?
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"Why should I "eat my peas" when Feds have been swimming in ice cream?
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