Carey Rowland's blog

Foundation for Debt Ceiling Research

Now is the time for all top dawgs to come to the aid of their country, y'all.

I'm talking about heavy hitters like Warren Buffett and Donald Trump, people whose impact can really make a difference.  If Donald and Warren want to contribute their money-gathering expertise to our national improvement, I propose they should organize three great charitable fundraising events. I'm suggesting that these guys do it because I'm just, like, one little guy with a big idea. But these two have the real wherewithal to get something done in the interests of balanced fiscality. 

So, the first  fundraiser would be a prize-fight in Atlantic City featuring George Soros v. David Koch.

The second would be a fight in Las Vegas between Bill Ayers and Charles Koch.

The third would be a tag-team wrestling match with the four heavyweights in Chicago.

Referees would be Mitch McConnell and Harry Reid.

Rush Limbaugh and Chris Matthews would serve as the official voices of USA Spurts.

All proceeds would go to the brand-new Foundation for Debt Ceiling Research, to be fiduciarially managed  jointly by Goldman Sachs and ACORN.

So Warren and Donald, when you get a minute, give me a call and we'll get going on this thing.

Glass Chimera

 

You gotta know when to hold 'em...

Its quite a thrilling game we've got going out there; the stakes are higher than ever.
Gary Dorsch wrote this on Seeking Alpha, about the ace up Mr. Bernanke's sleeve:

"Bernanke acknowledged that the US-economy faces an 'unusually uncertain time,' but if necessary, he hinted the central bank would resort to 'Quantitative Easing,' (QE), or printing vast quantities of US-dollars, in order to prevent a deflationary spiral."

What the Fed Chairman should have said is:
Since deflation is now a real threat to the US economy, we now have justification for printing more money, which is what we were going to do anyway.

Or, as the cowboys of the Old West used to say: Ride 'em till they drop.
Or, as the ole dairy farmer used to say: Milk her for all she's worth.
Or, as the ole truck farmer used to say: There's only one way to get blood out of a turnip--keep a-squeezin'.

Or, as the young entrepreneur used to say: If life gives you lemons, make lemonaade.
Or, as the Fed now says: If life gives you deflation, make inflation.
Or, as the Chinese bond-buying bureaucrats must surely be a-sayin': Those Americans, Bernanke and Geithner, are the smoothest poker-playing buckeroos that ever caught a QE ride this side of the Potomac trail.
The poker-faced twins from  the Fed-town sure know how to, as Gary says,  keep their "gunpowder dry."
It just may work; its how the West was won, and maybe the East too...

CR: Glass half-Full 

Get your money machine.

Back in schooldays, I remember, we learned about the invention of the perpetual motion machine.
Sir Edison Fignewton invented it in England at the dawn of the industrial age. It was an unprecedented breakthrough in human progress, comparable only to the invention of the wheel.
What's amazing is that today we have, believe it or not, an earthshattering development of similar technology magnitude:
The money machine.
This thing is humankind's next quantum leap in our march to mastery of earth's assets. Have you heard about it?
According to the techies, the device is really nothing more than a trap, like, you know, a better mousetrap. Except that,  instead of snagging worthless mice, this contraption captures money! What a lucrative innovation this is going to be. I've got the inside scoop if you're got some idle cash to wager.

Originally designed as an agricultural implement, this amazing machine has been ingeniously modified for applications in financial ranching. It rustles up stray assets and corrals them into riskfree herds, then secures them in a tumbleweed hedge. Venturesome bull-market-bustin' cowboys can then drive the dogies to market and swap 'em out as the opportune defaults arise.

In the great Wild, Wall West, it's every bull-market-rider's dream contraption.This thing is going to be an instant classic of monetary innovation.
I wish I'd have thought of it.
I mean, the sheer simplicity of it, and yet this incredible instrument is seamlessly crafted with state-of-the-art derivative workmanship. Just thinking about its awesome mortgage-skimming potential gives me goose-that-laid the-golden-egg bumps.
This thing is going to change the world. I mean, it bundles up all those would-be toxic assets, synthesizes 'em into bio-bullshit fuel and  powers up the profits like a well-oiled engine.

And its the epitome of discreet efficiency, just like its predecessor, the perpetual motion machine. To watch the thing in operation--you'd never know anything was happening--almost like it's runnin' on nothin'--on thin air, like the Fed, or on geo-powered pressure, like the BP gusher. Pretty damn slick.
Like I said, I've got the inside on this. Get in on the floor level, because we have met the future, baby, and he is us.