Volatility on the Big Board and in other financial markets has caused a major international crisis! While merely a symptom of the problems themselves the effects of The Big Board upon people are profound. 
Some observers are clearly worried...about the causes....the effects....and both the lack of policy response and the policies themselves. Efforts are made to comfort them, and to alllay their fears and worries to no avail.
An very secret and very important meeting of the monetary chiefs is convened.
Passionate arguments are made for swift and decisive action!
A few lone voices plead for sanity and level-headed reason (See Brad Setser again in moustache)
Despite pleadings, the Charismatic Chairman sways everyone to his action plan
The Decision is made and solemnly delivered.
The die are cast, with some remaining enthusiastic about the course of action until the very.....
Great pix!! Haven't thought about that movie in years, or Gen. Curtis Lemay of SAC in Omaha. Mort Sahl used to refer to him in his act during the early 60's. Thanks
ReplyDeleteThought I'd stop by for a heaping plate of financial turkey entrails and all I got was slim pickens.
ReplyDeleteYeeeee hahhhhhh!!!!!!!
ReplyDeleteApropos of life imitating art, I believe that Mssrs. Bush and Bernanke need the advice of Chauncey Gardner. Eg.,
ReplyDeletePresident "Bobby": Mr. Gardner, do you agree with Ben, or do you think that we can stimulate growth through temporary incentives?
[Long pause]
Chance the Gardener: As long as the roots are not severed, all is well. And all will be well in the garden.
President "Bobby": In the garden.
Chance the Gardener: Yes. In the garden, growth has it seasons. First comes spring and summer, but then we have fall and winter. And then we get spring and summer again.
President "Bobby": Spring and summer.
Chance the Gardener: Yes.
President "Bobby": Then fall and winter.
Chance the Gardener: Yes.
Benjamin Rand: I think what our insightful young friend is saying is that we welcome the inevitable seasons of nature, but we're upset by the seasons of our economy.
Chance the Gardener: Yes! There will be growth in the spring!
Benjamin Rand: Hmm!
Chance the Gardener: Hmm!
President "Bobby": Hm. Well, Mr. Gardner, I must admit that is one of the most refreshing and optimistic statements I've heard in a very, very long time.
[Benjamin Rand applauds]
President "Bobby": I admire your good, solid sense. That's precisely what we lack on Capitol Hill.
(from- Being There)
I should surf around more often to find more good blogs like this one.
ReplyDeleteI've been hoping that you would do something with pics on Sen to Chihiro no Kamikakushi and the markets today.
ReplyDeleteIt seems that US banks like Citigroup are looking more and more like Kaonashi (No-Face)--gobbling up unsuspecting victims who are enticed by fake gold--while US mortgage payers resemble all the susuwatari after Chihiro decides to help one...
well done.
ReplyDelete