Wednesday, March 24, 2010

A Monkey's Tale

LIKE A MONKEY WITH A HAMMER - James Quinn -- Seeking Alpha:
"When I saw this Dilbert this morning, the phrase “Like a Monkey with a Hammer” really struck home. Don’t the Congress people we see every day on TV fit this description to a tee? A scene in the movie Generation Zero last night describing how the big banks handled their risk exposure showed a monkey trying to use an adding machine and eventually pushing it off his desk."

I too was struck when I saw the Dilbert strip this morning, but for a different reason than Mr. Quinn.
It reminded me of a crude joke about force feeding a pig, and the punch line went something like this:
"The last thing I saw was the monkey trying to put the cork back in."

With the way Congress has printed money to stimulate the economy, bail out Wall street, nationalize car companies, and fund black hole projects like health care, it's only a matter of time before the whole thing blows up in their faces. Just like the force fed pig in the joke, excrement will be flying everywhere..

So the only question that remains is: Which one of the Gang of 535 will be selected as the monkey whose job will be to "put the cork back in."


Tuesday, March 23, 2010

The Money Hole

Well, The Onion has done it again.

If it wasn't so representative of how the folks in DC think about our tax dollars, it would be a very funny skit. It seems it's not a matter of IF the money should be spent, it's HOW.
Unfortunately I'm seeing more and more articles about the U.S.A. and Sovereign Default (government bankruptcy). So many in fact that I'm getting very, very, nervous.

What About You?






Monday, March 22, 2010

Hyperinflation

This is a very interesting and very scary video created by the National Inflation Association.
It begins with a look at Zimbabwe’s hyperinflation, then goes on to explain that the U.S. is traveling the same road.
If nothing else, Jim Rogers' observation on why the bailouts aren't working is worth your time to view the video.
The way that the fools in DC are spending, it won't be long until a dollar won't be worth the disk space it is stored on.