I used to sing it as the pastor and deacons ascended the podium at church . . . the doxology to the Trinity . . .
Also now perhaps the refrain twisted in honor of the antichrist . . .
My mind trips again on this one too . . .
“Bless be the tie that binds, our hearts in” . . . @#^*!!@#@%*!?#@$#.
The hymn, familiar to Christians and anyone else who has been to more than 3 funerals in their lifetime, may have to do.
I can’t do outrage anymore. I can’t be dumfounded, flummoxed, amazed, amused or entertained either. These abilities have renounced communion with my soul forever and ever.
What does one say to the prospect of 11.6 Trillion Dollars in U.S. debt commitments, care of the American Taxpayer?
We are indeed bound now together.
As of Today, March 19, 2009 the inclusive list from the U.S. Federal Reserves published figures include:
Term Auction “Facility” $2.9 trillion
Economic Stimulus Act $168 billion
Bear Stearns Bail out $ 29 billion
Student Loan Guarantees $130 billion
Fannie Mae and Freddie Mac $ 400 billion
FHA housing rescue $ 320 billion
Auto Industry $ 25 billion
TARP $700 billion
Money Market Guarantees $659 billion
CPF $1.4 trillion
Unemployment extensions $8 billion
Citigroup backstop $245 billion
TAS $1 trillion
GSE backed securities $500 billion
GSE debt purchases $100 billion
FDIC guarantees $1.5 trillion
B of A $97 billion
Credit Union deposit insurance $80 billion
CFCU $1 billion
ARRA (nobody read it) $787.2 billion
AIG (including Obama’s bonus) $182 billion
TOTAL $11.6 Trillion
Or . . .
Nearly $400,000.00 dollars collateralized against every man woman and child now living and probably as many more yet unborn in the United States of America.
I contemplate the width of a galaxy, the lifetime of the Universe . . . I invent silly new numbers like “a million jillion silly gills” . . . and I get no comic relief . . .
And yet, the stock market has rallied strongly for 6 straight days around the banking sector of the economy, which feed eagerly on such things as, news that housing starts were not as terrible as expected for February and a rumor that there might be a “mark to market” rule pending for future stock market transactions.
I know nothing.
I now have attained unto a perfect hum in my head.
It must be the background radiation coming from the cosmic big bang from Washington DC.
Chris Dodd, Barney Frank and Obama are furiously and simultaneously indignant . . . and participants in the AIG bonuses . . .
I see them as three giggling green monkeys lined up on my every windowsill, hands over their eyes, mouth and ears . . .
I might be losing one of my jobs . . . or my mind . . . both?
My six-year-old is racing down the street on his new bike. . .
“Lord save him” . . .
The clock at work seems to have stopped at 3:45 p.m. I’ve done over 8 hours, but I don’t even know what that means any more . . .
I am merely but a scintilla, a serf to more ‘audacity’ than the devil could ever have ‘hoped’ for . . . some catharsis is in order . . .
I’ll write a blog.
Milton
Thursday, March 19, 2009
Friday, March 6, 2009
Getting With The New Religion
So much of our economy is in a state of conflict, even when overall, it may be doing fine. For example: Stock holders in oil do well when the prices are going up, but stock holders in the airlines tend to do poorly when this happens. Stockholders in pharmaceuticals do well when there is a flu epidemic but my grandfather died from complications of the same. Ammunition manufacturers do well during a war but men who could have been teachers, entrepreneurs and fathers will die by the thousands. Carbon cap and trade seems to be an emerging new ‘market’ that will undoubtedly do better as our nations standard of living plummets.
People who are running to treasury bonds and gold as a safe haven in these times, will have to temper those judgments with the reminder that FDR once closed that door by confiscating gold and making it illegal to own. Treasury bond yields likewise, will have to rise to encourage further investors (this while the prime rate drops to zero) but our nations deficit, which is now bigger than all the nations deficits since George Washington took office all added together, may tumble our nation into insolvency this year. The entire nations economy may grind down into a barter system. This is a little bit of good news for farmers and mechanics, who will still be able to feed their families, if only from the back of their tail gate.
Cries for a world wide economic system are scaring the hell out of me too. America is a stand-alone powerhouse in waiting. It could, if the president would allow it to, unleash new technologies of abundant, cheep and clean energy, it still sleeps on vast mineral reserves and untapped scientific talent. It could, if our president would allow it too, outdo the entire world in producing quality products in a new age of untethered prosperity. But, As our new Obama appointed treasury secretary pointed out in a congressional address yesterday, carbon producing energy giants can no longer be afforded leases to produce from new found reserves and they cannot be given tax incentives for looking for new carbon based energy either. Carbon it seems, the essential stuff of life itself . . . is baaad!
Obama too, made it clear to Putin recently, after failing to interest him in a ‘deal’ to drop our missile defense shield if he would only promise to tame Iran’s nuclear ambitions, that we were going to eliminate the shield anyway. In my opinion, Putin won’t have anything to do with Obama because he is demonstrably so idiotic and inept that negotiations would be too boring.
Apparently, now that Democrats are soundly in power if not of mind, Hillary Clinton today admits to the very thing pundits like Rush Limbaugh have been saying for decades, that they should “never waste a good crisis”. Oxymoronic? . . . pathetically transparent? . . . gleefully willing to use human suffering to advance a socialist agenda?
The answer is yes, yes and yes.
But know, once again we are admonished by Obama apologists and his ardent worshipers alike, that we are not to take recent administration actions, claims and accelerated market deterioration into consideration . . . at least not until we have given Obama at least a whole year to prove himself with his ‘new’ policies. After all, everything he is now trying has been tried before in history with disastrous results, but it is unfair to America’s first ‘black’ president to render judgment just yet. I mean, just because ones clothing is on fire is no reason to drop and roll . . . wait a little longer and see if the pain subsides. Pelosi may need to commission a study on your charred third degree burns and get some opinions in a congressional hearing.
“Jesus Lord, save us I pray”.
Here’s the National Geographic version of things for you:
Washington chimps are running amok and eating our faces off, and Jane Goodall is scribbling madly in her note book . . . a new behavior has emerged today, my once placid and endearing little fellows are enjoying a new form of protein. local claims that chimpanzees can become unpredictably violent, may require further study under controlled conditions.
I digress . . . back to the here and now:
Hmmm . . . and health reform . . . reform is a good thing right? In the dictionary, reform means we make something bad get better. . .
Not if you’re a catholic hospital and the government mandates you must perform abortions to stay open and certainly not, if you need immediate bypass surgery for your heart to stay alive. But Obama asserts now, that the need for ‘health reform’ is also a major contributor to this nations deepening financial crisis. I get it now! Lower the salaries of life saving doctors and nurses and everything will get better right? Disease and suffering will be under . . . Obama control!
I can see Obama reciting from his teleprompter now . . . as if in a vision from CNBC . . . he sits in a yoga lotus position with his hands opened upward to heaven, as if doves will soon alight there and his eyes are closed in deep contemplation . . . alas . . . . . he speaks . . . sweet heaven has opened to us . . . hear his voice:
(slight echo on the mixing board please)
Rest my people; for I am here, I am your Obama, your savior and lord. You may worship me whenever you please. Your adoration is appreciated. You do honor me somewhat with your self-flagellation and your blood is very pretty, oh my deserving ones.
I promise . . . as surely as I am black . . . you will someday . . . someday soon, have biodegradable bandaids and a green tent . . . in my newwww Aahmarika. If it were not so, I would have told you . . . but the time is not yet . . . sometime after you re-elect me . . . or after your 4th abortion . . . it will come!
Peace be unto you Aahmarika.
Milton
People who are running to treasury bonds and gold as a safe haven in these times, will have to temper those judgments with the reminder that FDR once closed that door by confiscating gold and making it illegal to own. Treasury bond yields likewise, will have to rise to encourage further investors (this while the prime rate drops to zero) but our nations deficit, which is now bigger than all the nations deficits since George Washington took office all added together, may tumble our nation into insolvency this year. The entire nations economy may grind down into a barter system. This is a little bit of good news for farmers and mechanics, who will still be able to feed their families, if only from the back of their tail gate.
Cries for a world wide economic system are scaring the hell out of me too. America is a stand-alone powerhouse in waiting. It could, if the president would allow it to, unleash new technologies of abundant, cheep and clean energy, it still sleeps on vast mineral reserves and untapped scientific talent. It could, if our president would allow it too, outdo the entire world in producing quality products in a new age of untethered prosperity. But, As our new Obama appointed treasury secretary pointed out in a congressional address yesterday, carbon producing energy giants can no longer be afforded leases to produce from new found reserves and they cannot be given tax incentives for looking for new carbon based energy either. Carbon it seems, the essential stuff of life itself . . . is baaad!
Obama too, made it clear to Putin recently, after failing to interest him in a ‘deal’ to drop our missile defense shield if he would only promise to tame Iran’s nuclear ambitions, that we were going to eliminate the shield anyway. In my opinion, Putin won’t have anything to do with Obama because he is demonstrably so idiotic and inept that negotiations would be too boring.
Apparently, now that Democrats are soundly in power if not of mind, Hillary Clinton today admits to the very thing pundits like Rush Limbaugh have been saying for decades, that they should “never waste a good crisis”. Oxymoronic? . . . pathetically transparent? . . . gleefully willing to use human suffering to advance a socialist agenda?
The answer is yes, yes and yes.
But know, once again we are admonished by Obama apologists and his ardent worshipers alike, that we are not to take recent administration actions, claims and accelerated market deterioration into consideration . . . at least not until we have given Obama at least a whole year to prove himself with his ‘new’ policies. After all, everything he is now trying has been tried before in history with disastrous results, but it is unfair to America’s first ‘black’ president to render judgment just yet. I mean, just because ones clothing is on fire is no reason to drop and roll . . . wait a little longer and see if the pain subsides. Pelosi may need to commission a study on your charred third degree burns and get some opinions in a congressional hearing.
“Jesus Lord, save us I pray”.
Here’s the National Geographic version of things for you:
Washington chimps are running amok and eating our faces off, and Jane Goodall is scribbling madly in her note book . . . a new behavior has emerged today, my once placid and endearing little fellows are enjoying a new form of protein. local claims that chimpanzees can become unpredictably violent, may require further study under controlled conditions.
I digress . . . back to the here and now:
Hmmm . . . and health reform . . . reform is a good thing right? In the dictionary, reform means we make something bad get better. . .
Not if you’re a catholic hospital and the government mandates you must perform abortions to stay open and certainly not, if you need immediate bypass surgery for your heart to stay alive. But Obama asserts now, that the need for ‘health reform’ is also a major contributor to this nations deepening financial crisis. I get it now! Lower the salaries of life saving doctors and nurses and everything will get better right? Disease and suffering will be under . . . Obama control!
I can see Obama reciting from his teleprompter now . . . as if in a vision from CNBC . . . he sits in a yoga lotus position with his hands opened upward to heaven, as if doves will soon alight there and his eyes are closed in deep contemplation . . . alas . . . . . he speaks . . . sweet heaven has opened to us . . . hear his voice:
(slight echo on the mixing board please)
Rest my people; for I am here, I am your Obama, your savior and lord. You may worship me whenever you please. Your adoration is appreciated. You do honor me somewhat with your self-flagellation and your blood is very pretty, oh my deserving ones.
I promise . . . as surely as I am black . . . you will someday . . . someday soon, have biodegradable bandaids and a green tent . . . in my newwww Aahmarika. If it were not so, I would have told you . . . but the time is not yet . . . sometime after you re-elect me . . . or after your 4th abortion . . . it will come!
Peace be unto you Aahmarika.
Milton
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