Friday, September 26, 2008

Ben Bernanke, Hank Paulson, Chris Cox: The Brothers Gloom

Well nothing takes your mind off of Sarah Palin and new fall clothes like economic collapse. I am trying really, really hard to understand what's going on. Just when I thought I had the lingo down and could use "asset backed securities" in a sentence Lehman Bros failed and I was confused again. Here one day, and poof(!) gone the next. English majors do not understand this. "Bundled mortgages" was another concept I almost grasped, but then I couldn't fathom exactly how many "bundles" there must be and my head started to spin around. Are executive's desks all over the world piled high with nasty old bundles? The Dow Jones dropped hundreds of points one day and oil prices went up,up, up. I decided to walk to Neimans to save on gas and packed an overnight bag. The next day oil dropped and stocks rose...I took a cab home.

I found myself glued to the Senate Banking Committee hearings on CNN. I put on a black dress for the occasion, so as not to appear optimistic. Those guys are bummers aren't they? But there were some tasty ties on the gloom brothers, Ben Bernake, Hank Paulson, and Christopher Cox. I listened carefully to their doomsday scenario unless the government handed over a check for $700 billion . Wow bummer boys, I'd love to hand over that kind of money because you've done your respective jobs really really well to date. I totally trust each and every one of you. Why would I want any sort of ACCOUNTABILITY as criteria? Btw it was nice to see the Senate Banking committee working; sorry vacay is over.

"To bail or not to bail, that is the question"... isn't it? Oh come on, they're bailing, after they've finished posturing. And when all is said and done, I hope there's a provision in the bailout bill earmarked for Valium in the drinking water. We'll need it.

2 comments:

Anonymous said...

It was great to see someone be able to speak with humor ABOUT politics or its effects on most of us without getting very political.

Unfortunately the words accountability and politicians have no connection, almost. They do love to hold others accountable.

"The world would be a better place if it just listened to me" they would love to say openly. Except they don't say anything - ala last night's debate.....booooring. And, over the weekend we will be treated to more talking heads with more opinions. Thank god for the inventors of radio and television. They put "on" and "OFF" buttons on all of them.

Keep up the good work.

Anonymous said...

AND HERE THEY COME!! THE TALKING HEADS. And their PROFOUND comments

(liked what that other anonymous said.)

Now you have to give these talking heads a little leeway. They have had their opinions of how the debate would go long before it even took place. Soooooooo, they may have to twist things a bit to make everything fit.

You see it takes time for these people to be profound so they begin preparing their observations of how it went in advance so that we will be overwhelmed by their profoundity.

Originality, intellect and clear-mindlesness can be seen by the fact that conservatives see their candidate as brilliant and the liberals see theirs' in the same light.

When their comments are done you can almost hear them saying to themselves "God I was brilliant with my comments about what's his or her name"