Archive for March 10th, 2011

Find Me A River, Now The Ocean’s Insane: A Bozo Ottava Rima Song

Thursday, March 10th, 2011

We live in a world that becomes Charlie Sheen
And what doesn’t matter much is where we’ve been
Little boys the successors of Fulton Sheen
And the Bishops these days remain seldom seen
While the politics takes its cues from Al Shean
The why a duck and King Peter of has been
What is not left to chance, a dancing discourse
Of the demagogue’s prance, and failing to source.

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Back Up Again

Thursday, March 10th, 2011

Unemployment claims: after last week’s slightly less than terrible news, they’re back near 400K

Continuing claims: higher

Trade deficit: larger

Washington: still arguing about how many more people to put out of work by cutting spending and/or shutting down the government

Gorilla says: “Woeful is as woeful does, and we’ve got a sack of woe!”

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Of Course He’s A Liar

Thursday, March 10th, 2011

Know Nothing Governors always are!!!

What’s less thrilling is that it takes the press so long to figure it out.

Gorilla says: “When you elect clowns, you get clowns!”

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Extend, Pretend, And Never Decide

Thursday, March 10th, 2011

Another Eurozone summit, another Eurozone crisis!

Sooner or later, preferably sooner, the European peripheral countries will have to decide both whether to default and whether to keep the Euro as their currency. It’s simply not possible for them to grow their way out, particularly when they are slashing public spending and increasing unemployment. For many, the best approach would be to leave the Eurozone and default.

Equally, the Germans have to decide whether they’ll be serious about cleaning up their banking system, which lent much of the money to the peripheral deadbeats. Angela Merkel’s political position at home is very weak, in large part because of her fundamental dishonesty about the sovereign debt issue.

Gorilla says: “It will be fudge all around again, but the markets won’t be patient much longer!”

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