Are you kidding? I just watched about 5 minutes of CNBC before I had to go puke. I've never seen such a bunch of cheerleaders in my life. I think if Congress was in full session and the building vaporized, the headlines on television would be:
"Allah be praised. The economic recovery was hurried along today with the elimination of red tape. Law #666, TSMIG, or "The Stock Market is God" bill, will likely be passed immediately. This will further stimulate the economic nirvana with the government matching dollar for dollar all monies that Americans put to work in the stock market. Those placing "borrowed" funds in the market will be specially blessed with a 2-1 government match. The extra dollars used for this purpose will come from current medicare and social security payroll deductions. The new Fed chairman, or "stock god" as the post has been renamed, Larry Kudlow -- now filling the post left vacant by the recently vaporized chairman Greenspan who was visiting on the Hill earlier today to take part in a new shipment of Chinese cigars just delivered to Congress by the group, "Interns and Fortune Cookies Are Us" -- says the use of social security/medicare funds for stock matches is no problem because he has presented the President with a brand new IOU dollar-embossed pen. "Also, I might add", continued Kudlow, "the perceived financial problems our country was facing are now gone since the passing of Law #69 or the 'screwing?' law as we affectionately call it. This, you may remember, was the replacing of the word 'reality' with the much more legitimate word, 'pro-forma' in all dictionaries." Now, back to Mark Haines at YGT, "Your Government Television", formerly known as CNBC.
I remain,
SOROS |
