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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (16298)3/6/2002 3:48:08 PM
From: Raymond Duray  Read Replies (1) | Respond to of 74559
 
Hi Jay,

As always, an enlightening and useful response, issued with panache and charm. Thanks.

Your mention of plastic flowers (I've heard the same), brought to mind this bit of fluff:

dribbleglass.com

[[Note: The rest of this billboard series has given me reason to smile. A worthy divertissement for some of us with a fast Internet connection and a penchant for wit...]]

As to the GSEs, I'm certain it is one of the best telegraphed surprise failures of our era. Sort of like JPM and OTC derivatives, we know the exposures are horrendous, and yet they seem to be able to magically keep the ball up in the air, is it it the pea under the other shell? Metaphorically, a mash rather than a mess.

So, with all good intent, I suspect that Uncle Al and his merry band of FRB pranksters won't let us down. They'll keep finding ways to prop these gimbaled Goliaths up, on the premise that too many little guys stand to be the mashees if the grandees can't avail themselves of all the props and crutches in Uncle's bag of tricks.

Re: Financial Times - On "Friends and Foes".

Now isn't this lovely. Tommy Franks still fighting the Viet Nam War. Interestingly, and quite independently, I was commenting on our purposes in Vietnam just yesterday myself. I believe this is a good summation of why the U.S. foreign policy is shaping up as it seems to be:

Message 17154095

Thinking about how the FT has suggested our military guys may have been duped on occasion in Afghanistan, I'm proposing a two-fer. All this deception, deviousness and double-dealing could easily be spotted and countered by the unemployed traders from EnronOnLine. They seem a complete match for unscrupulous behavior to the most potent warlords in Afghanistan. I'm proposing we draft these traders into the service of the U.S., utilizing their unparalleled skill set. And get 'em off the unemployment roles....
It will be useful to those whose 401(k)s have become 101(k)s.

.......................................................
Finally, regarding Uncle Li, he sure seems like a busy and capable fellow, one stop shopping, so to speak. I'm wondering, does he do offer an escort service?

All the best, Ray