Friday, October 12, 2012

QE baby QE.. baby don't you spare no dimes on me...



Gordon Cooper: Who was the best pilot I ever saw? Well, uh, you're lookin' at 'im.
John Glenn: I'm tired of being forthright, gracious and magnanimous.
Gordon Cooper: Yeah.
John Glenn: I'm tired of these stupid questions from the press.
-The Right Stuff

In preparation for an Irish Wake this evening I  became a bit reminiscent of family and such.

Had the memory of when as a lad lived ‘downstate in the sticks’ for a few years where , foreshadowing my future as a trader, across  the street  from me resided a fella of the name of Cash Dollar. (Honest to goodness!) Oh… he would also wear a big hat and walk around in a stars and stripes get-up from time-to-time.  

Mr. Dollar owned horses and he would corral them with an electric fence.  Not enough to harm the horse,  the fence’s setting was strong enough though, to get their attention.

As a young’un was into a young’un’s ways and sometimes out of love and devotion , of course, was perhaps  just a tad bit mischievous toward some of me dear relatives. My plan, admittedly a bit reckless, was to apply the juice meant to apply said ‘horse sense’ in a less than judicious manner to whoever happened to be visiting at the time.

Would not  usually have difficulty luring the relative, and am ‘membering a specific occurrence with a cousin,  to feed apples to the horses, and invariably this fella  had a pretty big construct, although sometimes it varied, on the setup. ..

With this cousin the sting was the ‘passioned representation that I had in fact procured superhuman powers and that as proof would lay hands upon her where she would both feel my power and might.

Upon my plaintive cry would then  grab the electric fence and reach over to the victim and give them literally a jolt.

Truth being stranger am sure the analogy is not lost on you gentle reader.

If I were the Fed, and my dear cousin Marie were …well… you, my dear fellow surplus eater,  can only assure you that the expression on her face from this betrayal  should clearly imitate that yonder on yours.

Delivering dollar’s juice might be couched with nice apples but betrayal  ain’t going to go down well.  

Our testy solons though are confident that it will be Japan first  (after Europa) or at least for what passes as confidence these days from the fireman that go from room to room putting out the work of their arson.

These troubles always end in currency crises don’tcha  know.

Yeh and they do too.