Monday, June 11, 2012

Time for the Spanish inquisition?

For the life of me I do not understand such jubilation over the bailout of Spain. What after all could be more insane than saddling a country that's already swimming in debt with more debt? And yet you'd think the market gurus had just bet on a triple crown winner with the latest news. Have we forgotten Greece already? And Iceland is but a far off memory although to their credit they defaulted on much of their debt and nobody noticed. Sorry folks but you can only borrow from the Master Card to pay off the Visa Card for so long then something's got to give. And if you had a financial advisor like the ones in the recent past (in this case governments) you'd fire the lot of them in a New York second.

So as the markets fall and sea levels rise the west burns and all in congress sit on their thumbs merrily waiting as the train wreck of history rounds the corner, we with all but lost hope twitter the day away wondering when the crunch of metal on metal will commence. Life is what ya do while waiting to die but there's nothing good on and all the good websites have been viewed. An investigation is in order. Must have a blue ribbon sub committee report on desk by noon or heads will roll. But the dog ate the paperwork so a two week stay is in order but then someone forgot about the vacations so we'll all just scamper off to a favorite fishing spot until Sept. or Oct. Wait a minute! That's the start of hunting season so maybe after then. Ah but alas that'll be right at the beginning of Christmas shopping season, can't have that. Would post new year be a more opportune time then? I think not. Recovering from the holiday debauchery is such a lengthy process. February then? Better think again. Tis such a short month and what would sweetie say on that special day. Nothing going in March so March it is. Pencil it in for say mid month and we'll talk about forming an exploratory group to consider setting up a panel to talk about a real sub sub committee that is unless the sub is out on maneuvers or it sank. Well then just have to outsource the task as that's about the time for spring break anyway. The Spaniards! The Spaniards! Call in the Spaniards! They'll still be out of work and could use some coin. The Spaniards it is. Ha ha! Nobody expects the Spanish Inquisition!

May be a second act to follow of this three act farce that is if the creative juices flow in which case get a mop and clean it up.


BBC said...

It's how they control the peons, besides, if they let the peons fail it hurts them also.

S.W. Anderson said...

It's all in the debt restructuring. If you will recall, we helped restructure Europe after World War II.

I'm thinking about how I can get into a situation where I can be restructured. It would beat hell out of trying to make money on savings or investments right about now, and more fun as well. :)

Randal Graves said...

Just import some job creators, problem solved.

BBC said...

Trying to make money on savings and investments is part of the problem, not part of a solution.

People sure are greedy, want to make money for doing nothing by investing their money.

Roger Owen Green said...

Oh, but we've been sinking countries in Africa and elsewhere with more debt for decades; it's just finally made it to Europe. Equal opportunity vampires.