Category: Currency Issues

Part 1 to The Preface; The Fate of the Wait is in The Rate While The Cost is Lost

The reason why I am prefacing and planning to re-post my September 16th, 2011’s original post is because, I believe today …it has become more pertinent today than ever before.

After the French Presidential Election, I am more convinced than ever Americans are being strung along …day after day …more than merely paying the costs to just tote the note …those service costs associated with America’s Public Debt.

Last year, I attempted to characterize this in other terms by referring to this cost in a way which explains the service costs called the “Debt Load” as …and in terms of “The Fate of the Rate …” as being actually “…the Cost of the Lost.”

The Fate comprises the lost factors of time and money in various unforeseen or unnoticed dimensions with respect to the added dynamics of various depths of rates whose limits are limited by finite time constructs.

Enough said for the time being; the Treasury Department holds a periodic recurring series of Treasury sales whose calendar period repeats over and over nearly every two months …just like clock work …come rain or shine …regardless of supply and whoever shows up to participate in these garage-sale-like auctions.

Aside from organic market dynamics, as deemed necessary, QE1 and QE-2 has filled the vacuum in the event and at the ever increasing times of waning participation …I.E.; a lack of demand …as if to beg the question; what if they gave an auction and no one showed?

Where are Principled Sextant, the Astrolabe, the Compass All?

Sadly, as is, the course in Washington today, the President, Congress and Ben Benanke have all but charted (intentionally …or otherwise) one which has taken America to sail into heretofore, uncharted waters …now sailing away (dead reckoning …as it were) without the guide and principled aids of navigation’s more reliable, well-founded, forms of reliant checks and prudent navigational measures.

Unstable waters? Questionably one trifle which begs for a measure of compare? For without measure, these are likely anything but calm waters.

Geithner, Tripping Out in Disney Land

In my humble opinion, Merkel and Germany should show Timothy Geithner the SOFA and offer him an early flight home.
After all, he has his hands full without needing to escape reality.
Isn’t Disney Land enough of a Fantasy?
Let’s get real …as in agreeing to equally embrace the necessary disciplinary measures of austerity.

After all, on this trip …there are no more short cuts to tune in …drop out …and turn on to any more.

Is Doing Nothing the New Vogue?

What if they gave a garage sale and no one showed?

Recently, one of my friends complained of the lack of progress black plaguing the economy, rocking the equity markets with volatility and shaking consumer confidence going into the holiday seasons.

Lisa Shalett, a member of Merrill Lynch’s Investment Officer Team wrote in the November 29th, 2011 issue of CIO Reports VIEW; ” …Markets are inherently impatient and abhor a lack of clarity and certainty.”

For her report on the recent developments in Europe, see the following full report at:
http://www.wealthmanagement.ml.com/publish/mkt/pdfs/The-Cost-of-Can-Kicking.pdf

My reply to my friend was to ask; “Do you mean all the uncertainty that has come out of Washington since the Tea Party came to town to rescue Free Market Capitalism from the liberal socialist’s agenda which seemingly has been more than bent on tearing apart just about every one of this country’s institutions …one and all?”

Waxing Righteously Upon the Backs of Parables

Waxing Righteously Upon the Backs of Parables

I find it an interesting objective commentary to closely view and scrutinize the observations and comments of third-parties’ consternations….the lowest form of which is otherwise known as gossip.

My case in point today is one which I have deliberately chosen to make, taking it from a lesson which came to mind in a lesser-known and seldom quoted Biblical parable …one which chillingly reminds me of the today’s events and affects of all things European.

The Achilles Heel of Capitalism

The Achilles Heel of Capitalism

What is the Achilles Heel of Capitalism?

a. Too big to fail

b. Too small to succeed

c. No due diligence, oversight and accountability

d. All of the above

Mutually Inclusive or Exclusive?

Is The Failure of Capitalism …Too Big To Fail?

If the failure of Capitalism is deep seated in “…too big to fail …” where is China on a scale of 1 to 10?

The U.S.has long promoted …if not flirted with too big to fail. Yet, in spite of the recent past’s intertwined financial catastrophes …the U.S.A. is still …reluctantly unwilling to demonstrate an ability to adequately exercise the sort of responsible constraints and policies necessary to fully come to grips with the realities and consequences still facing her in the wake of her failures …both in the here and now, as well as with many compounding issues which will extend out like an outstreched long hand …well into the future.

Like road bumps and pot holes; the catalysts of America’s most recent failures are …those which have produced some most revealing wake up calls.

The Trouble with Tribbles

For more posts …please visit:   www.geoblography.com Monday, September 26, 2011 The Trouble with Tribbles The trouble with Tribbles was there just were too many of those little parasitic suckers. […]

I’m Dreaming of A White Christmas

Deck the Halls of Congress with Bells of Folly …

Oh, the joys of Christmas …anxiously awaiting the toys which may be expected …or not. Regardless, the surprise …or the disappointment which lies in store …just might be a function of today’s haste …a spirit’s calls whose preparations just might be the foreshadowing of the past’s waste …that which has opened the door of the present only to beckon back the spirit of the past waste, no?

Go figure. Three years of waste …to move forward to today’s haste …to welcome further …still more waste?

You know they say; “…A stitch in time saves nine …”

Its corollary has been stated such that haste makes waste.

And this corollary can be stated simply, such that; waste makes for haste.

Like truths, when aptly applied …like geometry …these adages beg the following rather serious question.

Have the US fallen under these adage’s spells? Have they has netted the U.S. a return on Her investment which is (nine XXXXXXXX) nine times the haste of the last three years’ waste?

If so, today’s extra large sized (9X) net of haste must not be allowed to morph into the sea of a second merry-go-round of nine-squared worth’s (9X9) waste …the likes of which have come and gone over the last three years’ worth of wasted time, money and blind-sighted effort in neglect and lack of a more sure due-diligent aim and note-worthy purpose. (For whatever is the aim and purpose of socialism …other than to live to serve the fricking government….and that beyond “We the People …? Feed Me Seymour?)

9 X 9 = 81 times the waste …if, you know what I mean, yes?

And that all will most likely face a multiplier affect attributable to inflation …when and if the U.S. further opens the floodgates’ doors further.

Know What I Mean Maynard?

  Know What I Mean Maynard?         Dear Vern, Do you recognize the following quote? “The market can remain irrational longer than you can stay solvent.” It […]

The Fed’s New AAA = BOA’s New Balance Sheet Tool

Here’s a novel organic idea for the Federal Reserve Chairman today …one which dose not rely on printed …or borrowed money to craft ..draft …implement and execute.
Actually, after thinking of this for a while …I think this monumental idea has more to offer the banking industry …Bank of America for one …above all.
I say so, because bank of America is scrambling about …trying to raise capital at a time when cash is king.
And if there ever was a cash generator, this idea has huge potential to rock and roll …recapitalizing an anemic sector like gang busters …like the Dallas Cheerleaders at halftime.
Shoot, I bet Timothy Geithner could figure a way to securitize and market this idea’s exotic specialized product’s potential.

Bring back the exotic specialized products division …in safety …with an eye …whose oversight measures actually support honest home ownership.

Capital!

What is this idea?

Offer increment interest- breaks as incentives to home buyers as a measure and form according to the skin they bring to the table at closing.

In other words “…Skin for A Time Out.”

More skin would translate to a greater “…more time out” period.