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.

One Bad Apple

Support American ownership.

And if you can not distinguish a winner from a loser; then, America will do the job by replacing you in the wake of your miserable failure.

Yes, failure is more of an option than a faddy fashion accessory …pejoratives not withstanding.

Hand outs are no way to craft incentive for ownership …save promote ones own political office …and that is so passe’.

And in this wise; beware …there are bad apples whose design it is to spoil the entire lot by making those who are to come …losers ,,,one and all by reason of an unbridled …unchecked debt.

So, the next time you hear someone speak for all by saying; “…We do not believe that the government should be in the business of picking winners and losers …” better take a closer look under the hood.

Kick the tires while you are at it too.

Your kids and their loser kids may thank you for taking a closer look.

Own your destiny; manage your character.

Craft your fate …and offer your children the opportunity to do the same as well as you now have a day with which to do something constructive about private ownership.

I like my apple pie served up warm and fresh.

How about you?

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?”

Either Trough and The Political Boffins Therein

Any Trough and The Political Boffins Therein

I was listening to a discussion on a financial news network the other day which focused on S&P’s downgrade. As it was, the topic turned to a consideration of how a country should use its debt.

And invariably, the discussion’s topic landed on the issue’s which centered around about what could and should be done to bolster both growth and ensuring that public policy establish a solid foundation which could rebuild confidence to translate hope into a lasting, widespread organic economic recovery.

Without such there will likely be no broader manifestation of any growth …let alone an increased sense of prosperity.

As the discussion progressed, it focused upon an issue in which the debate’s concerns arrived at what actually makes for a return on investment …I.E; …the bang for the buck ..which is …of course …in essence …is an issue of the value of the dollar.

As it were, the discussion turned to regard the value of the various uses of public debt as an economic and a political tool.

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.

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.

Never Kick A Dog When He’s Down!

  First Published:   September 4th, 2011  Edited 2nd Revision:   September 10th, 2011 Related News Releases on This Subject: New York Times – Business Day Federal Regulators Sue Big […]

The Rate of the Wait; The Cost of the Lost

The magnitude of the money required to service the interest costs generated by the public debt is stopping for no one.

With respect to its costs; the rate to wait has benefited no one save the administration which has not missed a beat in every opportunity to turn a blind eye on housing …while jabbing the financial sector in the eye with a sharp stick.

Once upon a time, not too long ago …I lived in Hungary at a time in which the rate of inflation was running at 33%. As high as that may have been …it was a promising time. People were full of hope and looking towards a brighter future. And as bleak as 79 % effective tax rates were, optimism was running rampant.

Unlike what we have here in the U.S.A. today, there and then …the velocity in the Hungarian market could only be characterized as torrential. Money was moving at an amazing spead. Opportunity was in the air.

However, here …overall broad spectrum inflation has not raised its ugly head here …now, primarily because velocity is anemically low …and whatever inflation currently exists has been rather limited to commodities in a low demand …low growth environment.