Sweep Up The Confetti, Ya'll #2: The Morning After The Morning After The Night Before

OK, first and for the record, and for the convenience of OS's readership overseas:

Ben Bernanke's explanation of QE-Deux, or QE-Redux, if you will.

Betcha some senators would love to have their vote back on reconfirming WeimarBen. I found a standard email response from Senator Bob Corker, who voted to reconfirm last February. Really, the good Senator wrote this:

Because he was the one who increased the size of the Fed balance sheet and has an intimate knowledge of the Federal Reserve's holdings, I believe it is important that he is the person to unwind it. In addition, the concerns about inflation are certainly well merited based on the measures the Fed has taken to address our most recent financial crisis. In my conversations with Chairman Bernanke, he made it very clear that he will use every tool at his disposal to avoid runaway inflation and get our money supply under control. That is why I supported Chairman Bernanke to be the Chairman of the Federal Reserve Board during this uncertain time for the global financial system.

Well, that worked well...Bob, you got-a-lot-of-'splain'-to-do-Lucy. Really, it isn't like you weren't being pounded by your voters to fire this clown.

So, today: Gold soars, silver soars, oil soars, the dollar tanks. OS is making money by betting against the dollar, and hopes that WeimarBen won't totally tank the culture by killing the curreny.

Then, this jolly bit of news. OS has wondered why those clowns in Kuhlifornia act like people on meth, assuming that the rest of us will bail them out, no matter what.

Turns out, that's what's happening already. And we wonder why the HopeyChangies still control TheLandOfFruitsAndNuts. Obama and company have been buying them off, with our money. Or, with money borrowed from the Chinese in our children's names.

The world's biggest meth lab just may be located in Washington, D.C., ya'll. They don't even need to buy up Sudafed for their concoction.



Last night, Mr. and Mrs. OS took a break from it all, and enjoyed two movies over dinner and after: George Roy Hill's A Little Romance, and Billy Crystal's America's Sweethearts. The sweetness and optimism of the story of two children who run away to Venice for a kiss, and the dark cynical humor about narcissism were quite a contrast. It's hard to imagine the former movie ever being filmed these days...

We used to live our lives not wondering on a daily basis how TheClownCircus and DaBankers were next going to screw up our lives and futures, and how to best work around them, or defend ourselves from them. It is now a part of daily life.
OS writes to keep himself sane, and hopes that his scribble might influence a few hearts and minds in a righteous direction. It's what he can do today.

OS's vision of a recovery is when we can return to a life where the political/economic soap opera is on the back burner, and we can concentrate on our families, our homes, our churches and communities. A life that hearkens more toward A Little Romance, and less black comedy--tragically funny because it resembles real life.