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Bloviating Zeppelin: Fiscal Tsunami:

Bloviating Zeppelin

(in-ep-toc'-ra-cy) - a system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves or succeed, are rewarded with goods and services paid for by the confiscated wealth of a diminishing number of producers.

Thursday, April 29, 2010

Fiscal Tsunami:


Whilst Americans fret over the future of American Idol and whether Tattoo'd Asshole stepped out on Sandra Bullock, The Street wrote:

NEW YORK (TheStreet) -- Stocks decayed throughout Tuesday's session and the Dow closed below the 11,000 mark, as investors sold off on fears of a contagion spreading throughout Europe after Standard & Poor's downgraded Greek debt to junk status [my emphasis: BZ] and docked Portugal's rating down by two notches.


Because of this, "Obaka is concerned" about Greece. When Mr Obaka lacks a decision, he is "concerned" and "monitors the situation." He is therefore simultaneously concerned and monitoring. Sleep well, sycophants.

Germany says Greece simply needs more money. More money. So easy: "more money."

Spain is similarly hit.

There is more to come.

It is building, ladies and gentlemen. You'd better believe it is building.

Spending and taxing in severe economic times never works. Never has. Never will.

BZ

9 Comments:

Blogger Mrs. Bunker said...

yes, but you're forgetting that Obama (peace be upon him) is EXTRA smart. Because of that we'll NEVER end up like Greece even if we repeat exactly what led to their current sorry situation. So stop worrying so much, just keep the money comin'!

Wed Apr 28, 08:27:00 PM PDT  
Blogger Bloviating Zeppelin said...

Hmm.

Damnably good point.

Wish I was 'mart as Obaka.

BZ

Wed Apr 28, 08:36:00 PM PDT  
Blogger Old NFO said...

And just wait until the international suits against Wall Street start... Spain was downgraded to AA today, and Greece is now junk status... AND the EU is NOT inclined to bail them out past Dec.

Wed Apr 28, 11:35:00 PM PDT  
Blogger Linnnn said...

She's a smart one, that Edith!

Thu Apr 29, 03:32:00 AM PDT  
Blogger Bloviating Zeppelin said...

NFO: exactly; Greece as junk. Remember the scene from the movie Poltergeist? "They're heeeeere!"

BZ

Thu Apr 29, 06:12:00 AM PDT  
Blogger Tom King said...

Obama be praised.

Soon the Capitalist Pig Economy (I strike at them sharply with my shoe)will collapse and the starving proletariat will cry out for order!

Then, finally, the anal-retentive, obsessive-compulsive, cubicle-dweller, bureaucracy-loving, control-freak, socialist-elites can take over control of the world and insure that everyone is treated the exactly same - except, of course, for themselves and their sycophants who deserve special treatment because they work so hard to squish us all into identical cubes of Silly Putty and stack us in the hall closet where we won't be in the way.

(Do you suppose their mamas had a favorite child and it wasn't them?)

Wouldn't surprise me a bit!

Tom (http://apocalypseobserved.blogspot.com )

Thu Apr 29, 10:06:00 AM PDT  
Blogger Greybeard said...

It cannot be emphasized enough to those we know and LOVE, so I'll say it again here and we need to pound it continuously so it sinks in:
Food, shelter, Water, Gold/Silver, guns and ammunition.
Hope for the best.
Be prepared for the worst.
I REALLY don't like what I'm seein'.

Thu Apr 29, 05:54:00 PM PDT  
Blogger Law and Order Teacher said...

BZ,
Good call. Isn't insanity defined as doing the same thing that doesn't work and expecting a different result?

Thu Apr 29, 07:12:00 PM PDT  
Blogger A Jacksonian said...

We can't be out of money.

We haven't run out of paper, yet.

Yet being the operative word.

Sat May 01, 06:16:00 PM PDT  

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