Saturday, April 23, 2011

"SOUND AND FURY" by Alan Abelson    April 16th

"The chickens are coming home to roost, and the roosters are strutting their stuff in the coop. We indulge these metaphors with no offense meant to the poultry, but because they so aptly convey all the frantic clucking and insistent cock-a-doodle-do resounding in the White House and the hollow halls of Congress. The proximate cause of the clamor is the remarkable discovery by our civil servants that we face trillion-dollar deficits as far as their blood-shot eyes can see."   Weekend Doug Noland "S&P Commenses The Process"  (downgrade of US debt)


No comments: