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Thread: the mighty Mogambo on a record breaking roll ...

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    Banned Melonie's Avatar
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    Default the mighty Mogambo on a record breaking roll ...

    (snip)"A hand goes up in the front row, and I note with delight that it is a cute little cub reporter from the local newspaper! I instinctively straighten my tie, and trying to put a hint of romance back into daily life, I lasciviously point to her with my tongue, hoping to convey much, much more than merely indicating that she could ask me a question. Apparently, I succeeded all too well, as she recoiled in horror and started gagging on something, maybe a fish bone, I dunno.

    But it doesn't matter because I know what she was going to ask. She was going to ask "How can the Dow Jones Industrial Average, as a proxy for the entire stock market, triple and quadruple from here, when all you do is run your fat, stupid Mogambo mouth (FSMM) about inflation, and how it is caused by the Federal Reserve creating excessive amounts of money and credit, and how this will cause inflation in prices, and how this price inflation causes society and the economy to collapse and everything turns into crap?"

    Well, as a guy who has a lot of experience with things turning to crap, like my career, my health, my marriage, my family life, my relationships with my neighbors and my whole freaking life, I understand exactly what she was talking about. So by way of clever explanation, I was going to impress her with a sure-fire Mogambo Senselessly Crude Joke Variant (MSCJV). Portraying a business-news reporter on TV, my powerful and resonant Mogambo voice rings out as I inform her, and the rest of a spellbound audience, "On Wall Street today, all of the stocks in the Dow Jones Industrial Average went up 1.2%, to close at an average of $40,653.45 per share. In other news, the market value of a piece of used toilet paper fished out of an open-ditch sewer reached a new high today, too, also fetching $40,653.45 per sheet."

    It's like I always say: Inflation, experienced as a fall in the purchasing power of the currency, is the killer of economies, retirement accounts and civilizations!"(snip)


    PS a word of warning if you're thinking of reading Daughty's entire weekly column at the link provided. While IMHO his economic conclusions are faultless, his political tact in regard to Boston's Big Dig will probably leave a bit to be desired.


    However, Daughty does make one prognostication which I happen to agree with ... and I have just bought some SDS 2 * inverse S&P ETF shares on speculation that he is (unfortunately) correct ...

    (snip)"Instantaneous Mogambo Assessment (IMA)? The S&P500 is now poised to drop through the freaking floor, signaling the beginning of the long-overdue economic adjustments necessary to purge the system of the stupidity, crushing debts, and suicidal mal-investments that result from allowing the Federal Reserve to create so much, so damned much, so excessively much, so horrifyingly much, so catastrophically much money and credit.

    And in case you were wondering, the term "money and credit" is a euphemistic way of saying "money and debt" which is, in turn, just another way of saying "money and so much debt that dozens of surly collection agencies are taking me to court." (snip)


    and if you're looking for an encouraging 'parting comment', you're looking in the wrong place ...

    (snip)"I would be remiss in my duties as loudmouth alarmist if I did not at least comment on the increase in the national debt, which is up $65 billion in the first 19 days of this month! That's $3.4 billion per day! More than $10 for every man, woman and child in America, per freaking day! So a family of four (Mogambo, wife, and two hateful, juvenile-delinquent children) is going to have to pay off a government debt that is growing by another $40 a day, every day.

    And since only about a quarter of the nation's men, women and children pay taxes, then the additional debt piled onto a tax-paying family of four is $160 per day!"(snip)
    ~
    Last edited by Melonie; 08-24-2006 at 06:04 PM.

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