Sunday, August 26, 2007

The Daily 2 - Pusherman


Silent life of crime
A man of odd circumstance,
A victim of ghetto demands.
Feed me money for style
And I'll let you trip for a while.
Insecure from the past,
How long can a good thing last?

Got to be mellow, y'all
Got to get mellow, now
Pusherman gettin' mellow, y'all

Heavy mind, every sign
Makin' money all the time
My LD and just me
For all junkies to see
Ghetto Prince is my thing
Makin' love's how I swing
I'm your Pusherman Curtis Mayfield

You have to admit, Chairman Bernanke is pretty cool

The commercial paper market stalls aint no thang Heres $30 billion just pay it back when you can

Financial markets continue to stumble as Wall Street junkies, strung out on yield and leverage, writhe desperately for their next hit Bernankes discount window is open for business and he dont mind your crap collateral.

Man Think of the power! Whats next? a good pistol whippin for PIMCOs Bill Gross?... Possibly

Although it does occur to me that there is only so much hustlin one pimp can do before he irreparably damages his street cred.

Like every good dealer, Bernankes clients are becoming more and more dependent and demanding of his services.

In trying to satisfy them all, hes clearly in jeopardy of over promising and overextending.

Plus, its not as if Bernanke doesnt have his own problems Hes dealin for the man!

The first sign of trouble and Senator Dodds got him in the office with Paulson

God only knows what went on in there but when they came out the Senator (and frail presidential candidate) clumsily grabbed some much needed limelight while Bernanke scurried away looking sort of busted.

So much for the independence of the Federal Reserve!

Oh well... I guess thats the price one pays for being SuperFly!

Read More...

[Source: Paper Economy - A US Real Estate Bubble Blog]

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