Saturday, April 19, 2008
Gooseing The Economy
As unflattering and tasteless as that title is, I have to thank my Title purveyor for sending it along. It is all I could have dreamed.
I have the presentiment that the action of the Federal Reserve in throwing all its resources into shoring up the financial sector and "gooseing" the economy......
(hopefully not giving it a "wedgie", nor a "swirlie", nor a "wet willy", nor a "twister" in the process.)
......is rather like the situation in the original Star Trek in which Scotty "gooses" the dilithium crystals or what not and all available might and main thrusts the Enterprise forward to some blazing sun, only to suddenly veer off at the last moment, and thereby achieving some sort of critical hoodia or mogambo sufficient to reverse the flow of time and thrust them back into the past......or forward to the future......depending on the needs of the Writers, the only gods of such universes.
When the garage door coil spring of Bernanke's stimulus is compressed to some critical point, what will ensue when it bursts forth unrestrained and the pendulum swings in another direction and with a vengeance...
or, as some Russians would have it, according to fugitive peace, like a certain anatomical area on skis!
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