That’s right – yoos guys didn’t see nothing this week.
If anyone asks you, nothin’ happened this week and you don’t know nothin’ about no crash. I mean, what crash, right? We got those markets higher than where they were last Friday (don’t ask how) and if anyone tells you anything different just tell ‘em to come see me and Lloyd and we’ll tell ‘em the way it’s gonna be. Goldman who? Euro what? Financial regulation where? You know what your problem is? You worry too much! It’s not like the World is gonna end until 2012 so why not live a little?
Sure the Banksters are using accounting tricks, including (according to the WSJ): Goldman Sachs Group Inc., Morgan Stanley, J.P. Morgan Chase & Co., Bank of America Corp. and Citigroup that “have masked their risk levels in the past five quarters by temporarily lowering their debt just before reporting it to the public, understating the debt levels used to fund securities trades by lowering them an average of 42% at the end of each of the past five quarterly periods. “
Well who cares as long as it makes things look good, right? That’s the lesson we are all meant to take out of the already forgotten about financial crisis of 2008 – it’s only a crime if you get caught AND you are found guilty AND there is a penalty that exceeds a day’s worth of earnings. Other than that – Fuhgeddaboudit!
The Chinese are bailing out the Americans (who are bailing out their banks and the IMF) and the Germans (who are bailing out their banks and the IMF and the EU) and the Saudis (who are bailing out their banks and the IMF and Dubai) and the EU is bailing out Iceland and Ireland and the IMF is kicking in a little something to grease Greece along with Spain, Italy and Portugal and, once they are on their feet, I’m sure they will bail out the Baltic States and Eastern Europe before it’s time to bail out France and the UK and once those guys are all bailed out, bailing out California, Michigan, Illinois and our beloved New Jersey will be a snap and then we can all toss Japan a few dollars too – Fuhgeddaboudit!
Don’t you worry your head over this chart here. We made all that other stuff go away and we’ll make the chart go away too. The fix is in, I tell ya. What…
