I have been thinking a lot about bailouts, money losses, theft, and all the other unpleasant thoughts that occur when one reads the headlines or listens to the yammering on the television or radio.
But just now, an unpleasant thought has just went through my head. The whole thing is a shell game. Fast hands moving the shells around so quickly that we lose track of what we are trying to follow.
Folks, we are broke. Period. The “assets” that we are buying are worthless. We are buying them with money of no value.
All that is happening here is some folks think that what they are getting will be worth something. It won’t…what’s the problem.
We are at the endgame. It is that really crappy point where you are too stinking proud to push your king over and concede, so you let the rook and the bishop push you inexorably back to checkmate.
So, my feeling is to suck it up. The money is gone. The system is broke. Time to get on with thinking about the way up while the idiots figure out that they are beat.
Might as well crack a beer and watch the antics