It's a good thing I'm not a PhD.
I can say this without carrying any intellectual baggage.
Who the fuck thinks the good old USA is a "AAA" credit?
Martin Sullivan? Joe Cassano? Dick Fuld? Christopher Cox?
Cramer? Stan O'Neal? Bob Rubin? Chucky Prince? Screwless Ken Lewis?
Bernie the Ponzi Pope?
Who told them that? Suntangelo Mozillo?
We are the biggest bloated sovereign debt pig ever to legally set foot on planet Ponzi.
We are the quintessential Hyman Minsky case study on ubersteroids.
We have to keep raising the debt ceiling to make good on our obscene interest payments and no one has any clue how we are to pull out of the lasciviously leveraged spiral of STD (stupidly trillionized debt) death.
Remember those condo flippers using credit cards and HELOCs to pay interest on their mortgages? That's us, the United Debts of Amerika.
Our two pronged business model actually consists of three prongs (i) some No Doc pipe dream about how organic growth will magically reoccur in the wonderfully engineered kleptofraudtocracy affectionately referred to by some Neo-Keynesian douche weasels as the domestic economy, (ii) their assets (i.e. not you stupid) will magically appreciate as Bozo sprinkles Keynesian poof dust all over over Diamond Jamie Madoff's Gucci wallet and Fraud Blankslime's buff shined forehead and (iii) your savings will magically denude as the dollar is endlessly groped by theoretically flaccid PhD printophiles with scraggly beards.
Just who is ostensibly in charge here?...There they are...
They're sitting in a sinking lifeboat in an angry sea of Chinese IOUs arguing over who gets to drink the last drop of Bilderberg bilge piss and eat the last soggy debt cracker.
God help us all if this is the best we can come up with.
Tell me friends, relatives, brothers and sisters...do you believe in the "POWER OF O"?
TONTO: Hmm, Kimosabe, me no think this sky talking debt turkey can pay back what he owes...
RON PAUL: No Shit Tonto!
MEANWHILE, LET US NOT FORGET THE ENLIGHTENED GENIUSES IN EUROPE...
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