June 30, 2008

Wait... How many horsemen are there again?

Well, I knew things were bad, but not THIS bad.

All of these articles were published in ONE 24 hr period.

1. The IMF is performing "a general examination of the US financial system. The IMF's board of directors has ruled that a so-called Financial Sector Assessment Program is to be carried out in the US." Bush has approved this. His only requirement? That he be out of office when the report is delivered (or when the chickens come home to roost).

http://business.theage.com.au/imf-finally-knocks-on-uncle-sams-door-20080629-2yui.html?page=1

2. Covert OPs being run in Iran. US Money being directed to groups which have conducted bombing campaigns against CIVILIANS. Does anyone else smell a repeat of German v. Poland?

http://www.newyorker.com/reporting/2008/07/07/080707fa_fact_hersh

3. Iran has positioned its Shahab-3B missiles such that they can strike Israel's nuclear facilities.

http://www.timesonline.co.uk/tol/news/world/middle_east/article4232021.ece

4. For every 10% the US dollar drops, oil prices increase %7.5. That way, oil producers don't loose money due to a declining dollar. Hmmm, I'm thinking Jay Zee may not be the only one thinking wads of Euros look better than dollars...

(Okay, I lost the source on that last one)

As for the collapsing dollar... well at least that solves our whole "US Jobs going overseas" problem. Plus we get to pay back the Chinese in "Uncle Sam Funbucks(tm)"

And I never liked American beer much.

Anyone got any ideas where best to stash our money, though?

7 Comments:

Blogger JAB said...

To answer your last question, artworks of high quality, lasting through the generations.

The maintenance of their value depends only on the existence of somewhat wealthy people with good taste.

Oh, shit.

June 30, 2008 at 11:37 AM  
Blogger The Sum of All Monkeys said...

Jamie.

Are your works edible by any chance?

June 30, 2008 at 8:46 PM  
Blogger JAB said...

Let me answer that with Science!

Oil paintings are often primarily of linen, which is a product of the flax plant, and linseed oil, also known as flax oil, which is not only edible but absolutely packed with Omega-3 fatty acids.

Which you are going to need, because the pigments are contaminated with heavy metals like Cadmium and Cobalt, because they are made of 100% Cadmium and Cobalt. And flax oil.

June 30, 2008 at 9:39 PM  
Blogger The Front said...

Step #1: check your house for lost Fra Angelico masterpieces.

July 1, 2008 at 8:33 AM  
Blogger JAB said...

Nope. Noooo..Not over there either. Nope, No Fra Angelicos. What's next?

July 1, 2008 at 11:15 AM  
Blogger The Front said...

Many investment advisors recommend setting aside a portion of your portfolio in 'hard assets' such as 'gold', 'oil', or 'nine millimeter bullets'. I have a feeling all three will be in short supply for some time to come.

July 1, 2008 at 7:32 PM  
Blogger The Front said...

Step #2: Find a cheap hobby...

July 1, 2008 at 7:34 PM  

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