Friday, November 7, 2008

A Stain On The Trousers Of Their Courage

Would it be too much to ask all of you Wall Street investors who are busily cashing up at a loss to pause for just a moment, loosen your belt, reach deeply into your trousers, fondle the contents of your scrotal sack with however many fingers pleasures you then give said contents a good hard flick with your finger-nail?

Once your eyes have stopped watering sufficiently to permit you to stand again, would you then take a further moment to observe that absolutely nothing has actually occurred yet to justify your latest craven display?

I'm well aware that President-elect Obama has made certain less-than-temperate remarks during the course of the recently ended campaign. I'm even shallowly versed in the possibly unintended consequences some of those inclinations might result in should they be enacted. However, since it appears that it actually does need to be said, Senator Obama isn't in a position to make a credible attempt at anything yet and there's absolutely no assurance as to what he might ultimately propose for some future Congress to consider.

Is there even the slightest possibility that you could be convinced to leave some smidgen of a scintilla of an actual financial asset for the rest of us to squabble over come that over-fraught day? I have it on reasonably good authority that even if then-President Obama enacts a tax change immediately after taking the oath of office there's this quaint notion that prohibits making such a change retroactive. You'll have time to bail when circumstance actually warrants doing so.

On a not-entirely unrelated note, it remains an open question how many stock and commodity traders have chosen to exit their office directly through an upper-story window as a result of a completely unilateral decision-making process. I see no reason to believe this mystery can't be extended to include anyone suitably damp-drawered.

Now ... buy it all back. If you happen to be one of those who does so at a profit, you might even be shown the stairs instead. They leave their own mark, of course, but you'll mostly have time for such to fade.

Your stain is permanent, so stand downwind in future.

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