Are you sharpening your pitchforks?
About The Author

BooMan
Martin Longman a contributing editor at the Washington Monthly. He is also the founder of Booman Tribune and Progress Pond. He has a degree in philosophy from Western Michigan University.
interestingly, i just uploaded my copy of black sabbath’s “the mob rules” (with Ronnie James Dio on vocals) to my i-tunes this morning!
my pitchfork is always sharpened. that’s because i’m a gardener and i need it to turn compost.
Sharpening pitchforks reeks of effort, when fire is so much easier.
In all seriousness, too worried about my own house to go storming others right now.
Is that an organic gardening question?
waiting for the $5 pitchfork sidewalk sellers to spring up in lower manhattan (maybe they already have, haven’t looked recently)
Pitchforks are for primitive peasants. I’ve moved on to advanced technology– catapults and vats of boiling oil.
I’ve always wanted a Trebuchet.
…now I want one. 🙁
Plus, it’s apparently the ultimate Boarder collie entertainment device.
“Here, Lassie! Just step into this basket . . .”
“Arf arf WHEEEEEEE!”
I hadn’t meant it in that sense, besides Lassie was Rough-coated collie – who are much less manic than Border collies.
But, if you were thinking of launching people . . .
l think we could score big with this. incorporate it in delaware, find a few deep pocket
dupesinvestors and go for it:experience the fascinating environs of the stars of wall street. see where all the money went, and have real fun. the height of our double decker buses gives you a great vantage point for taking the best shots [pix] of all the famous traders.
special introductory price of only $69.99usd…advance registration and payment required. pitchforks available for rent, seating is limited…SIGN UP TODAY!
If yours is not sharp already, then you haven’t been paying attention. lol
The Fed is in fact the enemy by it’s very design, and is creating endless debt on our behalf that we’ve no hope of paying back – creating the first corporate indentured Super Power (if we weren’t that already).
Obama seems only to be feeding this beast and no one but Ron Paul talks of reforming it, despite the fact this is likely the one chance we’ll have this century.
The mob seems to have a sense of this naturally and will likely only be quelled when the systemic problems with the Fed system are addressed, something next to no one is talking about.
Or we can throw trillions at the mess and hope what results isn’t merely on life-support or a total corporate ownership, literally, of our economy and related policy.
http://www.nydailynews.com/opinions/2009/03/25/2009-03-25_give_credit_to_timothy_geithners_new_tox.h
tml?print=1&page=all
Oh golly, what will we do? Even Roubini has fallen and now only Krugman and his expected values can defend us from Timmy Geithner, most evil person in the universe.
Heads will be exploding everywhere…
If only we’d listened to Krugman when he opposed NAFTA and the RTC wreaking ball on smaller banks. Oh wait ..
l wouldn’t go that far. there’s a plethora of caveats in that missive. it’s interesting, given his track record…which is very, very good…that he’s expressing any hope at all.
we shall soon see if it’s misplaced.
Caveats are in order. I think Obama and Geithner have been pretty honest that this might not work. But what is significant is that Roubini endorses the plan because on-balance he thinks it is a good bet.
http://www.portfolio.com/views/blogs/market-movers/2009/03/25/is-the-geithner-plan-the-least-worst-o
ption?addComment=true
Agree with N.R.
the plan is quite small and banks will only sell reluctantly from the mtm trading book and nothing from the non-mtm banking book ( except to paul krugman if he wants to overpay)
By jck Posted: Mar 25 2009 2:59pm ET
Even Geithner does not endorse this plan without caveats.
l don’t disagree that caveats are in order. we’re in uncharted waters here.
my point, which seems to have been lost on everyone but boo, is that this is the first time in 3 years or so he’s expressed any optimism.
l’ve come to put a great deal of faith in dr. doom’s prognostications, ergo, l’m going to look at this as a positive omen until it’s proven otherwise.
it ain’t over till it’s over
ymmv
http://www.cnbc.com/id/15840232?video=1070916192&play=1
Dang, I just can’t deal with the code to make a pretty link, but the above leads to a video from CNBC about mob rule.