9 Responses to “A Little Economic Humor”

• Alberto says:

  December 23, 2008 at 11:26 am

  Seriously? You are posting to a 5+ month old story? Thanks, you have just moved into completely useless territory.
• phil stitzer says:

  December 23, 2008 at 9:18 am

  I thought we already had one ………… called climate change.
• Nathania Johnson says:

  December 22, 2008 at 4:50 pm

  I liked this part of a “quote” from “investment banker Greg Carlisle of the New York firm Carlisle, Shaloe & Graves.”

  The manner of bubble isn’t important—just as long as it creates a hugely overvalued market based on nothing more than whimsical fantasy and saddled with the potential for a long-term accrual of debts that will never be paid back, thereby unleashing a ripple effect that will take nearly a decade to correct.
• Truman says:

  December 22, 2008 at 4:42 pm

  Hey, let’s celebrate that as of today

  there will be more light each day

  until well- we reach this time in summer.

  But until then !

  enjoy all the bonus light people !

  maybe it can remind us that being on a planet in deep black cold space with no known life elsewhere has it’s upsides too !

  I’m 1/2 tempted to call it the season of light.

  One thing for sure, today marks the first longer day setting a trend for brighter days for the next 1/2 year.

  Of all things in the universe to celebrate ? It’s probably a binding celebration to people NEOlithic ! heh

  Heh, 10,000 years ago neolithic, I can see the annual stone throw to the moon contest…

  Winner who gets it to the moon gets to be chief. ? ? ?
• Truman says:

  December 22, 2008 at 4:32 pm

  Now,

  If only I could take advantage of these low low interest rates

  buy a few homes on paper, HELOC them, invest THAT into the stock market - and find a new Madoff ?

  My god, I could borrow at 6% USING the new home as the credit access, find some Madoff turning out 11% and pocket the difference.

  Now, if ONLY it was 2005 ? ugh ! and people DID do this…

  They’d create the ‘as if it’s real’ mortgage debt on paper, THEN HELOC that, so, now we’re talking 450k + a 300k further borrow ON that 450 backed by ? who knows…

  Happy holidays people - celebrating oneness in the species, and all life via diet if you think about it.

  I just wonder, when was mayonaisse birthed ? 3000 years ago ? 4500 ? paleo-lithic ?

  Probably northern peoples I bet… colder temps.

  Iceland should have just put their country on ebay.

  CountryBay ? hmmm…

  NationstateBay.com ?

  I see a speech maybe Q3 2009 - Obama left to nothing to say short of “America is bankrupt folks, and well uh ? For example, we just sold YellowStone to the Chinese for 180 Billion.” ?

  Okay, maybe leave the China and firesale largest super volcano in the world sale part out… BUT

  The bankrupt speech is coming no matter who was elected.

  Happy season celebrating oneness through selfless giving symbolized through tokens of interchange…Whatever those may be…
• Andy K says:

  December 22, 2008 at 2:03 pm

  response to 6 ft rabbit, Where do I sign up. Looks as lucrative as some other crap out there.
• Andy K says:

  December 22, 2008 at 1:15 pm

  It is kinda funny,but its problably more true than we want to admit. If we would really look at the current situation we did have a lot of false wealth. Except for the billions that was stolen by a select few we are probably back to where the real dollars should be and not just all on paper. Remember we have very short memories and a false bubble would draw us all right back in like before.
• Gary Driscoll says:

  December 22, 2008 at 12:34 pm

  This story might be amusing if the Fed and Treasury were not actively engaged in attempting to revive the credit bubble. Under the circumstances it is news rather than satire.
• 6ftrabbit says:

  December 22, 2008 at 11:57 am

  I have another one. The ubiquitous “Bathtub Bubble”. The technology is simple. Pull a airtight rubber seal over you in the tub and pipe the gas from bursting bubbles into a containment vessel which can be used to fuel your car. Thereby saving energy as well. I do need some capital injection to fully develop this technology however, but I promise great returns.