After sticking my head up to check the lay of the land, I recognized that a great deal of energy has been given to debate the necessity of short sellers and the Fed's current intervention. First, let me say that "I know short." To correctly appreciate the challenges facing short sellers, one has to understand how the world looks much different from a vertically-challenged point of view. There never seems to be any concern about tall sellers or even medium sellers. It's always the short sellers that seem to get the Fed's attention. And, while I'm at it, I think some negative vibes need to be directed to the Fed and their leader chairman Bernake. By the way, if you haven't noticed, he has a striking resemblance to our leader, RamboHog. While the fields are burning, it seems the Fed's chairman is plucking his fiddle on the porch of retiremental bliss. (it's somewhat disconcerting that the word construction or "retiremental" seems to combine retire and mental--truly a GHC nuance for sure). Nevertheless, the GHC is committed to a peaceful existence for above and below ground dwellers, given that most above ground dwellers will eventually join those of us below the matted earth. GC
Wednesday, July 16, 2008
Short Sellers and the Fed
After sticking my head up to check the lay of the land, I recognized that a great deal of energy has been given to debate the necessity of short sellers and the Fed's current intervention. First, let me say that "I know short." To correctly appreciate the challenges facing short sellers, one has to understand how the world looks much different from a vertically-challenged point of view. There never seems to be any concern about tall sellers or even medium sellers. It's always the short sellers that seem to get the Fed's attention. And, while I'm at it, I think some negative vibes need to be directed to the Fed and their leader chairman Bernake. By the way, if you haven't noticed, he has a striking resemblance to our leader, RamboHog. While the fields are burning, it seems the Fed's chairman is plucking his fiddle on the porch of retiremental bliss. (it's somewhat disconcerting that the word construction or "retiremental" seems to combine retire and mental--truly a GHC nuance for sure). Nevertheless, the GHC is committed to a peaceful existence for above and below ground dwellers, given that most above ground dwellers will eventually join those of us below the matted earth. GC
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