The bears and dip buyers are still playing a hard game of piing pong. That's good for traders, but investors hate being bounced around. Watching the pros play is better. I am still waiting for better time or price to add to Obama Fund. Perhaps I have some (temporary ?) immunity now for buck fever.
Timmy's bad asset purchase plan is collapsing. What a surprise! It was too complex by far. It they want to buy, just start bidding.
Word of the Day
"Bastinado" - verb and noun [$10]; a Mencken word
Bastinado means (noun) punishment by beating with a stick the soles of the feet; (verb, transitive) punish a person in this way (-oes, -oes). [from Spanish bastonada from bastón - baton].
Sentence: Comrade Obama's method of restructuring a company seems to be to bastinado the bondholders to extract money for his labor union pals. Hmmm ... extracting wealth from the bourgeoisie for the proletariat ? Where and under what system was that a standard operating procedure ? The Soviet Union.
Le Mot Du Jour
"Avoir du mal" - an expression of the common verb, "avoir", which is conjugated in it.
Avoir du mal means to have difficulty with or (+ à faire ) to have trouble doing something.
La Phrase: [from Le Monde] La Chine a du mal à côntroler son allié nord-coréen. Hmmm. Veut-il le côntroler vraiment?
Sentence: China has trouble controlling its ally North Korea. Hmmmm. Does it truly want to control it?