Re: What's the point in the bailout?



On Tue, 30 Sep 2008 09:58:05 +0100, "DVH" <dvh@xxxxxxxxxxxx> wrote:


"MM" <kylix_is@xxxxxxxxxxx> wrote in message
news:3kp3e45l0s9qv67ojq4c2gdktamkebuv4e@xxxxxxxxxx
On Tue, 30 Sep 2008 07:38:30 +0100, "DVH" <dvh@xxxxxxxxxxxx> wrote:


"MM" <kylix_is@xxxxxxxxxxx> wrote in message
news:3kp2e4189offff76vadk9kptk98isgk4hu@xxxxxxxxxx
On Mon, 29 Sep 2008 12:16:02 -0700 (PDT), Nigel Worm
<mel.rowing@xxxxxxxxxxxxxx> wrote:

On Sep 29, 8:05 pm, abelard <abela...@xxxxxxxxxxx> wrote:
On Mon, 29 Sep 2008 11:57:04 -0700 (PDT), Nigel Worm

<mel.row...@xxxxxxxxxxxxxx> wrote:
I prepared this before hearing the news of the vote in Washington.

this could still pass with a difficult to word political amendment...

but then there's public popularity and the ever moving index!

One of the pitfalls of democracy.

Clearly the anxieties I expressed some minutes ago no longer apply.

If events continue to move in the direction that they seem to be going
at the moment then there will be no US Treasury bailout. The crisis
will deepen. There will be much more blood letting. Many failures and
consolidations within the US banking industry in particular and the
crisis will deepen.

The good news is that it will be over sooner.

Maybe we're seeing the beginning of the bottom?

I wish someone would spell out what actually will happen! When I look
out of the window tomorrow morning or the next day, will the sky be
red? Will there be plagues of locusts? What, exactly? Today the Dow
fell 800 points, but we're all still here. Nobody jumped. Tomorrow
it'll maybe fall again. Until there is nowhere left for it to fall,
whereupon the fall will cease, like any avalanche eventually runs out
of steam and stops.

Here's some examples: I plan to put a tenner's worth of petrol in my
car on Wednesday.

On Thursday I shall buy some fresh chicken. I expect it'll cost me
about 2 quid for two quarters from the butcher's.

I will visit the library, return some books and borrow new ones.

Today, online, I reserved a DVD.

The TV is still working.

No sign of the triffids yet...

Just how and when should I start to panic?

Song on the End of the World (Czeslaw Milosz)

On the day the world ends
A bee circles a clover,
A Fisherman mends a glimmering net.
Happy porpoises jump in the sea,
By the rainspout young sparrows are playing
And the snake is gold-skinned as it should always be.

On the day the world ends
Women walk through fields under their umbrellas
A drunkard grows sleepy at the edge of a lawn,
Vegetable peddlers shout in the street
And a yellow-sailed boat comes nearer the island,
The voice of a violin lasts in the air
And leads into a starry night.

And those who expected lightning and thunder
Are disappointed.
And those who expected signs and archangels' trumps
Do not believe it is happening now.
As long as the sun and the moon are above,
As long as the bumblebee visits a rose
As long as rosy infants are born
No one believes it is happening now.

Only a white-haired old man, who would be a prophet,
Yet is not a prophet, for he's much too busy,
Repeats while he binds his tomatoes:
No other end of the world there will be,
No other end of the world there will be.

I don't like poems that don't rhyme.

MM

Why not?

'Cos they're not proper poems. They're pretend poems, written by
would-be poets who cannot muster the linguistic wherewithal to express
themselves poetically. So they just write down highfalutin
gobbledegook that sounds great to the untrained ear. Mind you, I don't
like doggerel, either. Maybe it's because I'm musical.

MM
.



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