The Drunk and the Attorney An attorney went into a bar for a Martini and found himself beside a scruffy-looking drunk who kept mumbling and studying something in his hand. He leaned closer while the drunk held the tiny object up to the light, slurring, “Well, it looks plastic.” Then he rolled it between his fingers, adding, “But it feels like rubber.”
Curious, the attorney asked, “What do you have there?”
The drunk replied, “I don’t know, but it looks like plastic and feels like rubber.”
The attorney responded, “Let me take a look.”
So the drunk handed it over and the lawyer rolled between his thumb and fingers, then examined it closely by sniffing and licking it. “Yeah, it does look like plastic and feel like rubber, has no significant smell or taste, I sure don’t know what it is. Where did you get it?”
The drunk replied, “Out of my nose.”
I know ... I have not been very good about writing in the blog lately. I have been over at pjstar.com in the Opinion section arguing politics with the Republicans. What a waste of time eh? Oh Well. So I’m back to waste some time here again ;-)
I am really getting disgusted ... well I should say “more disgusted” with all this Wall St. nonsense. Wall St. and the banking industries are a couple of failed dinosaurs that should be left to die a natural death. Capitalism, like Communism, has proven to be a failed policy ... why do we think it is necessary to prop it back up again so they can steal us blind again? All these foolish diversions to avoid logic, reason and responsibility. It should all be boiled down to a few very simple rules. You can’t borrow any money without dollar for dollar collateral. Period. No matter who or what you think you are. Collateral is determined by actual cash value ... preferably the amount you are paying taxes on. You won’t find too many people arguing their property is worth too much if they have to pay taxes on it. I don’t get how they can say it is worthless come tax time yet worth 1000 times the actual value on the stock market. Take your average company. Multiply the number of outstanding shares of stock times the current value and you will find there is no way in hell that company is physically worth that amount. It will probably be overvalued by a factor of at least 100 and probably more. So when these outfits go belly up of course somebody is left holding the bag and it is often the little guys. We have allowed these sharks to screw us long enough and there certainly isn’t any reason to continue doing so. In fact I think a few public executions are in order about now.
MjL 24 Sep 2008, 06:25 a.m.
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Border Disorder
