Poem: On The Aging Effects Of The Financial Crisis
By Macro Man on August 31, 2009 | More Posts By Macro Man | Author's Website
When you were named Chair of the Fed,
Black hair adorned your beard and head.
With youthful vigour you raised rates,
So to avoid Greenspan’s mistakes.
But crisis came, and rates were slashed
As banks all hoarded excess cash.
And as your special programs grew,
Just look at what they did to you.
Your programs (what were they all called?)
Turned your beard white and your head bald.
But you’ve no time to look or care:
Your “green shoots plan” is constant prayer!
If you like this article please...
Leave A Comment :
Recent Market Opinions:
Why Pimco’s Fleeing From Mortgage Debt Into Government Debt
US Bonds Are Blasting A Warning
US Housing Has Never Been More Affordable
Federal Reserve Statement: No News Is Good News?
Another Options Strategy For Income Investors
Recent News:
Vietnam Hikes Key Interest Rate - 13 mins ago
*Vietnam Central Bank Raises Key Interest Rate To 8% From 7% - 30 mins ago
Indian Market To Open Flat - 1 hr ago
Asian Markets In Cautious Mood - 1 hr ago
SNB Chief Roth Mulling Over Exit From Accommodative Policy - 1 hr ago
Opinions From Our Contributors





