Friday, May 7, 2010

Accidents Will Happen (It's only 'hit and run')


Under this, what can be termed as the first in a long line of “accidental” U.S. presidents, we are entering into the “Accidental Ages” This is not to say that any of these presidents will be said to have suffered accidents or black swan poop from out of no where in particular. It simply means that everything that happens during their disastrous reign(s) will be reported as ‘accidental’: Barack Hussein Obama’s accidental election; the accidental failure of capitalism; the inadvertent torpedoing of a South Korean war ship; the Deepwater Horizon’s collapse; the explosion and fire at a Texas oil refinery; the ‘accidental’ failure of terror plots; the implosion of the PIIGS; etc. The pattern is clear. Now we can add ‘accidental’ U.S. stock market manipulation to the list.

I don’t buy the CITI ‘fat finger’ excuse. No finger is so fat as to span three letters on a standard size keyboard without missing ‘N’ (for null). Our enemies are testing our vulnerabilities – and profitably so. It should be easy enough to find who profited from yesterday’s stock market debacle. But, have no fear; nobody will bother to check into it. Besides, the desired damage is already done; the weaknesses have been exposed; the markets spooked; the spoils divided as compensation for amputated tongues.

Still, I’d be interested to know by just how much Soros’ portfolio has been boosted by yesterday’s great adventure.

BTW, the ’accidental era’ too will pass as the Dark Ages ended with the Renaissance. This will happen after final victory has been declared after a series of great “Accidental Wars”.

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