"Captain she's gonna blow." Says Scotty
in his thick brogue. "The anti-mahtter is leakin from the warp core
I canna hold her much longer!" And so goes the story -- when
anti-matter collides with matter you get a hell of a bang -- sort of
like when fantasy meets reality like the proliferation of over-inflated
stocks biting the big one on Wall Street as of late.
The Klingons and the Romulans both attacked
Enterprise with a double whammy Disruptor blast here in the last few
weeks -- all to protect us poor colonists from our own evil greed. The
Klingons in this case are led by their great warrior Greenspan Kahn and
masquerade as an unconstitutional entity called the Federal Reserve.
The Romulans are led by High Commander (his fake
title is US District Judge) Thomas Penfield Jackson who ruled that Darth
Gates was the ruler of an Evil Empire and order him to give up Boardwalk
and Park Place.
And so once again the government sticks its' dirty
little nose in our business and devalues our wealth just like that with
no compensation. Of course there are always a few insiders -- like HRC
-- who can capitalize on little twists and turns of the news like this
before they happen. (Now I'm not suggesting that she did it in this case
but certainly it looks suspicious what she did with the whole health
care scam a few years back.) Now had the government come out to take our
house away from us--to say--build a road--it would have to compensate us
for that. But in these cases it gets to just turn the economy up or down
like a thermostat in your house with no care as to whether or not we get
cold.
This is a lot different though from when my
grandfather went broke back in the big one. This time the market is rife
with "institutional investors". That's the term fancy
financial types like to use for "the little guy". All of us
average Joes out here now have most of our retirement tied up in 401k
type accounts that are invested heavily in the street and managed by a
few big-wig fat cat type gamblers who try to make our funds perform.
Most of the time we're too busy working to really look except when our
quarterly reports come out.
So here is the government (oh I forgot Greenspan
Kahn isn't officially a branch of the government is he??? Just how the
fuck did we get stuck with a powerful asshole like this that we have no
control over yet when he eats his breakfast in the morning and farts the
whole world smells it??) making huge decisions like this (and the great
High Commander is another appointed not elected official) that now
effect us not only through 'trickle down' events but directly in our
pocket books with no real accountability for their actions.
Now, I'm not a real big fan of Darth Gates or his
Empire. Nor do I hold Captain Kirk unaccountable for his part in
steering the Enterprise down this path. I've been part of huge
corporations that pulled some pretty fast ones although I can't mention
the name of them here (Sunbeam, General Motors).
See these major corporations have been taking the
lead from swashbuckling marketing types and CEO's who, sensitive to the
quarterly reports that drive Wall Street, make decisions based on what
will make their P and L statements look good right now instead of what's
best for the shareholders and stakeholders long term. So they divest
themselves of real value like real estate and manufacturing equipment --
not to mention talented/skilled employees and opt to buy shit goods from
China, slap the brand name of choice on it and then peddle the stuff to
us like they made it themselves.
What all this does is make the companies that
actually provide goods worthless excepting for the perceived value that
can be garnered on the street by waving some smoke around in front of a
few mirrors every quarter. This puts the hard companies in about the
same boat as the soft companies -- you know all those hi-techs like
internet service companies who's stocks continue to soar on speculation
that one day they might turn a profit.
So all the fantasy hits reality when the big slot
machine on the street comes up short of quarters even though all three
lemons are lined up in the payoff window.
But don't panic. You see this is the real clicker.
It's not really going to crash. That's because us poor schlobs don't
have anywhere else to put our money besides those rickety little 401ks.
So, ultimately the Street will remain propped up for about another 10 to
15 years until the baby boomers start retiring in droves. So this
dipping as of late is destined to rise again... cause -- you know...
shit floats.