Last night I had the strangest dream. I was on the sunny side of the street of a long and winding road. Abruptly, I looked round and - mercy, mercy me – Chairman Bernanke was next to me. I wanted to touch the hem of his garment but instead I said,
“Chairman, please don’t make me cry. Already the debt situation looks like a supermassive black hole. I know you’re not my slave but, for the love of the common people, now’s the time for some responsibility – do you really want to hurt me?”
He replied,
“Unbelievable - it’s the same old song as ever from you guys. Wasn’t 2006 a good year? Hell, it was a very good year. Sure, you want perfection. But we can't get there from here. We've many rivers to cross as we run through the jungle that is global finance. Look, I’m under pressure, man. There’s so much trouble in the world of economics: banks bawling for rate cuts – pump it, give it to me baby, easy money, it’s urgent yadiyadiyadiya; savers claiming I haven’t been loving them for the longest time, where is the love, call me cause I got the 1040 blues, dadidadidadida. The bottom line is that we are family and must solve things together. One love, okay?"

"Already I’m tired of being alone in this job - think I asked for this? Alan used to say it was nice work if you can get it but I'd rather be going home to Dillon – oh, Carolina. I always had a feeling – OK, it was more than a feeling – that Alan wanted to give it up for me. He said as much by telling everyone he was 'mad about the boy Bernanke'. But, hell, there ain’t no sunshine right now. Do I blame Alan? No, but some guys have all the luck. No scar tissue even when the market cuts like a knife and his every utterance received like it came from a burning bush."

"You say we got a huge asset bubble. I second that emotion – this baby’s got back – and every night I say a little prayer it don’t burst. Yeah, I’m keeping the faith. You don’t like it? Cry me a river.”
Awaking in a sweat I wished on the moon that it was just my imagination. Running away with me.

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5 comments

  1. Macro Man // 9/21/2007 11:02:00 PM

    There's a tear in my beer tonight; tight policy used to hurt so good, but now he's giving it all away.

    Love is all around us, and late-session action is just an afternoon delight.

    Sadly, should prices sustain elevation , perhaps eight miles high, Barney Frank will be telling Ben "please hammer, don't hurt 'em."

    Some might say it's a mistake , but when Ben states, "This is my country, and this is how we do it", there's no reply at all.

    Well done!

  2. RJH Adams // 9/24/2007 03:22:00 PM

    MM,

    "...perhaps eight miles high" - v well worked. You must have an ecletic cd collection!

    R

  3. Macro Man // 9/24/2007 03:44:00 PM

    I believe the correct appelation these days is "eclectic iTunes library." Regardless, surely no more eclectic than your own; I especially enjoyed the Sir Mix-a-Lot reference....

  4. RJH Adams // 9/24/2007 04:03:00 PM

    Wow - a man of culture.

    Obviously it was a toss up between romantic poets Sir Mix-A-Lot and 2 Live Crew. But I was not sure I could put the words "Me so horny" into a Federal Reserve Chariman's mouth with any measure of credibility.

    Cheers,

    R

  5. Macro Man // 9/24/2007 04:14:00 PM

    Perhaps the 2 Live Crew's "Dirty Nursery Rhymes" could have been a source of inspiration. Either way, not sure if Ben saying "me so horny" is any less credible then him saying "I'm worried about inflation"...

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