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Catching a Falling Financial Knife

Horrible Bosses, Pitchforks & Torches

Politics / Social Issues Nov 23, 2011 - 12:40 AM GMT

By: D_Sherman_Okst

Politics

Best Financial Markets Analysis ArticleIf you haven’t seen the movie “Horrible Bosses” I’d recommend that you do. Please see it. Go enjoy yourself. As bad as things are getting it is incredible to realize that we can still laugh.

And trust me, you’ll laugh hard at this movie.


When I left the theater with my wife, I realized why it was that movie theaters did well in the last Great Depression. For an hour and forty minutes we escaped all the negativity that has crept into this world. It had a long lasting effect. For at least a week I was in a good mood.

The movie “Horrible Bosses” is comprised of a few character types: The ‘Psycho’, the ‘Maneater’ and the ‘Tool.’ Three friends come to the realization that their lives are miserable because of them. They like their jobs, they hate their bosses.

One friend, Dale used a playground, near the bar he frequented, as a late night urinal. He was arrested for indecent exposure. This got him the tile of "registered sex offender"—for what he claims was entrapment, (putting a playground adjacent to a bar). The irony is that his boss, Dr. Julia is a ‘manteater,’ the one the cops should have arrested. Bottom line—he’s not marketable.

Then we have Dave who works for a financial psycho who threatens to expose him to future employers for having a drinking problem—a problem that he really doesn’t have. Another non-marketable, stuck in his job for life worker.

Friend number three is Kurt. The owner of Kurt’s place of employment dies suddenly. This leaves the owners kid, ‘Bobby-the-Tool-Coke-Head’ as Kurt’s new boss. With the economy being what it isn’t, Kurt is also stuck at his job.

So the three come to the realization that their lives can only get better if they each kill their friend's boss. They hire MF Jones as their murder consultant . He got the name MF because when he was a kid he stole from his mother's purse and it really “set her back.”

The Psychopaths Have Crossed the Line
As I knock out my book “Where Psychopaths & Economics Meet,” I’ve resolved myself to not write “too many” articles. But, Gerald Celente is one of us. He’s one of the economic bloggers. One of the good guys. The ones out there reading good and spreading good in a world ruled by evil.

Our world has been taken over by three bad bosses: Political Capture, Economic Capture and Mainstream Media Capture. A sequel to "Horrible Bosses" is about to be written. Sadly I don't think it'll be a comedy.

A depression created by psychopaths.

I was just a college drop-in. My wife just got her degree. Twelve years of slogging through classes. I read most of her books along the way. When I wasn't tutoring her in computer programming she was teaching me. I don’t recall the philosopher, but one said something to the effect: “Names aren’t coincidental.” When the Madoff scandal broke we laughed about his name, “made-off,” as in I made-off with your money. As my favorite author, the late Kurt Vonnegut would say, “someone should look into this.”

Celente got taken by MF Global. When I told my wife the story over coffee this morning she laughingly said, “MF as in Mother-F(again, I’ll let you fill in the blanks here)r Global. Hey, just like the movie “Horrible Bosses” and MotherF(ehem)r Jones.” Even the name Jon is a tipoff. I don’t trust people who spell their names like they are better than the rest of us, and Corzine I first misread as Conman somehow.

Can you spot the two criminals in this lineup?

So here we have 7,000 clients who got MF’d out of some $800,000,000 and Jon is walking around a free man. Let’s not mince words here, Jon is Obama’s top Wall Street Fundraiser.

Pitchforks and Torches
In 2004 we downsized. By 2007 our new house was complete. We literally built it ourselves. I didn’t use the cheapest materials. The house is very sound, 2 x 6 walls, heavier sheathing on the roof, the silent floor system, low-e windows, stone and HardiPlank all on top of a poured concrete foundation.

The circa mid-2000 appliances we got are made like junk—and we didn’t buy the cheapest ones. I’ve decided not to let this “slip.” My Jihad these days has been accountability.

The well guy put a computer in that sounds like one of the turbine engines on the planes I used to fly. He claims he did this to save me $300 dollars in electrical wire. I’m still trying to get his Bernanke math. I paid $2,000 bucks for this computer to save $300 bucks in wire. I must be a moron because losing $1,700 dollars doesn’t sound like a savings to me? Of course this computer turns the 3.5 horsepower, electric power guzzling, well pump on every time we so much as flush a toilet, and pushing age 50 we seem to do that a lot more often. As a result our downsizing to a smaller home hasn’t downsized our electric bill. But I "saved" 300 bucks in wire. I've got that going for me.

The stove has a broken knob. Turning on various burners is like playing musical knobs. Puts my wife in a great mood.

The oven door has to be screwed back together, it only separates when the oven is hot. Using a screwdriver with oven mitts on drives me bat(ehm) crazy.

The dishwasher racks had their track “stoppers” fall out, so now the racks fall out the tracks and we get to pick up glass.

The ice-maker in the fridge has to be manually turned on and off or ice goes all over the packed freezer. When we use the door dispenser we get more ice on the floor than in our glasses.

The gate opener outside has been replaced 12 times, and is ready again for a new computer board. The intercom by the gate stopped working — I’m not replacing it, I’m not social. It’s one reason I have an 8,400 volt electric fence, the other is I like keeping my garbage outside and I don’t like bears messing with it or eating it. Some poor son of a gun out west shot a bear because he was worried about his kids outside and the police charged him.

More governmental insanity that we pay for.

There is something in Celente’s voice. I’m not the only one who hears it. It reminds me of flying in weather, the times we got so close while deviating between cells that I could hear the thunder over the planes engines. Kunstler hears it too. Jim—another good guy—wrote today about Celente’s getting taken by MF Global, “I heard him [Gerald] fulminating over it on a podcast and he is not somebody I’d want to be on the bad side of.” Last week the wood stove manufacturer’s CEO and president heard my thunder. This week they buy their stove back and we put a more expensive one in.

I’m done dealing with morons and through with being robbed blind.

It's bad enough inflation rips us off, but to be forced into buying lifetime warrenties which cost as much as the product that you're buying, or having to replace what you just bought a year ago is criminal.

Things should not come down to pitchforks and torches—but they are quickly coming to that. It isn’t a pleasant fix but when the authorities think that it is permissible for someone to steal $800 million from 7,000 customers and nothing is immediatly done about it then it is proof that they have—once again—failed us. If you can backstop Wall Street you better backstop those ripped off by them—and this time, go liquidate their assets to pay it back. K-Street of course won’t tolerate that, and that’s who really pays our horrible bosses we call politicians. (Ron Paul and a few other good eggs excluded).

What happened to Celente and 7,000 other Celentes is no different from the cops who beat the ex-war vet protester until his spleen ruptured; or pepper sprayed those two little girls; or shot a kid in the head with teargas canisters and then, while lying helplessly on the ground in a puddle of his own blood, proceed to lob a flash grenade at him and those helping him. Sick!

Like I told the stove compnay—Nice job champs!

Americans have been very tolerant. We’ve handed money over for Wall Street bonuses rewarding the psychopaths who blew up our economy and created 23.9% unemployment (the real undistorted employment rate). We’ve watched silently as Bernanke lied to us about the banks being fixed—as if we’re too stupid to know that FASB is now just legalized Enron accounting. We’ve rolled our eyes and bitten our tongues when some of the psychopaths later professed to be, “Doing God’s work." We’ve watched our kids get molested by perverts hired off adds on pizza boxes, had our wives breasts exposed during these idiotic searches and ourselves been exposed to radiation while in naked body scanners that could be used in the oncology departments of hospitals.

I seriously suspect that people have had enough and that it won’t be long before they break out the pitchforks and torches. Throughout history we’ve read about times when citizens were forced to resort to violence in order to restore law and order.

Ironic—if you really think about it.

I seriously suspect we are about to witness this first hand—pitchforks and torches.

Right now I’m just entirely ecstatic that my name isn’t Jon Corzine. Like Kuntsler says, ‘Celente isn’t someone that I’d want to be on the bad side of. If tomorrow I open up my RSS reader and see one of those 7,000 screwed by Mother F#r Global holding a pitchfork with Corzine’s head on it I won’t be surprised.'

By D. Sherman Okst,

http://UnveilingTheEconomy.blogspot.com/

Bernardston MA USA

davossherman @ gmail.com

I'm an ex-airline captain with about 15,000 hours and am amazed at all the BS we are taught. Most of my friends still in the business were also taught the wrong aerodynamic principles with respect to what makes planes fly. Aviation or economics, Keynes to Austrian - Bernulli to Newton we've been sold bad goods. It's amazing anything works as backwards as we do things.

© 2011 Copyright  D. Sherman Okst - Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


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Catching a Falling Financial Knife