Putin on the Fritz
Gas economies are not real economies in a bear market for oil....ya think?
"You should be more conscious when you are sleeping"
-Isabella Hatkoff (June 2010) on the breaking a pinky promise by her dad who was a sleeping
"You can't solve a problem with the same kind of thinking that created it."
-Albert Einstein (1879 - 1955)
"Give a dog a fish, feed him for a day. Teach a dog to fish, feed him for a lifetime."
- Walter the Farting Dog
"Wouldn't it make more sense to read the legislation before approve you it? It's like asking the architect to design the house after it is already built."
-Paris Hilton
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Gas economies are not real economies in a bear market for oil....ya think?
http://usaponzi.com/cooking-the-books.html
You can only have your cake and eat it too for so long but with Betty Crocker as her role model Janet Yellin has concluded that if you have to cook the books it is better to have them fully baked than half baked. Are we in the midst of the Frankenbubble? Hard to say but with cash vs GAAP the boys and girls at GAO are popping kishkas. They reckon we're basically bankrupt and it's only a matter of time. No biggie. The Mother of All Cramdowns awaits and the pitchforks will be pointing in all directions.
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