From a broker friend:
Scene from Airplane II:
Elaine the stewardess tells the passengers: "We're off course by a tad. In space terms a tad is 1mm miles." No reaction by the passengers.
"The bumps you feel are asteroids smashing into the hull of our space ship." No reaction.
A passenger asks: "Are you telling us the whole truth."
Elaine: "Not exactly. We're also out of coffee."
Pandemonium ensues.
Greece next week:
PM says, "My fellow Greeks, we are bankrupt." No reaction.
"We got into the EU by lying and cheating. We should not have been allowed into the EU." No reaction.
"Going forward we are going to have to live a life of hard work, paying taxes, and being upstanding citizens who don't cheat or steal from the government and our lenders."
Pandemonium ensues.
Thursday, June 23, 2011
Tuesday, June 21, 2011
Wha..what??
At least those in the audience at the DNC event know what's up.
Transcript from White House on President remarks at a DNC event:
"THE PRESIDENT: Thank you. Thank you, everybody. Thank you. (Applause.) Thank you, everybody. Please have a seat, have a seat.
It is wonderful to see all of you. I've got a lot of friends in the room here. People who knew me before anybody could pronounce my name. (Laughter.) People who knew me before I had gray hair. (Laughter.) It is wonderful to see those of you who’ve been friends for a long time, and it’s wonderful to see new friends here as well.
What I'd like to do is to make some very brief remarks at the top and then have a chance to take a few questions, because that will give us a chance to http://www.blogger.com/img/blank.gifhave a dialogue, and you might have some suggestion that we haven’t thought of. "
blah, blah, blah... but then this:
"As a consequence of that swift, decisive, and sometimes difficult period, we were able to take an economy that was shrinking by about 6 percent and create an economy that is now growing, and has grown steadily now over many consecutive quarters. Over the last 15 months we’ve created over 2.1 million private sector jobs. (Laughter.) "
My repeat from the OFFICIAL White House transcript: "(Laughter.)"
For real. Click here for the official release.
Transcript from White House on President remarks at a DNC event:
"THE PRESIDENT: Thank you. Thank you, everybody. Thank you. (Applause.) Thank you, everybody. Please have a seat, have a seat.
It is wonderful to see all of you. I've got a lot of friends in the room here. People who knew me before anybody could pronounce my name. (Laughter.) People who knew me before I had gray hair. (Laughter.) It is wonderful to see those of you who’ve been friends for a long time, and it’s wonderful to see new friends here as well.
What I'd like to do is to make some very brief remarks at the top and then have a chance to take a few questions, because that will give us a chance to http://www.blogger.com/img/blank.gifhave a dialogue, and you might have some suggestion that we haven’t thought of. "
blah, blah, blah... but then this:
"As a consequence of that swift, decisive, and sometimes difficult period, we were able to take an economy that was shrinking by about 6 percent and create an economy that is now growing, and has grown steadily now over many consecutive quarters. Over the last 15 months we’ve created over 2.1 million private sector jobs. (Laughter.) "
My repeat from the OFFICIAL White House transcript: "(Laughter.)"
For real. Click here for the official release.
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