Thursday, March 26, 2009

Credit Default Swaps vis-a-vis Mourning Dove Kootchie


Letting the days go by/let the water hold me down
Letting the days go by/water flowing underground
Into the blue again/after the moneys gone
Once in a lifetime/water flowing underground
- The Talking Heads

Whoa, Nelly!  I was reading some of my favorite blog spots and was suddenly struck by the fact that I have not been inspired lately.  Calling all muses, calling all muses, there has been a horrible mistake at the corner of Calliope and Thanatos.  Of course, my more adroit friends tell me that you can induce INSPIRATION by sitting and staring at the computer, or simply start writing and the muse will lightly descend and 'plunk your magic twanger, froggy.'  So I thought I would take a break from the Oyster Shooters down at Rogue's Manor (who, I might add, supplied the Half-Fast Marching Klub these same famous Shooters on St. Paddy's Day) and try to induce my muse to inspire using a different method.  My muse was not amused.  Ah, but then today, she visited disguised as a Mourning Dove.  After a luncheon supporting the Carnegie Public Library in Eureka Springs and discussing some of the events planned for 2010, my wife and I adjourned to a friend's house for wine and conversation.  As sometimes happens, the women and men tend to separate.  I don't understand this particular phenomenon and am not totally satisfied that it sometimes occurs but occur it does.  Usually, guy talk degenerates rapidly into talk about flatulence because someone in the group can fart the Star Spangled Banner in technicolor rivaling an Hawaiian Sunset.  Our group wasn't much different.  When the Mourning Dove started coo-WOO-ooing, we couldn't decide if he caught a whiff of our most gaseous member or if he caught a whiff of a female of his species.  For my money, I'm going with the probability that he caught a whiff of a female, because if he had caught a whiff of what was coming from our vicinity Elvis would most definitely have left the building.

You might ask at this point, what does LeRoi King dancing as Barbie have to do with anything, much less this blog?  Well, the conversation slipped seamlessly from the Ch'i that governs Mourning Dove Kootchie odor into bank leveraging and credit default swaps.  Cable fodder for the week.  More theater of the absurd.  Like life.  Like Larry King dancing as Barbie to Good News Week.  I think there was a consensus, in the Porch Cabinet, that the folks that came up with these money generating schemes that eventually collapsed the world economy, would be back with new schemes no matter how much government intervention or regulation was applied to the problem.  After the money's gone....water flowing underground.  Now, does this mean that we think government intervention or regulation is futile?  Not really.  It just means that none us really expect the government to protect us from everything.  You can't ask the government to take care of problems before they become problems, can you?  I mean, that would mean that the government could have prepared for Hurricane Katrina or prepared like they did for the great Red River flood that never came to pass.  Even though we had to hear about it all damn week.  It's Good News Week...   

I watched John Stewart of the Comedy Channel go after Jim Cramer of the NBC Business Channel. They had this running battle about who said what when.  Basically,  I think John Stewart of the Daily Show was right, CNBC had a responsibility to see the collapse of AIG coming, instead of perpetually talking about how great the stock market was doing.  Even though now, the folks at CNBS are talking about how they took all their money out of the market before the great collapse.  Sure.  It would be nice to think that the Fourth Estate was actually doing its job, investigating the powerful and protecting the weak.  But it just ain't so.

Which brings us to another reason I love Eureka Springs.  Everyone in Eureka is marching to the beat of a different drummer.  Hell, you've never heard so many different tunes.  After you've been here awhile it seems normal.  But in the midst of all this independence is a sense of community that binds people together.  Especially during times of crises.  The late winter ice storm exemplified this sense of community.  No one waited for the government to show up with a one-size-fits-all Sugar tit, everyone was out helping their neighbors.  I'm sure there were some who took advantage of the situation, nature makes sure that anomalies will always exist.
Adddendum#1:  Almost forgot to mention a new blog I'm following, called Wisdom of the Hands by Doug Stowe.  Doug is able to combine his love of wood with a unique philosophy about life which reminds me a lot of Mary over at Jumping Off Cliffs, both of whom are able to make sense out of life's anomalies.


Until next time,
I remain,
Just another Zoroastrian Cowboy
Looking for a frequency that will reduce the noise in my life 
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