It’s such a perfect day….

Posted on 08/08/2011


I’m glad I spent it with you.
Oh such a perfect day,
You just keep me hanging on,
You just keep me hanging on.

You’re going to reap just what you sow,
You’re going to reap just what you sow,
You’re going to reap just what you sow,
You’re going to reap just what you sow…

-Lou Reed

There may or may not be a conversation of this ilk going on between Lloyd Blankfein, Jamie Dimon, Brian Moynihan, Steven Green, Vikram Pandit, et all and Ben Bernanke right now………….

Renton in this case is any one of the heads of major financial institutions begging for more stimulus.

Swanney or “Mother Superior” is Ben Bernanke.

Mark “Rent-boy” Renton: [narrating] I wished that I’d gone down instead of Spud. Here I was surrounded by my family and my so-called mates and I’ve never felt so alone. Never in all my puff. Since I was on remand, they’ve had me on this program, this state sponsored addiction. Three sickly sweet doses of methadone a day instead of smack. But it’s never enough. And at the moment it’s nowhere near enough. I took all three this morning and now I’ve got eighteen hours to go until my next shot. I’ve got sweat on my back like a layer of frost. I need to visit the Mother Superior for one hit. One final hit to get us over this long, hard day.
[to Swanney ‘Mother Superior’]
Mark “Rent-boy” Renton: What’s on the menu this evening, Sir?
Swanney: Your favorite dish.
Mark “Rent-boy” Renton: Excellent.
Swanney: Your usual table, Sir.
Mark “Rent-boy” Renton: Oh, why thank you.
Swanney: Would Sir care to pay for his bill in advance?
Mark “Rent-boy” Renton: No. Stick it on my tab.
Swanney: Ah, regret to inform, sir, credit limit was reached and breached quite some time ago.
Mark “Rent-boy” Renton: Oh, well in that case…
[hands him some cash]
Swanney: Ah, hard currency. Thank you, Sir. Can’t be too careful these days. Would Sir care for a starter of some garlic bread perhaps?
Mark “Rent-boy” Renton: No, thank you. I will proceed directly to the intravenous injection of hard drugs, please.

all the while futures are tanking. S&P futures are down 30 (which is off lows). DJIA futures are down nearly 300. The Hang Seng Index in Hong Kong is off by a whopping 7.25%. Crude is down $4.70 since the pit session ended (trading below $77). Copper is down another 12 cents (to 3.85/pound). AND GOLD IS UP ANOTHER $31 to $1,745.

Posted in: Uncategorized