Turning the Economy Around?

(Courtesy of jazminmercer.com)

With their plan for turning the economy around,

GOP could send the country crashing to the ground.

Unemployment rates are down... The markets? Record highs.

Fuel is cheaper, we're insured, new housing's on the rise.

Since we're in recovery already ('though it's slow)

Why would they turn that around?  There's not far down to go.

We have got to hit the gas 'cause that is what it takes.

Do not stall the country now by slamming on the brakes.

A Leaky Ship of State

B of A's agreed to pay a record breaking fine;

Countrywide sold mortgages that crossed a legal line

Knowing that the loans that they were peddling were junk.

16 billion dollars...  That's a pretty hefty chunk.

Do not get your hopes up though - I doubt you'll see a dime.

Nor will Countrywide's executives do any time.

Might be a deterrent but I'd bet it's not the banks

Who'll be paying through the nose next time the market tanks.

Thought they were "too big to fail" before?  They're bigger now.

But, with recent record highs reported at the Dow,

Wall Street isn't in a rush to implement reforms;

Leaving us a leaky Ship of State in future storms.

Solstice Eve

(Photo/Courtesy of independent.co.uk)

It's another perfect day; I'm headed to the beach.

(Sparing all of you my own incessant need to preach.)

I don't know what's happening in Washington today

And I do not care what politicians have to say.

Can't say if the market's trending up or if it's dived.

Saturday's when summer has officially arrived.

Seeing as it's Solstice Eve, I'm off to celebrate.

Hoping you and yours are well and that your weekend's great.

Wall Street's Hissy Fit

(Photo/InvestWithAlex.com)

Yesterday the markets dropped; they had a hissy fit

When Bernanke said the Fed would taper back a bit.

Wall St. knew that this was coming; there weren't any shocks...

Doesn't mean they have to like it - hence, the falling stocks.

Ben Bernanke quit his job as Chairman of the Fed;

Monday morning Janet Yellen will be there instead.

Tapering is likely to continue under her.

(Thanks to Ben Bernanke, we're much better than we were.)

Now that the economy is chugging right along,

Giving indications the recovery is strong,

Wall St. needs to come to grips; they need to do it now...

Not take out their anger on the NASDAQ or the Dow.

The State of the Union - A Re-Cap in Rhyme

(Photo/LadyLiberty.com)

Nation watched the President tell Congress how we are;

Said that, in the last five years, we've all come pretty far.

Companies are hiring, the Market's through the roof;

Cited recent studies, gave examples, offered proof.

Wasn't soaring oratory, more a laundry list.

Made a plea to Congress just before he slapped their wrist;

Said he wants to work together but he also will

Act, at times, to circumvent opponents on the Hill.

He was not antagonistic towards the GOP

But he made it very clear; that's how it's gonna be.

I can't really blame Obama...  What else can he do?

When he asked for 40 things last year they gave him 2.

And the 2 he got he didn't get without a fight...

Every single bill faced opposition from the Right.

Maybe immigration will lure folks across the aisle;

Congress working as it should...  Ain't seen that in a while.

The 113th Congress - Saner Heads?

Rumor has it Harry Reid and Mitch McConnell are

Very close to compromise, although they won't get far...

Just across the hall, perhaps, unless John Boehner will

Bring it to a vote.  I wouldn't hold my breath until.

Markets must believe it 'cause they didn't take a dive,

'though the recent shutdown means that business didn't thrive.
 CFOs are slugging down their keg-aged, single malt.
They don't like a shutdown but they really hate default.

Hope the markets have it right or we're all gonna lose.

Hope the GOP will put a muzzle on Ted Cruz.

Judging by the recent polling, he makes people mad,

As we ponder how this situation got so bad.

Wondering why we're ignored in favor of extremes;

Why we're always victims in some politician's schemes.

Hope that saner heads prevail and they can make a deal.

Call or write your Congressperson. Tell them how you feel.

The 112th Congress - Making Sausage

Cartoon by Christopher Weyant of The Hill and The New Yorker

Politicking, posturing - they pander to the press.

Every day the two sides drifting further from success.

Racing towards the fiscal cliff like lemmings to the sea,

Leaving me concerned we've got a broken polity.

Maybe this is sausage making and I shouldn't look;

Simply close my eyes and hope that I can trust the cook.

Even should I choose that course, I fear the markets won't.

I may trust the government; the Dow and NASDAQ don't.

They don't think that, privately, there's progress being made

As their hopes that we'll avoid the cliff begin to fade.

Congress may  produce a tasty sausage we can try,

But it looks like not before we see pigs learn to fly.