March 20, 2004

what's wrong wit ya bobby


 Bobby
 for Jonah’s
sake
a nation of over spenders ?

  please 
what's up here ?

whatz this soft shoe 
sand dance

are you into
 an 
 up date 
of Jonahs 
cry 

“ yet forty days
 and Nineveh
  shall be overthrown ”
=========================

 “diet oh ye pigs of amerika
  cut out the rich foreign
 delicacies”

 “ cast off your Prada
     and your Hermes
         your wop gowns
     and  frog scarfs 
put on bib overalls 
made by  non native born
domestic workers ”
   
  “ burn your niptronics
   and nordic cellulars       
        learn to barn dance ”
====================
 again Jonah 

  “ let neither man nor beast 
herd nor flock
 taste anything 

let them not feed 
nor drink water 

but let man and beast be covered 
with sack cloth  ...”




======
you claimed on the radio last nite
we booby americans 
over import

“too many 
goo gaahs 
bought on time
foreign time ”
  you say 

THAT CRACK'S
 NOT WORTHY
 OF YOU 
BOBBY 


  this great fish 
has preserved 
you bobby 
spit you pout
but preserved you from
the stormy seas

this wageling
 plebo whale
 
THIS WORKER'S
 CRUCIBLE 
THAT'S WHAT 
 PRODUCED THE VALUE 
TO 
SEND
 YOU TO OXBRIDGE 

YOU 
OWE  THESE
‘UMBLE BRUTES

 BETTER 
RECOMPENSE 

AND I ADDRESS YOU CAUSE 
YOU ONE AMONG HUNDREDS KNOW
IN YOUR HEART
THE TRUTH 
OF WHAT I SPEAK 

------------------------------------
but pinky 
these wagerys

“ can not discern 
between their right hand
 and their left hand ”

that slap 
is 
your thanx 
your pay back 

oh pithy 
   little one 

“ as a country among countries
 we got to 
live within our means ”

 stern
 if velvet wrapped stuff 

iz that 
you
youuuuuuu bobby 
 saying thizzzzzzzzzz
shiiiiiit 
====================

are you sayin’
 the tiny
waged  ones of america 
are at fault
 
if hell brakes out
its cause 
 small
potatos 
 simply 
over bought
and over borrowed 
their  way to it 
======================

IF INDEED YOU ARE SAYIN
SOMETHING LIKE THIZ
THEN

 whats yer Rx 


“ archy bunkers 
got to swear off
  all that foreign factured
 pleb-shlub dope ”

blue stream america haz got 
to   stop 
the 24/7 
 elvis potlatch

YOU GUYS 
ain’t big men
enough
 for all thiz feastin 
 and fritterin

no sir 
you’re
only
just a pack of 
 ballooned up pipsqueaks

livin large 

livin for a moments
notice 

 livin ‘
off    
the asian  sharks
temptation cards 

off their  
slippery 
all too easily 
pandered
 “ use mine ”

their 
  one after the other 
endless
 lines of credit 

“ go
 ahead joe 
 it ok
go ahead
 snort it ”
 --------------------------------------------

and what triggered this?
scold

you claim
its all the calls 
in the public square
lately for 
a more expensive yuan 

and 
you say to that 

“ no 
my people 
 raise not 
 the yuan rate 
 lower
yer purchase
rate ”
===================
seriously 
are you
 just being puckish bobby ?

to wave off
 exchange rates

to blame piggy
 consumption habits

for our payments gap 

not capital flows 

not doctored
  yens
 and yuans

and
 especially 
not 
the un mentionable 
lynchpin 

investment protection

not 
that  
 takes two to tango 
central bank 
common  congress
conspiracy
of creamers

no 
never a word from you 
that
investment 
oriented wonks
doctor
our 
dollars 
to their specs

like “ the oz “

you gonna let em 
hide behind
 the curtain
and keep 
calling the shots 
===============

to not blame the gap
 on
policy benefiters
on
the  wall street green heads 

the guyz 
who just happen also 
to be 
 running the show 
  at the fed  
 and
 at  the rest
 of the globes CBs too

their large and in charge
world wide 

fuck Bob 
you know all thiz
so 
whatz your angle here 

you’re spritely about it 
not dour 
not 
crying 
“ like itz a deeeeezaster man ”

but 
the  implied outcome 
if ever so mildly sketched 
is stark
 
and 
self shaming
for
 little bozos
trying to purchase 
a touch of happiness 

or is
 the pursuit of happiness
 been criminalized
for crass  wage runts 

do ya like wicked witch shit
 
“ some day my pretties 
 if you don’t drop 
the chinese chop sticks 
 for a mo ....””

is that aimed at joe six pack ?

I ask 

cause you point
 no fingers at specific
klass types 

though 
I see 
householders
expenditures
 in your
 heart’s
vice grip
------------
what ‘ll
 it be next  
  round 76
 of 
“get skilled 
brother and sisters
make your happiness
  by earning it
 on the job market 
not by 
 borrowing it
 against your
shabby ass
 looking  future ”

 are you going
 back to that 
 school bells
 school bells
train train train 
 shit 

i love ya Bbby
I always will

yer good good people 
 and
 you don’t claim
and never have claimed 
little america
doesn’t work
hard enough
 or long enough 
or 
carefully enough
 

whether they’re stuck 
 at the plant
store
or office 
you’ve always given em
the hip hip hoorah 
 

 but
   you do babble
about how 
we 
that is 
too many of uz
 anyway 
 don’t
 for what ever reasons 
 stay in school
 long enough 

and don’t study
 the right stuff

particularly 
tough stuff 
like math and mechanics 

tort law and han dialects 

yer like
 a nice lovin parent
with 100 million
flubadub kids on yer hands 
something
 out of the bright side of
Dickens 

but bobby...........
--------------------------------
maybe yer kids 
ain’t so bad bob

let me try to convince you 
using  another approach 

imagine
we’re talking 
 state fiscal  deficits
 
 you ran for gov on
 “  letz make  uncle 
 bail uz out”
 
 
whats the diff 
 where’s the diff 
bob 

 state 
to
nation 

nation
to 
 globe 

now don’t answer too quick
don’t jerk up 
the eco 101 knee here


 for example 
  don’t  gib me 
the inside one house
or better inside one stae line 
which i know damn well 
 you don’t buy
don’t try repacking it 
and shooting it back at me 
as the  inside one nation line
shit 
actually 
the worlds a house too 
bob 
remember those pix from the moon 

at least it’s 
one house 
for  humanists

and I figured that
 even  went for 
  practical humanists
  like you 
 

 humanists for 500 years 
have started from
 a world without boundries 
from a
 whats best for all 
perch
now frankly 
i don’t buy that shit 
but its better then
 the uber alles option
=======================

 if  
i can’t persuade you 
to start from a 
global class position

cause you’re
both 
 a universalist 
and 
a  single soul 

a unique soul at that
only one 
 among 6 billion 
other unique souls 

yer 
a supraklass 
humanitarian
bob

and
 from years chatting up 
your sort of
 uniquenesses 

i realize 
klass war
 has few  trenches
with bobby types
willingly in them
  
once the shooting starts 
 you am out of hereish

and so 
 mostly 
when it comes to
 whether or not 
 the klass gods exist 
though there are few left
 in the trenches 
there are
  tons of agnostics 
and atheisists
up there in 
the ivy towers

now you you angel 
 
you adore sallying out
 into the helotry  

 but remember bob 
even though 
your head’s world 
 is an open one 

nontheless 

that head world
today gets its nourishment 
from 
 a gated  community 

just as much
 as the rest
 of ours do 
we all come from gated communities
only some got
higher walls and better gates
and others got
  just a bad smell 
to keep the rest out 

so  
secretly 
in my opinion you’re 
still 
 shaped by 
your gated community
just like the rest of uz
  oh knight 
--------------------------------------------
but bobby 
you thoughtful chap you 
think on thiz

 is  wageling 
piggy-lazy 
self indulgence
your target
even if only by 
unintended
implication 
 

do the helots
 need to
 buckle in 
and buckle down 
too 

 or just the saving klass
the upper 20%

if so 
if we 
all killed kennedy 

then
I think
 this GREASE
 spot
 called caution
doth not
 become you 
  oh 
 great one 
------------------

( here cometh
the  pinky 
in A.D.D mode 
to give
a remedial to
the one and only  bobster )

tell me 
are you
 three viewing
 this bobby ?

are you giving
this issue
the globe-nation -klass
threeview 

not 
the threeview squared 
not the 9 view
 
i’ll spare you that 

but the three view 
are you using it bob 

I doubt it

Mr. Reich do yourself
a favor
threeview 
before you blurt forth 
homolitics 
be4 you belch out 
cries of violated
 financial  stringencies
like you’re
 the caboose 
on the IMF special 

god love ya bobby 
its 
not your style 

belt tightening 
RX’s
from you ?


 you’re playin
 bob rubins game here 
rubinomics
you’re playin 
 wall street wisedom 
the sad but true limits 
to happy pursuits 

the spoon’s worth 
of  cod oil for 
for softies 
and parsons 

 in the past 
you’ve rightly 
spared   the jobless 
such insolence 

but now you won’t 
spare  the nation 
or at least 4/5ths of 
the nation
a similar insolence 

basically 
am i missing something  ?
or
are you missing something ?
-----------------------

1)  global view first

  we’re the great
 k mart of the globe 
  right ?

the great  market 
for everyday crap 

every industrial system
any where world wide 
 wants maxo 
shelf space here 

so they give us a deal 
plenty of credit 
by which 
they all  support
 our dollar
keep it high
  and dry
and their prices low 

( avoiding the real interest rate
 conundrum here for now )

can you really be happy 
spoiling our fun 
pointing out 
that 
our “  over valued ”
 dollar 
is
 giving uz schleps 
here in america 
 a special discount
 on all that  globo crap 

but but but 

 we’re runnin up a tab
over in east asia 
and some day........

  are you implying 
  this shits all just 
pop heroin
 pokyman opium 
for the masses

 that we’re 
 all  addicts here 

are you saying
 
“ cut em off 
maybe 
not cold turkey
 be human
 if at all possible 
 but cut em off 
eventually
 and start now 
it’ll hurt sure
 but we’ll be healthier 
later 
face the facts
all this shits just heroin 
 who needs cheap heroin
  its poison afterall  ”

  the addiction model
  Calvinic crap 
 
 bob’s 
 12 steps to balanced trade 

 please not you 
 too bob 

by the way 

would we be
any the less  addicted 
to trinkitudes 
and 
glittery escape capsules 
if the shit 
came from inside
 our borders 

i mean really bob 
for us as individuals 
hows  it better
 to borrow from our 
fellow americans 

higher homey savings rate 
 domesticates
 our trinket habit
but it don’t end it


how about it bobble 

 if your real target
is the usury rackets 
go for it pal

the shylocks 
are draining  billions
out of worker households these dayz 

for a marx guy

that looks like thiz

the caps rip off 
part of the value
 wage  producers create
and then loan it back 
to the wagelings 

over time 
this wares down folks
even long and hard working
 job slaves

 
and  the tower tall  shylocks 
have  been sucking off 
 the middle middle since 46
 and 
 the lower middle since 66 

“ go ahead Homer 
 borrowmax 
 borrow agin house 
borrow agin 401k
borrow  agin life insurance 
sure 
why the fuck not
 you and yours can work it off  ”

hate that bob 
so do i 
in fact it  gets
 my blood to a boil 

and 
 are you sizzled by the new twist
the latest tower dive 
the big boyz 
shylocking of the ghetto morons 
 
slumloaning 
joins slumlording 

piss you off bob 
iif so then hit the apple 
straight on 

don’t come at it half assed 
with shit like 
“saving nations
are clean nations 
and clean nations are
progressing nations 
and progressing nations 
are 
contented  nations ”

hit the shylocks dead on 
right between the eyes

-----------------------------------

back to big pix 

heres where you lost the trail of the truth bob 

globally speaking 
now 

yes indeed
its true blue clear 
yes 
only a majestically  lax
 majestically wealthy 
importer/exporter like uz
 can get such  deals
 or want such  deals
from trading partners 

but theres a good deal more here 
this shit takes some turns bobbby
there are persistent eddies
movements counter to tidal directions 
even the tower crooks admit that 

take the krautz
you’d think 
 they’re too into xport
to sit still 
for a higher flight for the euro 

hurts their xports right 
then given their clout 
hell 
they could pound it back down 
so why’s it risin 

how did this rise 
 pass their nose 

 maybe 
because
theres two ways to play

you can 
play it high
and 
you can
 play it  low  

so their products
 just got a price increase
 outside europe 
so what do german caps do 
they 
switch from low play to high play 
 now for the krautz
its 
 time to buy  
foreign  assets 
they’re  cheap now 



course theres always the balance
to finance 
the chinks ‘ll come across 

also 
if you already own alot of foreign assets
  they’ll
 look like they’ve 
 tumbled
a tad 
for the moment 
but big boys 
at least enough of them 
know better
then to fall for their own show 
the scheinvert of asset values 

so big smear 
holdings look devalued

asset values
 come and go oooooo
lets talk of another angle oooo
---------------------------
 so yez
we’re seeing 
a  revaluation binge now
hitting the EURO/DOLLAR 
relationship

and we ve
been
here before  after plaza 85 

after that 
remember
not just the then euro currencies rose
there was 
 the big yen rise 
 
 the late 80’s 
was buy america
time 
but even more so 
not only we’re we buying 
still even as prices rose
but now
america herself was at 30 % off 
 
 buy america now
while shes cheap 
buy 
her towers
 her studios
 her forests 



but today 
like ever new day
 is a little/lot
different 
 
today its not the yen center stage 
itz China’s  yuan 
and 
 china’s yuan
 pegged 
and 
they won’t let it rise
like the yen of the bye
gone 80’s 

( despite the euro vs dollar rise 
 making dollar tied 
  Han products 
even cheaper in europe
 I don’t see
 big han invasions soon
till now europe
unlike uz 
 has done 
  little sinoportation
they’re  more
  into 
the direct  investment
part of the 
ASIAN - INVASION  thing 
 now 
with the  super high exchange rate 
watch em buy 
 chink labor and assets
 like never be4    

see why the yuan cries are not universal 
 similarly
to the krautz 
even  dollar based companies 
have 
every reason to love the low yuan
if they intend 
to buy into china itself
like the japs
 bought into the US
 in the late 80s


SEE THE CONNECTION

high rate ship out capital
low rate ship in capital 

notice its 
the opposite 
 of trade
so the janus 
can claim  opposite
counterpart 
 as its motive 


an analogy 

 price change rates


there’s a polcy struggle between 
creditors vs debtors 
over inflation right 

winners arm wrestle losers 

is there an all time bias ?

how bout traders vs investors 
well 
here its four way
 not two way there its ds and cs 
but here you got 
 ims and exs
as well as t’s and i’s 
usually the line up is 
one t and one i 
on each side 
of any valuation tussle 
 based on their
 im or ex intentions 
 

----------------------------------
to repeat 
heres the glow worm bobby

A cheap yuan means 
a cheap china
 
our corporations 
are making out like bandits over there 
  we buy
 not only rugs and calculators
 cheap from china
most of all 
we buy china itself 
china 
and its people
 cheap 
real fucking cheap 

its cheap chink time 
we really want

 the we here of course 
being
not you me or the
130 million  wankers 
but 
 the power tower boys
 on wall street 
 and madison ave 

whatz the phoney buzz label

“ Benedict Arnold “
 Companies
----------------------------------
further small irony
 its our own Corporations 
firing these cheap prducts
 back at uz from over there 
----------------------------------------
another example 
mexico 
shows contrast 

both have undervaled currencies
chronically under valued 

the peso is maybe half valued
where 
the yuan’s prolly no better then 
 quarter valued 

as far as direct investment goes
mexico is obviously safer 

its an in and out 
strategy in china 

build
and  finance 

but don’t own steel mills
and such
 no sir not 
 over in china

for now stick to
 the quick job stuff 

hence walmarts hegemony 

its a standard exploitation strategy

why  trust their property system 
to honor our claims 

and china’s perfect 
we want their labor 
not oil or iron ore
not
stuff with deep up front
 investments 

the way we’re playing 
the china hand 

we only want stuff 
to hold up 
long enough 
to pull  out
our down payment
 plus 
a big return on swag 

shit 
after
that its all gravy 

who cares if some day 
 the roof collapses 

the worlds dynamic
and boy
 ain’t it big and wide!


the volcano blows in china 
 so what
 big deal 
 sure we’ll go up too
 but we’ll come down
 some where else
 we always do 


----------------------------------
 

as things now stand

too much surely 
   hinges on us
  as consumers

we’re
 the great final market

 thats a 55 year deal 
and its
independent of our export role
 
that is 
independent
 of  regular products exports 


but not
independent of 
 investments

the law of the modern age 
( i.e. since 1946 )
overseas investments
 rule wall street

to make dough 
over there
 our corporations
needed two things 
safe there 
and safe here 

first they need
safety for now
when they invest over there 


and second 
they need 
the rexport markets 
safe back here
 
to make music
takes two and 
 both clear 
and open 
at once 
 =============

 nafta type paradigms 
abound

the ec  
obviously 
being 
the original post war 
example


yep thats right 

that safety first proviso
  gave uz 
the Euro core 
of 
the  kold war  
----------------------------
here come some 
some tangencies
 at a brisk trot

dollar values 
have a large measure of deliberate 
 causation
to say simple
 its like the tides
it comes and goes 
 and no man
 can seriously
 manage its turns for long 
 

   if we say 

slashed imports by 350 billion 

   imagine the devastation 

even if it was over a 5 year period 

70 billion a year 
==========
wall street
when the green lites on globally 
iz sure to be 
 puttin the 
 national view second 

 can other klasses 
 national perspectives  over ride
profit pathways ?

are you prepared
 to say the nation 
could
be better off 
with a vast import substitution
then go for it
watch what happens to ya 

but any how
lets ponder here

what if say 
toyota
to keep its us markets is forced 
to  switch to american
 plants entirely 

would our
 owning klass
 view things one way
and wagelings another 

of course they would

but you’re in the middle bobby

that means 
either you side 
with the caps 
or the wagery 
or
be true to yourself 
and 
 dream up third ways
no ways 

oz paths

 yellow brick roads 
that circle back to here again 

========================
working klass third 

are american workers
 better off 
in open market frames
where foreign
direct investors boss
em 

do workers care 
should they care
which nations 
capitalists
own the plant 
where  they job by day ?
  

alien kapitalists 
  american kapitalists
  whats the diff 

take a poll
what would ya find

are workers “ smart” 
enough to say 

“ who cares 
whos bozz
they’re all
 fuck u freaks 
anyway you slice em
right 
so bring em on 
 white red yellow 
so long as I get more green”

or are foreign bosses
viewed
different

are they viewed

as an even more hungry 
 bunch of 
power drunk
horny handed 
 chopper  crazed
bastrads

maybe theres a difference 
but maybe they know
its  not along
 native foreign lines
  
 all boss systems
are 
basically alike
they’re  all made 
of  soiled  gold
paper
but some iz
just even worse then others
though they
all got wolfmans in em 
YOU JUST GOTTA HOPES
THE MOON AIN’T FULL
 
QED 
Posted by pinky at March 20, 2004 01:55 AM

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