Fed Headed For The Crapper?
Technically we could file this one under "in the Toilet Thursday" or "Thursday's in the Loo", but we shat, er shant. Instead we choose to file this under crap of a synergistic nature. Many Americans incorrectly insist that Mr. Thomas Crapper invented the toilet, and that word for feces is a derivative of his name.
Drawing from Danielle DiMartino Booth's: Is The Fed's Balance Sheet Headed For The Crapper?
Borrowing from yesterday's The Clown Bus? (Yes, you can click it now McFly!)...
and Martin Brody's epiphany in Jaws comes to mind....
Bottom line, to clean up this mess ala Crapper:
"Hey Ralphie , I think we're gonna need a bigger plunger!!!"
FYI - Thomas Crapper, 1836-1910; Sanitary Pioneer. Manufacturer, supplier and installer of sanitary goods (bathroom fittings, W.C.s etc.) plumbing and drainage. Improver and promoter of the 'Water Waste Preventer' (the syphon fitted in British cisterns); promoted plumbed-in bathroom fittings and brought them 'out of the closet'; inventor and patentee; Sanitary Engineer and supplier of goods to kings, princes, the nobility and gentry; founded Thomas Crapper & Co. in 1861; successful entrepreneur, self-publicist, Mason and member of the Royal Horticultural Society. - The History of Thomas Crapper Get in the car and Out.
Drawing from Danielle DiMartino Booth's: Is The Fed's Balance Sheet Headed For The Crapper?
"It is entertaining to watch market pundits shift in their skivvies trying to assure the masses that a shrinking balance sheet will be welcomed by risky assets.... Will President Trump pass the test and stand firm on reinstating leaders at the Fed who will transform it into a less compromised, more apolitical institution? Or will Trump fold, opting to keep the doves in command?"Ms. Booth's ruminations are ever mental viagra. Musing....The Fed must reconcile their large MBS and bond balance sheet holdings, and asset liability duration mismatches. Along the same lines, speaking of folding ones hand due to soiled skivvies...
Holy craptacular Batgirl! The orange Q-Tip at large and in charge to "drain the swamp" is turning it into a cesspool by refilling from a clown bus of ineptitude?Germane on both counts, and quite the visual, a juxtaposition of Honeymooners venerable sewer worker and plumber Ed Norton...
Bottom line, to clean up this mess ala Crapper:
"Hey Ralphie , I think we're gonna need a bigger plunger!!!"
FYI - Thomas Crapper, 1836-1910; Sanitary Pioneer. Manufacturer, supplier and installer of sanitary goods (bathroom fittings, W.C.s etc.) plumbing and drainage. Improver and promoter of the 'Water Waste Preventer' (the syphon fitted in British cisterns); promoted plumbed-in bathroom fittings and brought them 'out of the closet'; inventor and patentee; Sanitary Engineer and supplier of goods to kings, princes, the nobility and gentry; founded Thomas Crapper & Co. in 1861; successful entrepreneur, self-publicist, Mason and member of the Royal Horticultural Society. - The History of Thomas Crapper Get in the car and Out.
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