Posted on 04/11/2008 5:36:40 AM PDT by TigerLikesRooster
The Accountancy Shanty
LEAD PIRATE:
Full speed ahead, Mr. Cohen!
CHORUS:
Up, up, up your premium. Up, up, up your premium.
PIRATE:
Scribble away!
CHORUS:
Up, up, up your premium.
PIRATE:
And balance the books.
CHORUS:
Up, up, up your premium.
PIRATE:
Scribble away!
CHORUS:
Up, up, up your premium.
PIRATE:
But manage the books.
CHORUS:
Up, up, up.
PIRATES:
It’s fun to charter an accountant
And sail the wide accountancy,
To find, explore the funds offshore
And skirt the shoals of bankruptcy!
It can be manly in insurance.
We’ll up your premium semi-annually.
It’s all tax deductible.
We’re fairly incorruptible,
We’re sailing on the wide accountancy!
LEAD PIRATE:
Oh, this is fun, Mr. Cohen!
PIRATE:
Sail away!...
CHORUS:
Up, up, up...
LEAD PIRATE:
Fetch me another exotic salute. To port! Bring her port to shell out! And the medium guys shell out to port! Balance the books! Bring me another small shellfish, Mr. Cohen...
Carolyn
Indeed, that’s what the Federal Reserve is saying on the “collateral” they’re taking in for T-bills and cash.
Bernanke is going to try to reflate like crazy. When does the printing press air lift begin in earnest and just what kind of inflation are we going to be in for?
Japan’s deflation is mostly the result of an aging, declining population.
We need to increase legal immigration and restrict abortion in order to avoid a similar result here, imho.
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