Eugene David ...The One-Minute Pundit |
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Wednesday, October 08, 2008
In a mutually fatuous applause line The Messiah and Boobs endorsed ST. WARREN for the Treasury. This is a bad idea because 1. His Holiness got His financial acumen from investing in 1965. In how many financial ads have we seen, "Past performance is not a guarantee of future performance"? 2. All His investments would pose a huge conflict-of-interest problem. How would He sequester His assets? 3. Just because a man's a Richie Rich wouldn't make him good at Treasury. Look at the sad last years of Andrew Mellon. 4. His Holiness is 78, and though it is not clear if He is mortal, He is old even for a God. 5. Right now the financial center of gravity is at the Fed, and we can only hope Ben accrued the right lessons from all his Depression studies.
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