Seeking Alpha

John Lounsbury's  Instablog

John Lounsbury
Send Message
John Lounsbury, Managing Editor and Co-founder of Global Economic Intersection, provides comprehensive financial planning and investment advisory services to a small number of families on a fee only basis. He has a background which includes 34 years with a major international corporation, 25... More
My company:
John B Lounsbury CFP
My blog:
Global Economic Intersection
  • Humor for Yuletide Week 16 comments
    Dec 21, 2009 12:06 AM

    From The New Yorker (here)  







    From The Poughkeepsie Journal (here)
     



    Disclosure: No stocks mentioned.
    Themes: humor, cartoons
Back To John Lounsbury's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (16)
Track new comments
  • Mayascribe
    , contributor
    Comments (10555) | Send Message
     
    Has anyone created a top ten new phrases of overused or least misunderstood words of the year award?

     

    My vote: "It is what it is."

     

    Some runner-ups:

     

    Transparency: Yeah, I know it's not a phrase, but nowadays it means way more than looking through Penalope Cruz's night shirt.

     

    Quantitative Easing: Before all this BS started happening, I would have thought QE meant less money into the system.

     

    Tea Party: You kidding me? Do I want to go to some purple-haired event where I'd want to steal the entire tea service and those cubes of suger that have doubled in value? You betcha!

     

    Eye Of The Tiger: That ole song has been quantitatively eased.

     

    Global Warming: Yes, this new term has been going on for years. Well, thousands of years.

     

    Hyperinflation: Eeeks! Anyone have a brown paper bag?

     

    Speculative Bubble: I'm playing. Are you?

     

    Green Energy: Isn't that why the greenhorns in all of the spaghetti westerns got shot? It is not green energy. Green plants love CO2. It is blue energy. That is the color of our planet.

     

    "

     

    21 Dec 2009, 12:36 AM Reply Like
  • Moon Kil Woong
    , contributor
    Comments (11564) | Send Message
     
    Mayascribe: I think "catastrophic" was the most used financial term in 2008 and 2009. Everything was described as this in order to justify equally catastrophic government measures which all ended up sucking money from you and your children.

     

    Then the tem was used by the Treasury and Federal Reserve to devaluate whatever money you had left and make sure you will get almost nothing for whatever you might save. They might have put a spend this before it expires date on every dollar bill. No wonder Americans are compelled to save nothing and spend everything.

     

    It's a hell of a way to run an economy.
    21 Dec 2009, 12:51 AM Reply Like
  • Mayascribe
    , contributor
    Comments (10555) | Send Message
     
    Moon: Catastrophic? Hmmm. Let's save that one for the future years. Though, I would say, in catastrophic measures, that in the long run, and I only mean not a lot more that a half decade from now, is when you'll see the word catastrophic implemented moreso. We are too stupid to understand this intense term right now. Bernanke/Gietner/Obama... Street avoided catastrophe, by only putting it off.

     

    There is a strategy I'm starting to, well, argh, understand.

     

    The smart dogs know this strategy. The even smarter dogs know catastrophe has been thrown forth to a time not within the next months. Very weakly, I'll put forward years.

     

    Ain't fun to say, but "ChugalongGlobnomics" are what we are in right now. But I will say this: invest in this premise.

     

    How 'bout this: The debt/ignorance ratio is ever increasing since the repeal of the Glass Steagle Act. The debt/ignorance ratio has been happening ever since the brilliant people in charge of our government chose to be subdued by lobbyists.

     

    Lobbyists. What exactly is the title of a lobbier? Snake? Do-gooder? Implementer? Or Impedimenter?

     

    Makes no dif, to me. I'm long this market, until it tells me otherwise.
    21 Dec 2009, 01:21 AM Reply Like
  • robert.b.ferguson
    , contributor
    Comments (10612) | Send Message
     
    Actually it's Red energy as the movement has become the new home of the "Social justice." crowd that were once called communists.

     

    On Dec 21 12:36 AM Mayascribe wrote:

     

    > Has anyone created a top ten new phrases of overused or least misunderstood
    > words of the year award?
    >
    > My vote: "It is what it is."
    >
    > Some runner-ups:
    >
    > Transparency: Yeah, I know it's not a phrase, but nowadays it means
    > way more than looking through Penalope Cruz's night shirt.
    >
    > Quantitative Easing: Before all this BS started happening, I would
    > have thought QE meant less money into the system.
    >
    > Tea Party: You kidding me? Do I want to go to some purple-haired
    > event where I'd want to steal the entire tea service and those cubes
    > of suger that have doubled in value? You betcha!
    >
    > Eye Of The Tiger: That ole song has been quantitatively eased.<br/>
    >
    > Global Warming: Yes, this new term has been going on for years. Well,
    > thousands of years.
    >
    > Hyperinflation: Eeeks! Anyone have a brown paper bag?
    >
    > Speculative Bubble: I'm playing. Are you?
    >
    > Green Energy: Isn't that why the greenhorns in all of the spaghetti
    > westerns got shot? It is not green energy. Green plants love CO2.
    > It is blue energy. That is the color of our planet.
    >
    >
    >
    >
    >
    >
    > "
    >
    21 Dec 2009, 10:37 AM Reply Like
  • Mayascribe
    , contributor
    Comments (10555) | Send Message
     
    I though it was "pinkos."
    21 Dec 2009, 10:43 AM Reply Like
  • John Lounsbury
    , contributor
    Comments (3997) | Send Message
     
    Author’s reply » Moon and Maya - - -

     

    The only trouble with "catastrophic" is that it is being continuously redefined. What is catastrophic today may be the "new normal" tomorrow.

     

    Whoa! There's another term you left off the list.
    21 Dec 2009, 10:57 AM Reply Like
  • Mayascribe
    , contributor
    Comments (10555) | Send Message
     
    Good one, John!

     

    New Normal = Nervous Normal

     

    When things become "Catastrophic Normal" we'll have serious problems.
    21 Dec 2009, 11:01 AM Reply Like
  • Freya
    , contributor
    Comments (2432) | Send Message
     
    "Normalized Earnings" gets my vote.

     

    That's why the Markets are this high. We are looking for normalized earnings.
    21 Dec 2009, 11:33 AM Reply Like
  • John Lounsbury
    , contributor
    Comments (3997) | Send Message
     
    Author’s reply » Freya - - -

     

    Very succinct. I just wrote a much longer comment about normalizing earnings on John Hussman's article. I should take brevity lessons from you.
    21 Dec 2009, 11:37 AM Reply Like
  • Clive Corcoran
    , contributor
    Comments (1207) | Send Message
     
    Some more suggestions for over-used expressions and bogus arguments this year:

     

    We have no choice but to pay bankers their huge bonuses or they'll just leave and go to another firm.

     

    In the case of the UK this is somewhat modified into "they' ll leave and go to Monaco, Switzerland - even New York"

     

    Goldman Sachs has recommended ....X.. to its clients (usually arises when GS wants to get out of a position in X)

     

    No need to worry the Chinese will always want to defend the dollar and be major buyers of Treasuries, even after QE comes to an end,.... it would be crazy of them to jeopardize their huge dollar holdings.

     

    The Fed has an exit strategy and it will not be disruptive to markets.

     

    The best piece of spurious reasoning I read at this site was from someone who should have known better and who suggested that the US will face a hyper-inflation problem eventually but it won't be quite as bad as Zimbabwe's.
    21 Dec 2009, 12:02 PM Reply Like
  • lower98th
    , contributor
    Comments (1420) | Send Message
     
    Bailout
    21 Dec 2009, 12:47 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10555) | Send Message
     
    Add ClimateGate, naked shorting, Obamanomics and Ponzi Scheme (well, we've all heard that one before), to the list.

     

    "Fiscally sound," gets top dog for least used and most forgotten phrase.
    21 Dec 2009, 01:28 PM Reply Like
  • robert.b.ferguson
    , contributor
    Comments (10612) | Send Message
     
    How about "Since the great depression."? I have yet to figure out what was so great about it.LOL
    21 Dec 2009, 01:54 PM Reply Like
  • Mark Bern, CFA
    , contributor
    Comments (5184) | Send Message
     
    Maya - Another term we need to hear more of is "debt-free."

     

    Climate Change - that's one that is coming into vogue now that temperatures around the globe are cooling.

     

    Messiah - I don't think people are using this one the way it was originally intended either.

     

    Obamination - This one has had it's definition do a 180 degree shift in less than a year. Who know why?

     

    DD - Maya, I know what you're thinking but I'm not going there. How many people who speak of due diligence actual know what it means? I hear the term tossed around a lot more today than ever before, but for the life of me, I suspect that for some it means no more than checking the rsi.
    21 Dec 2009, 07:14 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10555) | Send Message
     
    Mark: Good ones! And funny, too, timing-wise, because about an hour or so ago, I used "messiah" within a comment I made in John Petersen's most recent article.
    21 Dec 2009, 07:56 PM Reply Like
  • yellowhoard
    , contributor
    Comments (1508) | Send Message
     
    Next time I hear someone say "global solution", I'm going to barf on my penny loafers.
    21 Dec 2009, 08:21 PM Reply Like
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.