THE BIG YAWN

Some say Washington with all its histrionics has given Wall Street a case of the yawns.

The recent no-reaction to Bernanke's pledge of further inaction is just one example.

Collectively, at least in some ways, the market is smarter than many believe. The deal to roll back any serious cuts until September, that's the stuff yawns are made from. 

Now we know Fall is a beautiful time, hayrides, harvest moons and all that. Maybe by September we will all magically have forgotten the debt. The stock market, if Big Ben has anything to do with it, will provide the nepenthe. 

But there's an easier, shorter way to achieve this. Just have Mr. Bloomberg and his crack crew draw it up. Nothing larger than 16 ounces, however. Just one straw. And please don't forget the outta-sight, outta-mind hotdog.

Or the President could declare a national holiday while the minority speaker of the house gets another lift. The thought of that is pretty distracting.

Now that economists have declared they're biased, maybe we could get the MSM and politicos to publicly announced the same. That should be good for a 5,000 point, one-day rally in the ole DJIA. C'mon, Ben, use your influence. One more old Princeton try.

Correlation just got caused by bias confirmation. It'll sell, Ben. Trust me.

And forget the Gipper. The Obamer just tossed a big completion for the meat inspectors, union folk all. Just as the pink slips were hitting the airway a Hail Mary suddenly spun past. It was a perfect spiral.

Part of the reason: Scare Tactic 101, the prospect of tainted meat. But if memory serves, a lot of tainted meat made the rounds given a full complement of inspectors.
But the Obamer might have head faked himself out of position here. A serious outbreak of meat-induced ptomaine could easily be hung on those popular Repubs.

Speaking of the Repubs, their defense is more porous than my old girlfriend's face. A one-eyed QB with a missing thumb on his throwing hand could toss for 400 yards against them--in the first quarter.

Now on to price stability. No, that's not a punk rock band. But it could be.