Doing Nothing – Nibbled On CCJ

I’m sitting around, being mostly quiet, while I chip my way through a rock pile of work that has managed to errupt on my desk.

I’m doing nothing, because that’s the best thing to do.

The Federal Reserve tricked you. Just admit it. There was never any intention to taper. Taper wasn’t even a real word, until they invented it and bribed the dictionary. Everything you knew was a lie.

Now, you’re petrified of a government shut down and the debt ceiling. People, despite your predilections, the GOP isn’t stupid. They’re pretty good at counting support, actually. And votes. Your party doesn’t run train for four decades by being moronic. Republican veterans are even now curb stomping the young and impetuous Tea Party losers, with flare and grace.

“RINO”s will jump ship and join Democrats in a grand bargain. Funding will be found, the debt ceiling will be raised with some small “moral victory” for the GOP, by way of future “future spending cuts”, or some such nonsense – and life will go on.

There’s no reward here for Republicans to try and be disruptive. There’s a lot of reward to just let this ship hit the iceberg, as most of the GOP have spent the last three years commandeering the lifeboats.

The debt ceiling is a sensational line of storytelling. But this is only being discussed because journalists are largely group-chatter monkeys. The causal storyline aside, I’m long and don’t care, because the Fed has my back. ~$500 billion annually will do that to a man.

I nibbled on CCJ today, because it’s cheap. My cash position stands just higher than 20%.