Hemorrhage – a significant loss of blood volume or a damaging loss of valuable people or resources suffered by an organization, group, or country.
Hemorrhage is broken down into 4 classes by the American College of Surgeons’ Advanced Trauma Life Support (ATLS). side note – this is an awesome class if you ever get the chance. Anyway, we’ll skip the first two classes and we’ll apply those definitions to the stock market. Politics and body fluids. Isn’t this fun?!
Class III Hemorrhage involves loss of 30-40% of circulating volume. May cause a citizen’s blood pressure (spending) to drop, the heart rate (hoarding) to increase, decreased peripheral perfusion (charity), and the mental status worsens (unresponsive to stimuli).
Fluid resuscitation usually necessary. (Just print more money, right?!)
Class IV Hemorrhage involves loss of greater than 40% of circulating volume. The limit of the “body’s” compensation is reached and aggressive resuscitation is required to prevent death.
We’re Here, Folks!! The market is down 40+%. Rainy day funds are gone. Nest egg funds are hemorrhaging. Exsanguination = Death
Whatever you do, now is NOT the time to apply a tourniquet around the neck of your patient.
I collect snippets, just for fun:
” At $410 billion, the bill represents an 8 percent increase over last year’s spending levels, more than double the rate of inflation.”
“President Barack Obama will break a campaign pledge and sign a budget bill laden with millions in lawmakers’ pet projects, administration officials said.” Broken promises? Say it ain’t so!? Here’s more: The Top Five
New Vocabulary Word of the Week – charlatan |ˈ sh ärlətən; ˈ sh ärlətn| noun
— a person falsely claiming to have a special knowledge or skill; a fraud
Case in point: POTUS describing the stock market decline: “fits and starts”, “bobbing up and down”, “day-to-day gyrations”, “Profit and earning ratios are starting to get to the point where buying stocks is potentially a good deal if you have a long-term perspective.” Bobbing? Gyrations? So, now he’s not just my president, he’s my CFA! Well, here’s my long-term perspective……I can see the bottom from here.
The Shining Hypocrite Award goes to: Help me decide…..Geithner or Obama?
“Over the next several months,” he said, “the President will propose a series of legislative and enforcement measures to reduce such U.S. tax evasion and avoidance.” — Timothy Geithner
I’m fully confident the BHO cabinet can do their jobs from a jail cell, just fine.
“casual dishonesty of hiding irresponsible spending with clever accounting tricks.” — Barack Hussein Obama
speaking about his ongoing rape & pillage of American taxpayers LOL, not really…just slamming President Bush as usual. Man, get on with it already!
I wish I had a dollar for every time BHO said “crisis” this past month. He’s getting so predictable and boring with all the “crisis” & “cataaaaaastrophe” rhetoric. I mean with that kind of income, I could AFFORD to pay other peoples’ mortgages. Dear Leader, doesn’t that Blackberry come with a thesaurus?
Smooth noob-move at the Kremlin, Mr. Prez. Here’s a hint from a commoner. We didn’t win the Cold War because we were smarter or stronger. We won because our capitalist toys were bigger & better than their socialist toys.
Guess what I found? Something that the US Taxpayer didn’t pay for. Scientist Solves Mystery of Belly Button Lint