On another thread on the Brat site this morning there are some great morphed photos of C-Dories in huge seas. Pat - you did a great job morphing the lead photo on this thread.
But the rumors of Mac-dom and shortage of rocks is setting off panic on Wall Street - see what you started Pat? Look at the selloff in the markets? Here's this mornings news:
As wildfires continue sweeping the financial markets, analysts and legislators agree on the need to sift through the ashes of earlier Mac morphs to learn what went wrong with the regulators (TyBoo - DaNag - where are you?) and how to prevent future disasters.
The Senate Committee on Banking, Housing and Computer Affairs had scheduled a hearing yesterday to discuss the recent failures and the role regulators played in them. The hearing was postponed because of new developments in the financial crisis (such as oil spills, EuroZone Bank Collapse), but senators are expected to return to this serious topic of morphing Mac photos.
Now, as to the shortage of rocks - this article was 'leaked' from the secret files of the USGeological Survey and is causing additional panic on Wall Street.
It has been revealed, on the latest TV news, that federal geologists have secretly collateralized rock obligations (CROs). These inane financial instruments are a type of structured granite-backed security (GBS) whose value and payments are derived from a portfolio of fixed-income underlying basalts.
CRO securities are split into different risk classes, or trenches, whereby "senior" trenches (those that are Precambrian) are considered the safest securities. Interest and principal payments are made in order of seniority, so that junior trenches (post-dinosaur [post Cretaceous]) offer higher coupon payments (and interest rates) or lower prices to compensate for additional de-fault (San Andreas) risk (measured in Richter Units (RU).
Now, we're sure that's as clear as the evening financial news. Bottom line:
!!!!! SELL ALL ROCKS !!!!!
(El says that because she has already sold short on all her collaterized collections).
Thanks, Pat.