Friday, April 25, 2008

Drowning in oil

It has been an interesting week...



My company announced first quarter losses of 274 million, as well as a somewhat confusing imaginary loss of 6.1 billion. The imaginary part of the loss is the actual devaluing of the company based on the incredible rise in oil prices.
After the recent collapse of an irresponsible mortgage system, where lenders gave money to unqualified buyers, and unqualified buyers accepted loans they couldn't possibly pay off once the falsely low ARM expired, the rest of the iceberg is slowly revealing itself. By the time it's fully embedded in our hull, and Leonardo and Kate are balancing on the top rail as we go under, there will be no room in the life boats for most of us. Sam Walton's relatives will be jabbing at us with oars as they sail off to safety with the CEOs of EXXON and Chevron, a rainbow-ee film trailing behind them as they run their fingers through the water. In another boat Bill Gates and Steve Jobs cling to each other like long lost brothers, chuckling over the idea that he could have been named Steve Jobs-To-Taiwan.
As we sink slowly into the depths, our hair floating around us like Medusa, small bubbles emerging from our nostrils as we try to hold our breath, a friendly dolphin appears and guides to Atlantis. We live out our days in peace, harvesting kelp and achieving enlightenment through the tutelage of our Alien rulers. We will be relieved to find Amelia Earhart there, alive and in a better place...
Maybe not.

1 comment:

Echo said...

Wow...I hadn't heard...what does that mean for you? Things are definitely spiraling out of control in our country. Money always speaks louder than logic--a unique flaw of the human species. Atlantis sounds nice though...