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Showing posts with label Central Bank. Show all posts
Showing posts with label Central Bank. Show all posts

Friday, February 12, 2010

The Nazis Won [Today's News Poem, Feb 12, 2010]

The Nazis Won [Today's News Poem, Feb 12, 2010]
Khakjaan Wessington

“For the second time in less than five weeks, China’s central bank has moved to limit lending to consumers and businesses by ordering big commercial banks to park a larger share of their deposits at the central bank. The step, announced late Friday, came earlier than most economists had expected and was aimed at forestalling a rekindling of inflation by controlling a rapid expansion in bank loans. Families, real estate developers and industrial companies have been borrowing heavily and have started paying more for everything from food to apartments.”
http://www.nytimes.com/2010/02/13/business/global/13yuan.html

The dictionary's buttressed—scholars, publishers,
And interests determine how its read, applied
And otherwise abused—despite how language-roots
Grow deep within the common use. These thought-fissures
We see in words like 'Fascism:' it's oft denied
In case right here. America has tax jackboots

And threats of killer debts because the contractors
Can cover loans by governmental guarantee
Of pay: they borrow all the cash—we can't compete.
Who risks on tiny business? Nuclear-reactors
Will generate a yield for sure, the bourgeoisie
Are safer allocations unlike most main-streets.

Main Street: a flow of cars—of bars, electric wires.
To squash the meats without a shell; to keep the thieves
Away from Mine, to burn the birds to death: with tires
Or current, desperation sells: it hurts, it weaves

The means to close the deal: the cars will sell,
And suicide's against the law, so profits swell
At burger joints that own this land: don't call it hell.