Showing posts with label baleout. Show all posts
Showing posts with label baleout. Show all posts

Tuesday, 14 October 2008

Credit crunch: Lazarus comes forth

A difficult case

The man was flailing, the doctors saw his condition and some diagnosed somewhere between the trivial and the critical; it could become terminal, but no one knew what was wrong.

Between a twitching eye and a radical emergency yet unforeseen, the sceptics gathered and simply said the man was faking it, it could never be that serious, don’t waste precious medicine on him.

Meanwhile the experts were conducting all sorts of tests on him but no one could afford the cost of treatment that he fell into a cardiac arrest – rather than do something in the private hospitals, they were looking at the bill and the insurance costs of reviving the man as they allowed themselves to be stunned by the fact that they were losing him faster than they could think.

A global contagion

There were similar cases all around the world but no one thought the vector was the same, each medical team everywhere was prescribing their treatments without comparing notes as each and every one of the affected relapsed into a state that warranted a quarantine that roped in countries.

He was moved out of the hospital with gold-trimmings into the state hospital where doctors who had done serious inner-city medicine had other plans and ideas; rather than the finesse of cosmetic surgery effete they brought in the defibrillator.

Stand Back! A charge of $700 billion was applied as the pads hit the chest, a beep, but he was still flat-lining; this thing was looking like haemorrhaging fever of Ebola virus proportions, somebody had to do something - pretty damn quick, none of the medicine was working – yet, we were assured the shock would revive the man.

In another room, some were praying, some were swooning and probably more had resigned themselves to the last rites – the man was as good as dead.

Treatments from the land of penicillin

In the land of penicillin, the doctor who had been a house officer for 10 years was thinking about a new kind of treatment just as the man in Iceland had already been wheeled into the refrigeration of the mortuary and the stone rolled over in front of the cave – we learnt that the house officer whilst tending his patients realised that strain in Iceland had a similar DNA profile to some of the ailing patients around Europe and he pulled their supply line of adrenaline - the man died.

He then put forward a drug regime that had chemicals pumped into the men in a concoction that would have made a 1930s hospital look like a cosy kindergarten; the men still did not seem to revive, they were all terminal, if not fatal.

He kept the regime up and he must have felt like Jesus felt as he loved the free market capitalist system and its trappings so dearly, we had been buoyed by his humour, his camaraderie, his ability to make us feel so good even when we have been so bad and we were in quite a bad way already.

We wept as the grand palace of the most magnificent illusions and mirages that were thought we were living in suddenly disappeared without a souvenir to show for living the good life.

Lazarus rises from the dead

Over the weekend, the doctors compared notes and advocated regimes of treatment that looked like the regime that the man from the land of penicillin had instituted.

Roll away the stone, he said and he bellowed – Lazarus! Come forth! A man came out of the cave having been dead for days and the bandages were removed and he was given food.

Men are reviving everywhere now, the stock markets are gaining their highest ever rallies, meanwhile we are sure we would find out what was responsible for that bout of severe illness, the men were probably poisoned, there would be a strict regime of diet and freedom, the drugs are still being administered to avoid rejection where some men have had to have heart transplants - cash injection of trillions seems to have done the job, so far.

Those men who as cannibals had craved and eaten Dutch flesh have been throwing up without respite, somehow, the third did not get Spanish flu, what a strong constitution he must have - say I. Those up North would now never be able to get away scot free and be alone from the land of penicillin.

What a long day of harrowing weeks and troublesome months of foreboding at the hospital, we are not sure we have a cure yet.

Notes on the idea

This wraps the story of the resurrection of Lazarus round a serious medical contagion baffling the experts describing the bailouts and rescues of the banking systems around the world and falling stock markets.

The land of penicillin as you know is the United Kingdom where penicillin was discovered, everything else is simply the workings of a crazy imagination.

Sunday, 12 October 2008

Credit crunch: No man is an island ... it tolls for thee

The times are troubled

In these troubled times when the markets have gone into irrational freefall such that the first principles of free marketeering have failed to contain the excesses and fear rules like the darkest pall of an approaching tornado; one is left to reflect.

When the storm started brewing last year, there must have been many who thought their savings were secure, their pensions were fine, the stock markets had just reached their highest peaks and the values of their homes were in the stratosphere.

I first got hit by the fallout of the occurrences in the United States in November when my mortgage interest rate got a 50% hike which in monetary terms was a good whack on the goolies.

It affects us all

I have been fine, but a lot more has been going on and it has come closer to home than one finds comfortable.

If ever we thought the credit crunch as a distant rumour we know reality now; if ever we thought our savings were safe as in they were put in Fort Knox, there are many who cannot enter to get their money now; if ever we thought the bailout would quench the fire like a tsunami would wipe out everything, we only have to see how the markets tumble like an avalanche at Mount Everest.

The Titanic and the free market

There was a time when a great ocean liner [1] was built that many touted as unsinkable, so was the great free market economy that brought prosperity to many.

As it went through the waters of the Arctic Ocean someone spotted a large iceberg just as some saw that the debts and mortgages cannot been sustained but no one did anything about it and ripped into the hull of the ocean liner.

There was an emergency which has been called a credit crunch and all the experts and crew gathered to find ways to either keep the boat afloat or save the souls from perishing.

When they finally got the life boats out the women and children were allowed on first, these for the US Treasury were the banks – the men had to stay behind – men and women, families, people struggling with high prices, unaffordable mortgages, astronomical energy bills and so on.

Bale out or bail out

As we have been told, if the women and children in the eyes of the US Treasury were safe, they might just end up helping the men – bunkum.

There was no way they could bail out the water fast enough to stop the boat from taking on more water and sinking – this is no funny situation we are bailing out like mice from a sinking ship they say this financial situation is as bad as the Depression of the 1930s, I can go back to 1912 as see a great human disaster of Titanic proportions.

It tolls for thee

But we pray as we have baled out in the cold icy waters that we might just be able to hold out till when Carpathia arrives; for this affects all rather than the few, it is global in its ramifications and local in its effects, no man is an island adrift from these times and troubles – it brings us to the quietest contemplation of realities of life and death for in the words of John Donne [2] we did ask for whom the bell tolls long ago as the financial turmoil began to unravel – Alas, as he went on to say – it tolls for thee.

And so suddenly we have to heed the words of our leaders, we are all in this together and all countries should coordinate their plans together to get out of this rather humongous mess.

The abridged version of For whom the bell tolls [3] appears below but the fuller version of the sonnet appears here from Devotions upon Emergent Occasions [4].

No man is an island,
Entire of itself.
Each is a piece of the continent,
A part of the main.
If a clod be washed away by the sea,
Europe is the less.
As well as if a promontory were.
As well as if a manner of thine own
Or of thine friend's were.
Each man's death diminishes me,
For I am involved in mankind.
Therefore, send not to know
For whom the bell tolls,
It tolls for thee.

Sources

[1] RMS Titanic - Wikipedia, the free encyclopedia

[2] John Donne - Poetry Foundation: The online home of the Poetry Foundation

[3] Home -> Inspirations -> Poems -> For Whom the Bell Tolls - John Donne

[4] John Donne - For whom the Bell Tolls

Bale out/Bail out - World Wide Words