The Skeeter Daddle Diaries

So we got these yahoos — let’s call them investors — teaming up through social media to buy some piddly ass stocks nobody in their right mind would gamble a 401-K to buy, figuring to drive the price through the ceiling by ganging up on their buy bids. They buy some stock called GameStop, the largest video game retailer, operating 5,509 retail stores throughout the United States, Canada, Australia, New Zealand, and Europe, so what if I’ve never heard of it, and in no time flat the price jumps from a yearly low of two and a half bucks to just under 500 american dollars.

Now, all of this would seem kosher in a world where Tesla stock shot up astronomically even before Elon could start selling his little battery run cars, making him the richest human being on Planet Earth. Nobody denigrated Elon Musk, well, at least not for getting rich on his stock options…. But when this crowdsourced party of know-nothing investors hit the jackpot, the market pulled the plug on their trading. Why? Because the hedge fund millionaires who had made investments in ‘instruments’ that specialize in betting against the success of GameStop (hence the term hedge fund, as in hedging their bets) suddenly found themselves on the wrong end of the deal and lost billions with a B in a flurry of electronic trades, well, no doubt some calls got made to the croupier in New York, scream and yell No Fair to the line judge at the SEC, make threats against who knows who down at the Dow Jones. And voila, trading shut down, mister, and I mean Right Now!

Welcome to the rarified world of high finance. Collateralized debt obligations, derivatives, collateralized loan obligations, futures contracts, short sales, annuities, swaps and options and warrants, probably nothing you didn’t study in high school economics classes, right? The Big Boyz are hiring PhD mathematicians and physicists to run complex algorithms and formulas, dreaming up schemes for monetizing about anything you can buy trade or sell, then calculating odds for profit, figuring out infrastructure to speed the time between buying and selling faster than the competition. Is the system rigged? you might ask and the answer depends on whether or not you’re some schmuck like me who dials in an order from some brokerage or other and maybe a few minutes or longer get a piece of the American Pie. The Big Boyz are trading in nano seconds. Something goes sideways, they have computer programs to bail before you can say Smith Barney.

I heard some talking head yesterday saying the kids driving GameStop prices up through crowdsourcing were going to turn the stock market into a casino, all just a big crap shoot, nothing based on actual worth of a company or a corporation. Well, call me stoopid and slap me with a three dollar bill, but I think the game has been rigged a long time. What happened in Wall Street stayed in Wall Street, just like Vegas. All well and good until the card counters rolled in.

Odds are you were like me, just get past the elections, get to the Inauguration, let the fetid dismal fog clear and maybe, just maybe, we could get back to some semblance of sanity in this country. The emperor without clothes would slither back to his golf course and his reign of terror would end. Okay, it’s been less than two weeks and from my vantage point down here at the bottom of the food chain, not much has changed. Oh sure, we got a new leader and yeah, the Senate flipped, signs of optimism if you’re not a Qanon Kool-Aid addict who thinks the inauguration was photoshopped and Trump is still president and will be recrowned king very very soon. Course, some of those Qanon addicts are now in the Congress.

The enemy is within. And Trump has decamped to his Mar-a-Lago golf compound to receive kisses and condolences from his old pal Minority Leader McCarthy who hopes to mend fences and keep the masses restive without going full berserk. Obviously the little incident in the Capitol Building a few weeks back has receded to nothing more than an amusing anecdote for the Republicans, children acting out, no need to worry. That Hang Pence talk was just good sport. Nothing to do with the stolen election that D.J. Trump won by huge margins ….

Yesterday I was surprised to learn that the forest fires in California were actually started by Jews firing lasers from outer space. Although later I heard that no, they weren’t started by the Jews, they were actually started by Elon Musk. It’s hard to get accurate information, apparently, in this brave new world of technological marvels. Rep. Greene from upstate Georgia has suggested the best way to deal with Nancy Pelosi is to put a bullet in her head. If you thought Congress might sanction this dangerous assassination talk, you’ve been asleep the past decade or three. The days of dealing with Richard Nixons are long gone. Say hello to government by the Three Stooges. Poke em in the eye, smack em with a hammer, put a bullet in her head, it’s all good fun. The barbarians are at the gate, the lasers are aimed at Smokey the Bear, the truth is out there somewhere but I guarantee you most folks won’t find it.

I love a good holiday as much as the next yahoo … but c’mon, this Groundhog’s Day business, let’s be honest, the Chamber of Commerce out there in Pullmyleg, Pennsylvania has pulled a fast one on those of us who take meteorologic prediction seriously. Down here on the convergence zoned South End, No Way is a groundhog going to see his shadow on Feb. 2nd. Even if we had groundhogs! This thing just gives Science a bad name. And lately, the last thing it needs in these superstitious, fake news, impeachment trial, end-of-the-world times is a black eye over some mammalian hairball on the East Coast seeing its hairball shadow (or not) and then extrapolating that to El Nino or asteroid strikes on Wall Street or global warming.

Which is precisely why some of the more empirically minded boyz down at the Mabana Body Shop have been searching, in a deductive sort of methodology, an alternative Predictor of winter longevity. Hellfire, if this Covid lockdown makes every day the same as the last one and the one coming tomorrow, we figure there’s no point in fighting endless monotonous inevitability. We’ll just pull the covers up, collect unemployment and wait patiently for our vaccinations. This is how civilizations thrive: they figure out tides and seasons for planting schedules and harvest times and earlier happy hours.

The model the boyz constructed over the past decade or so is a local paradigm that utilizes a 5 gallon polyethylene bucket of fresh caught Dungeness crabs —- I KNOW you’re going to point out they’re illegal this time of season, but listen, we’re putting em back when the data is collected. Spirit of the Law, if not the Letter and that, in a clamshell is the very essence of the South End Way. —- So you got a pail of clacking claws and now you bring out a dog, any dog, any breed, random sampling, see? And you let the pooch check out the crustaceans. No shadows, no hibernating drowsy marmots. And if the crab gets a lock on Snoopy’s snout, voila, studies have shown that is a true omen of an early spring. The dog schnozz slips the noose, 6 more weeks of sleeping in. Or six more months of a spiking pandemic. Probably both.

Simple. Like Einstein says, the more elegant the theory, the higher the probability it’s correct. And the boyz down at the body shop will tell you, the accuracy here is in the 90 percentile range, statistically astounding. We’re not claiming, like those unabashed self -promoters in Pennsylvania, that this will predict spring or the end of Covid for the entire country, but for all us Left Coasters, rest assured, Feb 2nd now has science as its bedrock foundation. We’ll leave it to the South End Chamber of Commerce how they want to capitalize on it. Crab Dog Day. Nice profitable ring to it, don’t you think, kind of like a cash register. If we can keep PETA at bay….

I love this pandemic vaccine roulette, a small window into how the world works when it’s confronted with a crisis that for us old codgers is life and death. A week ago I gave up trying to navigate the distribution rumors of a clinic up the road offering inoculations or the senior center crowd sourcing its limited supply and just decided to get my name on a list of potential survivors and see if new doses would arrive at some uncertain future date. Sure, I was bothered that my neighbors and friends found where to get theirs already while I was completely shut out … and okay, I was even pissed they didn’t bother calling to offer me their inside info, maybe figure if I delayed and died they’d have a less crowded neighborhood. Or maybe, more likely, they got theirs, screw the rest. It’s a dog eat dog world out there in Virustown.

But lately I’m reading about hospitals in the area, once they got their hands on the vaccines, called up their VIP donors, in some cases those who gave more than 10 grand to the hospital foundations, and offered them first dibs on the life-saving shots. Welcome to America, I guess, in case we underlings needed a clearer view from the back of the bus folks would be happy to throw us under if it meant they got into the lifeboats of the Titanic. Pardon my mixed metaphors, but hellfire, it just appears a bit callous for our health care providers to skip the folks who are fighting in the front lines of this pandemic to reward their rich benefactors.

Okay, I know this is how it works. The rich get richer and the rest of us get crappy health care. Move along everybody, nothing to see here. You had your chance to get rich and what did you do with it? Accept your poverty and shut up, peon! The wealthy are always first in line, you know that, and if you didn’t, you been living on the South End a little too long. If nothing else, this vaccine rollout should give you a chance to see how democracy works. If you thought it worked for you, I got some nettle land to sell you. If you aren’t on a ventilator by then….