Our Present Situation: Eight Haiku

Cherry blossoms in

Washington bathe frightful deeds

in springtime beauty.

—

Firms too big to fail

savor scent of roses from

Treasury’s garden.

—

No systemic risk

too dark a cloud for Congress

to make darker still.

—

Government jobs cause

illusion of revival –

mirage in desert.

—

Big banks take their ease

in fields of new-sown clover.

Fine friends ease worries.

—

Dear Leader’s voice like

thunder in hot afternoon.

Storm comes very soon.

—

Bernanke stays calm.

He has proper “tools” to curb

deluge we now dread.

—

River flows smoothly

toward renewed opulence;

then the cataract