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

Robert Higgs is Retired Senior Fellow in Political Economy at the Independent Institute, author or editor of over fourteen Independent books, and Founding Editor of Independent’s quarterly journal The Independent Review.
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