Fast Money

I'm still laughing over the stock show on CNBC. Ex-hedge fund manager Jim Cramer started this trend of screaming and acting out on his "Mad Money" show. But, truth-be-known, the Kahuna and Brain were spewing witty stock talk on early morning Squawk Box years ago before it became so fashionable. But, I've got to hand it to these guys on "Fast Money." They're pretty witty. I don't know what was funnier... their repetitious growling about hanging at the buffet with "the old man" (which is only funny if you know they mean Warren Buffet, the famous Oracle of Omaha) or their talk of fall TV trades. What made this funny was the talk of manna falling from heaven and helicopters thanks to the upcoming political ads. TV networks and cable TV will be the ultimate beneficiary of the 2008 Presidential election when, as they say, "multi" millions will be spent by the top candidates. That's sick (as in bad, not impressive.)

OK, so I'm alternating between laughing and shaking my head. "Money, money, money" -- it is so pathetic, really. This sub-prime loan mess doesn't surprise me. I never could understand how or why banks were willing to make such huge, extravagant home loans to people who could barely make these payments. Now we know -- they couldn't make them and foreclosures are at all time highs. It's just one more crisis. The ridiculous, inexplicable war. Global warming generating bizarre weather, and 2012 is looming (the end of the Mayan and Hopi calendars.) I should just go back to gambling. Roll the dice, cut the cards -- it's all fast money, and who knows how long we have to spend it.