RADIO ANNOUNCER:

The Federal Reserve announced on Tuesday that it will initiate a program to purchase the direct obligations of housing-related government-sponsored enterprises (GSEs)–Fannie Mae, Freddie Mac, and the Federal Home Loan Banks–and mortgage-backed securities (MBS) backed by Fannie Mae, Freddie Mac, and Ginnie Mae…

Further information regarding the operational details of this program will be provided after consultation with market participants.

INFLIGHT INTERCOM:

The helicopter is now aloft.

This is your pilot, Gentle Ben speaking.

Your co-pilot’s name is Henry, but he will be leaving us while we are airborne.

He will somehow be replaced by Tim, if I can just figure out how to get Tim in here without crashing into that darn Citicorp Tower stick up right in front of me…

We’ll be making a sharp turn to the left.

Please securely fasten your seatbelts & hold onto your seats. After we have reached a safe altitude, I’ll put this thing on autopilot and see if you’d like to join me in a drink or two…

- – - – - – - – - – - 

I used to work with numbers for a living, but now I’m just watching out for erratic & low flying aircraft as I look for a job or at least my next idea.  Till next time.