Oh No, Mr. Bill

Oh No, Mr. Bill.
Not another new word.


Illiquid….Illiquid?….Huh?…Sick liquid? Don’t you just love these Orwellian attempts to put a happy-face on really bad things? You know, really bad things like massive bad debts that stand no chance of being satisfied. The word “Illiquid” is trying to put a positive spin on a situation that greed cooked-up with such a complicated and esoteric Ponzi scheme that it defies the normal meaning of words to explain. The shameless and faceless charlatans who conjured up this new word for public consumption, created the word to subliminally suggest a connection with a normal business type of situation where frozen or untouchable assets cannot be used to service cash flow needs. That normal situation is called a liquidity problem and even us everyday people find ourselves in this situation when we need cash but our money is tied up, for example, in a CD that cannot be redeemed until a future maturity date. A trip behind the tool shed would be a good first step for those trying to describe a Ponzi scheme that has collapsed with a word that suggests a normal business situation. Why would anyone create this word unless they were purposely trying to deceive and confuse? Because they are purposely trying to deceive and confuse so that they can engineer an even more brazen attempt to pickpocket the hapless public in order to save their ill-gotten bacon. I hope this new word does not become part of our new age lexicon like “downsizing”, “outsourcing”, “delayering”, “smartsizing” and other such horrible words have become because these words, in reality, are always a harbinger for more bad times for ordinary people.