Friday, January 14, 2011

Bill Gross Elaborates On His “US Policy Makers Are Praying Mantises Having Sex With Us And Then Biting Our Heads Off” Metaphor « Dealbreaker: A Wall Street Tabloid – Business News Headlines and Financial Gossip

Interesting Quote from Bill Gross. I see the humor in it but I am surprised that Gross has had enough of the current policies. Pimco seemed to be benefiting from some of the over zealous spending. You can follow the link and read the full story. Bill Gross Elaborates On His “US Policy Makers Are Praying Mantises Having Sex With Us And Then Biting Our Heads Off” Metaphor « Dealbreaker: A Wall Street Tabloid – Business News Headlines and Financial Gossip: "I used the praying mantis metaphor in my recent investment outlook pointing out that there are consequences for mindless political thrusting and Washington spending policies.We as Americans eventually lose our heads the way a male mantis does in the process of reproduction. Americans’ answer to a bulging deficit seems always to be manana. Debt commission recommendations" He does make a good point.

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