Moreover, watching respected leaders of Congress scratching their head in wonderment as this man intentionally talks over their head is, in my eyes, a flat-out embarrassment for America.

Greenspeak, or any communication that is intended to obfuscate, does not impress me in the least. When the man was in his sixties, his Greenspeak was considered an act of brilliance.

Many years ago, I worked with a man who, as he spoke, dropped the last several words of every sentence. One's natural inclination was to think him to be a creature of greater intelligence. Later, I decided the whole thing was an act.

I think the same of Greenspeak.

As he turns 80 on March 6, I wonder why the TV viewers of the CNBC show Squawkbox are continuously shown a file video of younger Alan Greenspan running across a street in Washington with carrying case in hand on his way to a FED meeting. It kind of reminds me of the newspaper photos of my friends who have been promoted to high places, but the photo looks like it came from their college days.

I mean, if the media is going to pretend, for some reason, why not show Greenspan with saxophone in hand and some hair on the top of his head, sometime back in the 50s?

Given that Alan does not want anybody to understand him anyway, there ought to be a requirement that he perform like any other CEO/Chairman who is now technically responsible for the information he generates? Simply let us read the facts, where we interpret them, and merely look to the Fed chairman as a guarantor of the accuracy of this data.

Do we need the attendant dialog?

Trying to understand the man really plays into the game of the bulls and bears who merely spin his words anyway.

Then you have the public looking for love in all the wrong places.

This morning, despite all the hype from the financial media, and the rented clowns they parade to their TV audiences, there is a "soft" opening for U.S. equities.

One of these days there will be a "hard" landing, because too few people are paying attention to the real problems in America. Maybe tomorrow?

After all, today Greenspan might actually tell it like it is (heaven forbid).

And tomorrow, traders just might listen to the U.S. Treasury report on the budget deficit for May, which is expected by economists to be minus $55 billion (yes, for May), to be released at 2:00pm, following the U.S. International Trade deficit for May, to be released at 8:30am, expected to be minus $58 billion (yes, for May).

This morning, I have already been driving for two hours on a crowded highway. You'll note the frame of mind I'm in.

Just after lunch I have to travel again, and will not return to the city until Friday evening late. So, unless, I can blog on the road, I'll be back with the Week #23 in Review on Saturday afternoon.