by Karl Denninger
Market-Ticker.org
Sssssammmmmmash!
Your car hits black ice, you go off the road, hit a tree and a piece of debris slashes open an artery. You’re bleeding to death and you can’t get at the damage as your arms are trapped.
The EMT dude comes running up to your car. You’re saved, so you think.
“Oh, that looks bad. Hang on a second.”
…… {rumage-rumage in the crash box}
“Well sir, I have good news and bad news. The good news is that I have a belt and there’s a stick over here, with which I can make a tourniquet. The bad news is that I do not have my FDA and NIH-approved, double-blind study-affirmed $5,000 tourniquet in my crash box; we used it last week on another poor bastard who had a car wreck and the replacement hasn’t come in yet.