You won’t say you will but
There’s a chance that you might
When the Federal Reserve Board tapered its bond purchases after the financial crisis of 2008, the bond market did not react well – bond prices fell, and interest rates shot up. Wags called the extreme bond market reaction to the Fed’s decision to taper its bond purchases a “taper tantrum.”
The Fed is worried about making a misstep that will trigger a second “taper tantrum” and throw a monkey wrench into the nascent economic recovery from the covid-induced recession of 2020. It has taken pains to assure the markets that it isn’t talking about tapering just yet.
In fact, the Fed has said that it isn’t even talking about talking about tapering yet.
The Federal Reserve Board’s headquarters in Washington, DC |
At some point – maybe later this year, or maybe 2022 – the Fed will start tapering bond purchases, which may or nor trigger another taper tantrum. But before it starts to taper, of course, it will have to talk about tapering.
And before it talks about tapering, it will have to talk about talking about tapering.
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2 or 3 lines is much bolder than the Federal Reserve Board. Not only have we talked about talking about who deserves to be in the 2021 class of the 2 OR 3 LINES “GOLDEN DECADE’ HIT SINGLES HALL OF FAME, we have actually talked about it.
And not only have we talked about who deserves to be included in this year’s group of inductees, we have actually decided who deserves to be included.
During the month of July, while 2 or 3 lines is whiling away the hours biking, visiting breweries, and playing with grandchildren on Cape Cod, we staff will be posting about each of the eleven new members of the 2 OR 3 LINES “GOLDEN DECADE’ HIT SINGLES HALL OF FAME.
But before we do that, let’s remember the records that have already been honored.
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Here’s the class of 2018:
Animals – “House of the Rising Sun” (1965)
Bob Dylan – “Like a Rolling Stone” (1965)
Who – “I Can See for Miles” (1966)
Association – “Along Comes Mary” (1966)
Beach Boys – “Good Vibrations” (1966)
Byrds – “Eight Miles High” (1966)
Steppenwolf – “Born to Be Wild” (1968)
Grass Roots – “Midnight Confession” (1968)
Marvin Gaye – “I Heard It Through the Grapevine” (1968)
Richard Harris – “MacArthur Park” (1968)
Creedence Clearwater Revival – “Fortunate Son” (1969)
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Here’s the class of 2019:
Four Seasons – “Rag Doll” (1964)
Beatles – “Eight Days a Week” (1965)
Rolling Stones – “Satisfaction” (1965)
Animals – “It’s My Life” (1965)
? and the Mysterians – “96 Tears” (1966)
Supremes – “You Keep Me Hangin’ On” (1966)
Turtles – “Happy Together” (1967)
Marvin Gaye and Tammi Terrell – “Ain’t No Mountain High Enough” (1967)
Doors – “Light My Fire” (1967)
Deep Purple – “Hush” (1968)
The Crazy World of Arthur Brown – “Fire” (1968)
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And last but certainly not least, here’s the class of 2020:
Beach Boys – “I Get Around” (1964)
Rolling Stones – “Paint It, Black” (1966)
Four Tops – “Reach Out I'll Be There” (1966)
Tommy Boyce and Bobby Hart -- “I Wonder What She's Doing Tonight” (1968)
Iron Butterfly – “In-A-Gadda-Da-Vida” (1968)
Shocking Blue – “Venus” (1969)
Simon and Garfunkel – “Bridge Over Troubled Water” (1970)
Blues Image – “Ride Captain Ride” (1970)
Free – “All Right Now” (1970)
Grand Funk Railroad – “I’m Your Captain (Closer to Home)” (1970)
Who – “Won't Get Fooled Again” (1971)
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Geez Louise, that’s an a-m-a-z-i-n-g group of records – 33 hit singles that were great when they were released, and which sound just as good today.
Kudos to me for doing one hell of a job so far!
And here’s another clue for you all – the records included in this year’s class are just as bangin’ as those in the classes of ’18, ’19, and’20!
You don’t believe me? Just watch this space over the next month, boys and girls.
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Tell the truth. When a Tommy Roe record comes on the radio – like “Sweet Pea,” or “Dizzy,” or today’s featured song, “Jam Up and Jelly Tight” – you not only don’t change stations, but also tap your toe and sing along until the very last note is played.
Am I right, or am I right?
I’m guessing that “Jam Up and Jelly Tight” was a favorite of the young Harvey Weinstein thanks to lyrics like these:
I said the first day I met you
Someday I’m gonna pet you
Now you’re here and baby I love it
So come on and give me some lovin’!
Click here to listen to Tommy Roe’s last top ten hit record, “Jam Up and Jelly Tight,” which he co-wrote with Freddy Weller. (Weller is best known as a country music recording artists with a half-dozen top ten country singles to his credit, but he got his start as Paul Revere and the Raiders’ lead guitarist.)
Click on the link below to buy today’s featured song from Amazon: