"Art"

The Daily Reckoning continues to tie it all together, people with too much money doing silly things with it:

"Of course, Blackstone couldn't do this unless there were plenty of people
with plenty of money to throw around on this sort of stuff. We have not
only more evidence of that in today's news...we also have an explanation.

For the evidence, we have a report from last week's art sales - that hit
new records of absurdity. Can you imagine paying $70 million for one of
Andy Warhol's slick inventions? Well, someone did. And others spent
millions more on other works of art. How did they know they were valuable
works of art...and not just silly pieces of pop trash? Ah...ah...ah...how
did they know these objects had VALUE...and not merely prices?
Ah...ah...ah..."