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Let's try to put in simple terms the Obama plan for getting us out of this mess: The government will provide financing to private investors who are willing to buy the toxic assets from the various banks. In other words, we are being told that they have decided to turn the US economy into the largest Ponzi scheme in human history (the mama Ponzi so to speak). I agree that these are desperate times requiring desperate measures. But why stop there? I suggest we call the real expert to lead this effort. Let's give Bernie a literal bailout and make him the next Treasury Secretary. He is, after all, the only one who has proven he knows how to run this thing.
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Monday, March 23, 2009
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1 comment:
It's a classic clean up. Move the dirt in one corner and hope everything else remains clean.
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