The Bailout

That’s very nice Dave.    

Now, this may require a stretch of the imagination but only for those that can still think.  

McKiernan presents (for the functionally brain dead) a new musical screenplay called the “Bailout”.

  Subtitle: “a trillion here, a trillion there, first you know, you may be talking about real money”  

h/t Everett Dirksen      

Tentative casting includes:    

Kermit the Frog — Wall Street  

Gonzo — Barack Obama  

Scooter’s Uncle JB — George Dubya  

The Chef — John McCain  

Scooter — Secretary of Treasury Hank Paulson  

The Two Grampas — Senate and Congress  

With Judy Collins — starring Sarah Palin    

Roll It:  

The Bailout          

Economists Raise Concerns About Bailout Plan  

Jonathan Berk, an award-winning finance professor at Stanford University and a strong opponent of the bailout plan, expressed the concerns of many:  

“I have never been so frustrated, I have never wanted to speak out publicly before on these political issues, but politicians don’t know what they are doing, they know nothing about these issues.”

… Take the statements from three of the economists. John Cochrane, a professor at the University of Chicago Business School, worried that the solution was out of all proportion to the problem.

… The legislation is like this: some boats are sinking, so rather than bailing those boats out, you blow up the dam and drain the whole lake.