Remember when we were going away to school, or leaving home for the first time, or going out on our own? When we ran out of dough, whom did we call? Mommy and daddy, mom and pop.
As we grow up and acquire a pasted on smile or an unknown number of residences or commute the beltway, whom do we call when we need some extra bucks? Daddy. Big Daddy. The Government Daddy, of course.
That’s what big government is all about; that’s what they are there for; to bail us out. Right?
Wrong!!!
So now we have a bevy of financial institutions (institutions???) who went under or are going under or are about to go under. Whom should post their bail?
Now, I realize I don’t have the indelible smile of Pelosi or the multi-residences of McCain. I realize I’m just a plain old grumpy fahrt who never had a career in the public eye. But I got a brainstorm…
Google’s got a stash of cash. Let them do the bail-outing. How about Larry Ellison, the Berkshire-Hathaway guy (he already owns Geico), Gates and his institutions. Matter of fact, how about going down the Forbes billionaire list one by one and making them an offer they can’t refuse. Even before you hit the bottom of the list you’ve garnered enough $$$ to bail out everybody on Wall Street and the corner of First and Second Avenues.
What’s the reward? Well, the rich always want more so give ‘em a tax break or let them own a piece of the company or promise not to smash their knee caps or let the fluid out of their brakes.
It’s simple. There’s so much cash floating around in the Fortune-500 and the Forbes-500 and the S&P-500 that we don’t even need to get the U. S. Government and Fort Knox involved.
Tags: depression, economic crisis, financial crisis, government bailout, mortgage crisis, private sector, recession
