A Bad First Draft

Seven Simple Reasons To Oppose The Bailout

I'm on board with at least six of these.

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5 Responses to A Bad First Draft

  1. Joe says:

    Hyman Rickover had a saying: “You get what you inspect.” That partially explains why the US Navy has had very few nuclear accidents, at least, fewer than the Russian navy. (The Thresher reactor did not explode, but the hull imploded). This bailout bill without oversight will be truly disastrous.

  2. black or white cat says:

    The last act of a corrupt and crumbling régime is always the looting of the public treasury.

  3. Clemente Vivanco says:

    Professor…what to do then???…..a total collapse of the financial system is…tragic…. to say the least.

  4. 419 says:

    Dear American:

    I need to ask you to support an urgent secret business relationship with a transfer of funds of great magnitude.

    I am Ministry of the Treasury of the Republic of America. My country has had crisis that has caused the need for large transfer of funds of 800 billion dollars US. If you would assist me in this transfer, it would be most profitable to you.

    I am working with Mr. Phil Gram, lobbyist for UBS, who will be my replacement as Ministry of the Treasury in January. As a Senator, you may know him as the leader of the American banking deregulation movement in the 1990s. This transactin is 100% safe.

    This is a matter of great urgency. We need a blank check. We need the funds as quickly as possible. We cannot directly transfer these funds in the names of our close friends because we are constantly under surveillance. My family lawyer advised me that I should look for a reliable and trustworthy person who will act as a next of kin so the funds can be transferred.

    Please reply with all of your bank account, IRA and college fund account numbers and those of your children and grandchildren to wallstreetbailout@treasury.gov so that we may transfer your commission for this transaction. After I receive that information, I will respond with detailed information about safeguards that will be used to protect the funds.

    Yours Faithfully,
    Minister of Treasury Paulson


    (Via digby.)

  5. pete says:

    Seems all make the same mistake.

    Might laugh at it but really all have same things in common.
    No one is born superb.

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