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September 21, 2008

Upside To The Bailout

With all the gloom and doom about giving Hank Paulson $700 billion to hand out to his friends, with no oversight of any kind, it's easy to miss the upside to the bailout.

For instance:

1. An early proposal that would have allowed Wall Street executives to literally eat 100 million Americans has been discarded as "politically unfeasible."

—Jonathan Schwarz

Posted at September 21, 2008 01:46 PM

They'd probably set up competitive eating and try to securitize it, but you can only take this meme so far....well, maybe not.

Posted by: bobbyp at September 21, 2008 02:50 PM

If Jonathan Swift's "A Modest Proposal: For Preventing the Children of Poor People in Ireland from Being a Burden to Their Parents or Country, and for Making Them Beneficial to the Public" was good enough for predatory 18th-century English landlords and speculators, then by Sarah Palin's God it's plenty good enough for us today!

Posted by: Steve in Los Angeles at September 21, 2008 02:54 PM

I don't understand. What's politically unfeasible about it?

Posted by: Donald Johnson at September 21, 2008 05:35 PM

If you are what you eat, then the existing proposal - which takes food from the mouths of the rest of us - pretty much amounts to the same thing.

It appears that the beauty of politics is that there's always a way!

Posted by: Aaron Datesman at September 21, 2008 05:42 PM

Oh man, paınfully unfunny. Now Hufu was hılarıous, and ıt entırely lacked the douchey smugness that characterızes the so-called humour on thıs sıte. I tell you what, Jon, come to Moscow and I'll pay you 500 roubles to lıck the toılets at the Kıevsky traın statıon. Now that would be funny : ) Oh, and I'll gıve your even douchıer buddy Bernard a 1000 rur.

Posted by: xyz at September 23, 2008 07:20 AM

NO, not one red cent!! Their money is worthless.

Posted by: Mike Meyer at September 23, 2008 11:39 AM