Saturday, August 6, 2011

TARP

& the ensuing "economic recovery package"

for all the expenditure of a bill no one read until after ratification

we could have written an $80,000 check to every taxpayer

(instead of puerto rican rum makers and indian bow and arrow providers)

1/3 would have "banked" it

thus capitalizing the financial industry

another 3rd would have banked 1/2 and spent
thus helping both the institution and the economy

the other 1/3 would have just spent

PS: win, win, win

but don't ask me

(with a grin on my chin-i'm certain to win) ((peter gabriel))


i'm no economist

mr. krugman

1 comment:

  1. 3 thirds leaves 1%

    they could have chosen to prevent foreclosure...

    ReplyDelete