Good Money After Bad, Redux

The news reported that the automaker CEOs will return to testify again this week

The President-elect will “pay close attention” to what the CEOs say. Barney Rubble plans to beat them up again no matter what the Congressman said on 60 Minutes. The Toyota Republicans say we ought not let Congress mess with a free market economy.

There is a timeworn and well known joke:

An older and particularly odious man approached a beautiful woman. “Would you sleep with me for 700 billion dollars?” he asked.

“Oh, I have to think about that. Yes!” she said.

“Would you sleep with me for one dollar?” he asked.

“Never! What do you think I am?”

“Madam, we have already established that. Now we are simply negotiating the price.”

We ought not let Congress mess with a free market economy??? Sorry, folks, that horse has long since left the barn.

3 thoughts on “Good Money After Bad, Redux

  1. Rumor says that Toyota et al, succeed because the Japanese govt subsidizes them. I don’t know if the Japanese housing market is also subsidized–but I suspect so.

    The American print media is on the ropes, and companies that make and ship compact discs for the music industry are laying people off because of “I-Tunes”. Everything is going to hell in a Hefty bag; so, we need to be more like the Japs and prop everything up with taxpayer contributions, don’t we?

    But waitaminnit! If Congress uses my tax dollars (and it will) to bail out the car business, wot’s innit for me? Same as when they bailed out the mortgage people: Nothing–unless you are a stockholder.

    Choke. This is not the same as a weekend sex party where the more people who get screwed, the better.

  2. Dick wrote: “There is a timeworn and well known joke:”

    Funny joke, but here’s another one.

    A Chinese guy named Wong went to the maternity ward to see his new son, and his Chinese wife proudly showed him the blond-haired, fair-skinned boy.

    Wong immediately told her he wanted a divorce.

    “Why?” She asked.

    “Because two Wongs don’t make a white.”

    Bailing out the mortgage business was *wong*. Doing it again for these clowns won’t make it *white*.

    –GR

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