Friday, April 10, 2009
With the "big bank bail-out" the government was doing one of two things: it was deliberately using our future money to reward the ones that clobbered us OR it screwed up. The government either wanted that money to be passed up to the bankers as reward for their conduct OR the government wanted the money to be passed down to ordinary business people. The Doser is not trying to salvage respect for the government. He's just trying to find a way to work with it. The Doser says we need to adopt the "government screwed up" theory and move on.