It’s show and tell; what did you do over the weekend? I sat on my butt drinking Busch beer and watching football. How about you, Hank? For those of you not in the know, that’s what we insiders call Henry Paulson, U.S. Secretary of the Treasury.
Hank’s been redefining the work week. It seems that Wall Street’s bankers’ hours and Washington’s nine to five doesn’t suit Hank. He’s changed his hours to Friday night’s after five till Sunday at sundown.
While those of us being anesthetized by booze and circus scream our lungs out as three hundred pound men kick the crap out of each other, Hank and his team have been mighty busy. Frankly, I admire the man. He’s done more to prop up the George Bush/John McCain economy and to paper over their ignorance of finance than either of them deserve.
So as the sun sets each Friday, Hank’s team overdoses on no-doze and gets to work on this week’s bail out candidates. Bear Sterns, Freddie, Fannie and on and on. Last week’s prime candidate didn’t make the cut, so Lehman Brothers officers had to throw in the sponge. I’m no expert, but the media – the elite media – gave Hank a passing grade on that one.
Hank’s been doing a heck of a job – maybe the Bush/McCain folks should have reserved the accolade for Hank instead of Brownie down there on Bourbon Street – that he almost got the administration through its third term election before the crap hit the fan, but it was not to be.
It’s very clear even to us cheap beer types that we’ve got some serious financial problems. Holy cow, that Bush McCain tax I railed about last week jumped another pole volt high and my house and 401K took some really solid thumping. You’re doing a heck of job, George and John.
I know that those folks in the battle ground states of Ohio, Michigan, Pennsylvania and lots of others are kind of concerned about their jobs. Well you can take comfort in that John McCain’s on that one. By the way, Hewlett-Packard is going to lay off another twenty-five thousand folks. Thank goodness, Carly Fiorina the former CEO of HP is helping John McCain with economic advice.
And, of course, Phil Gramm, McCain’s former colleague in the Senate, now a lobbyist for financial clients, and the principal economic guru of the McCain campaign say that the economy isn’t bad; it’s just that we’re a nation of whiners.
Well my fellow beer swillers committed to vote for a third term for Bush/McCain can take heart in that even though John admits he’s not real swift on the economy, he’s got great advisors. And John’s pronounced the economy to be sound.
You’re b.s.n’ me! You’ve got be for Obama
Tuesday, September 16, 2008
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