Let's See If We Can Get The Rest

Picture an evening drinking session a couple of months ago, four or five top Bushies around a table.

"Hey, I've got an idea."

"What is it?"

"Oh, you're going to like this one."

"So OK, what is it?"

"Let's see if we can get the rest."

"What?"

"The rest. Let's get the rest of it before we go."

"Really? The rest? We already have about $4 trillion stashed. Why bother."

"Because it would be cool. Then we can say we got it all. No one has done that before. We've still got a few months. What the heck, let's give it a try."

"Huh. How much is left?"

Calculator noises. ... "I figure we could borrow another $700 billion if we do it right."

"What? That's all that's left?"

"Yeah. We were pretty thorough."

"Wow. That's it? Pretty cool."

"So OK. OK. I like it. Let's go with this. What's the cover story? What do we say?"

...Silence. Fingers drumming on the table.

"Hey, I have an idea. Let's tell them we really, really screwed up the economy. They'll buy that for sure. And we need $700 billion immediately to fix it."

"Why do we need $700 billion to fix it?"

... "uh. No, never mind."

... "How about ... no, that won't work."

"Wait. Look, if we're going to go for it, let's do it right. We tell them that WE JUST DO! Tell them to just shut up and give it to us. We need $700 billion, and we need it in 48 hours, and no one is allowed to know what we're going to do with it and no court can review it or anything. In fact, we could throw in something about it being "non-reviewable by any court or any agency."

"Wow. That's harsh. But you know, that might actually work. A lot of our guys love that kind of stuff."

"Yeah, they'll eat that up. The more we make them look like absolute woosies, the more they like to give us."

"Hey, this is cooking. Heck I was wondering what I was going to do with myself until January. This will really put us in the history books for sure. ... Wow. ... The rest. All of it. We could actually get all of it. They'll be writing about that for a thousand years. No one will ever top this.

Follow Dave Johnson on Twitter: www.twitter.com/dcjohnson

Comments

[RichardThomas]

We need a revolution yet we are powerless divided.

Most of the world doesn't know about the 65 Trillion Dollar Credit Swap Defaults still looming. It dwarfs the mortgage crises and it all has more to do with a Fiat Currency Bubble Burst.

The info is on http://www.coinage.me/default.htm

Where the flaws are articulated in detail unlike anything you see on the news, such that you can understand them and so the workings are not obfuscated with complexity. A detail solution is provided to fix the foundation, which everyone else speaking about the problem seems to lack.

Many people only see the appearances they do not see the fundamental flaw in the system itself. The bailout should go directly to the homeowners or to stimulate the economy so they can pay their mortgages.

http://storyline.me/default.htm “reports Congress being blackmailed, wealth extorted from citizens”

[avraamjack]

.
.7 trillion is an excellent price for the public repudiation of 30 years of Republican Orthodoxy.
.
It will be 50 years before anybody can say "deregulation" with a straight face.
.
Trade Policy, Industrial Policy, Medical Policy and Cultural Policy will all be far easier to justify.
.

[LHoney]

I think you are right on here. I have asked from the beginning, Why are we discussing HOW to do this rather than WHETHER to do it??? Congress is so used to spending other people's money with total abandon, they aren't even questioning this, even tho it is coming from the people who gave us WMD's and The Patriot Act! It is just horrifying....

[LHoney]

Too late, it's already done...............

[PATina]

I think you are on point. I'll say it again.... THEY ARE HOLDING US HOSTABE !!!! Say NO to these terrorirsts !!!!!!!

[FogCityJohn]

Hate to say it, but once again Dave Johnson is spot on with his criticism. This whole bailout business is nothing but a huge giveaway. Socialism for the rich and free market social Darwinism for the poor.