Tag: market craxh

A Letter To The Secretary Of The Treasury

cross posted from The Dream Antilles

Dear Sir:

This evening while I was reading the proposed “bailout bill,” I realized that there was a terrible omission in the document.  Specifically, you forgot to try to collect any funds for the bail out from the very people responsible for the mess.  I’m not talking about the firms they’ve looted.  I’m talking about the people who have taken money from the firms and made those funds their personal property.  And, I see, you are going to require me and my family, who didn’t participate at all in the financial feeding frenzy that led to the crash depression problem, to pick up the tab.  And that the tab is a whopper.