On the “Bailout”

Extraordinary times.  Looks like the bailout is becoming a political issue in unpredicted ways:

Dean Baker, suggests some progressive principles that ought to be written into any bailout package.

Robert Reich’s advice for members of Congress:  you might not have a choice, but you can set some terms.

William Kristol’s advice to McCain:  take the risk and oppose the bailout base on “populist” rage, because it looks like Obama will support so as not to be seen as wrecking the financial system. (Krugman sees the same scenario coming).

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3 Responses to On the “Bailout”

    • shari says:

      Tried of the bankers having all the fun.

      Bailout! The Game the hilarious parody of the government bailout where when you lose, you win. In this role reversal of the classic board game debt is king.

      Bailout! The Game gives you an endless supply of T.A.R.P funds, laughs and fun.

      Be the bank, lose billions and get a bailout.

      Play as one of six banks: Bankruptcy O’ America, Worth Farless, No Cashvia, Liquidation Brothers, Greedy Investors of America, or Washed Up Mutual.

      Land on or pass over Frantic May and Frivolous Mac spaces and get slammed with bad debt.(MBS’s and CDO’s)

      Just as Monopoly was born out of the Great Depression, Bailout! The Game was born out The Great Recession.

      The creators a homeschool mom and an architect, Jordy and Shari Sopourn of Coral Springs, FL. The concept of the game was born while trying to teach the concept of T.A.R.P to their children. What developed was a fantastic fun filled award winning board game that spoofs the governmental bailout. Winner of the Mr. Dad Seal of Approval. http://www.mrdad.com

      Liberty Street Games


  1. Tim Lacy says:

    The most fascinating thing about the bailouts is that it’s getting people to realize that nationalizing a company is ~not~ the same as communism—that it’s sometimes a positive. That’s good government at work. …Talk about your small steps in vocabulary. – TL

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