Bright Future in Sales - Fountains of Wayne (mp3)
If CitiGroup is "too big to fail," then why the hell is it failing? If Detroit's carmakers aren't "too big to fail," why does it feel like losing those companies would be pretty darn catastrophic? More importantly, why are we allowing companies to get so large that they can be declared "too big to fail"? Isn't this a problem we should chew on going forward?
To me, a mere serf who couldn't even manage his Columbia House membership, I honestly don't get it. To me, it seems like our government is picking -- somewhat arbitrarily -- which companies are really important, which ones are only kinda important, and which ones are "too big to fail." Am I s'posed to just trust them that they know what the hell they're doing? Like I trusted 'em that there were WMDs? (OK, so I didn't trust 'em then, either.)
If people get pissed off that our government creates an entitlement mentality in the hearts and minds of the extremely poor by giving them a teensy pittance of cash and food stamps, what are we telling corporations by handing them the equivalent of a bajillion welfare checks?
Hey, I've got a plan! Why not kill two birds with one stone? The government can buy up a whole bunch of houses (thus helping the housing market) at reduced cost and place homeless welfare recipients in them for a year. [Yes, this is mere random conjecture, but it's no more idiotic-seeming that trusting the greedy Wall Street bastards who captained these Titanics to make the right decisions going forward.]
- That I'm too poor to be all that terribly affected by this collective stupidity... so far, anyway.
- That all I've lost so far is half of my retirement.
- That I never promised anyone a rose garden, or even much of a weed garden.
- That I can criticize and mock our elected leaders no matter which decisions they make, because either way we're probably screwed for a while as a nation.
- That even if Obama does a lot of stupid things, he'll seriously deliberate them first, try his hardest to ingest the opinions of the highly-educated experts around him, and sound intelligent about it when he explains it all to the American public. (And he'll probably say the phrase "Now look..." about a million times in four years.)
The Stereophonics song is off their least-impressive album of all time, Just Enough Education to Perform. The Fountains of Wayne song is from Welcome Interstate Managers, their best album. Both can be purchased on iTunes and Amazon.com's mp3 site.