Dear American:
I need to ask you to support an urgent secret business relationship with a transfer of funds of great magnitude.
I am Ministry of the Treasury of the Republic of America. My country has had crisis that has caused the need for large transfer of funds of 800 billion dollars US. If you would assist me in this transfer, it would be most profitable to you.
I am working with Mr. Phil Gram, lobbyist for UBS, who will be my replacement as Ministry of the Treasury in January. As a Senator, you may know him as the leader of the American banking deregulation movement in the 1990s. This transactin is 100% safe.
This is a matter of great urgency. We need a blank check. We need the funds as quickly as possible. We cannot directly transfer these funds in the names of our close friends because we are constantly under surveillance. My family lawyer advised me that I should look for a reliable and trustworthy person who will act as a next of kin so the funds can be transferred.
Please reply with all of your bank account, IRA and college fund account numbers and those of your children and grandchildren to wallstreetbailout@treasury.gov so that we may transfer your commission for this transaction. After I receive that information, I will respond with detailed information about safeguards that will be used to protect the funds.
Yours Faithfully Minister of Treasury Paulson
5 comments:
You know Jim.... Our system of government diliberatly works slowly.... Sometimes too slow, sometimes slow enough to accomplish nothing. This is one instance where I believe "slow and steady" will win the race. What ever legislation the executive and legislative branches put in place will affect us and our children like nothing else has in our nations proud history. Lets hope and pray that they take their time, think, and plan it all out.
I find the whole situation dispicable. I do not agree with the Bail Out. However I also do not see another way out right now. But giving UNchecked power to any one individual will certainly compound the problem and lead us further towards total financial disaster. This needs to be a done by a group of people (with no outside financial interests in any company or corportation under this proposal... AKA Private citizens not politicians), who can check and balance each other out.
Furthermore.... Your Statement of "most incompetent, dishonest, greedy and manipulative government in the history of USA" is right on the mark. From the President to the Lowest Memeber of the House of Representatives.... From Our Own State Govenor to our elected State Representatives. They are ALL BUMS that need the BOOT!
David, I can't agree with just swinging a broad brush and blaming everyone. There are specific culprits in this disaster, and they are the free market deregulators who decided that we could trust the markets for everything. That despite 100+ years of history through 1929 showing that unregulated free markets swing wildly. That despite the S&L debacle of the 80's, which brought us the Keating 5 (starring J McCain, R-AZ) and Neal Bush as conspirators. That despite the ENRON collapse triggered by deregulation of the energy sector. Nope, the blame for this falls squarely on the Ultra-conservative right wing of the Republican party--Still starring J. McCain R-AZ-proving, as he said, that he knows nothing about economics.
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