THE ECONOMY – DEAR MR. BUSH
Posted by Gilmour Poincaree on December 3, 2008
December 3, 2008
Posted by Dr. Zen
PUBLISHED BY ‘Dr. ZEN – WordPress’
I’m glad you finally got the memo on the state of the economy. With the slow speed of communications 
these days, I am totally relieved that the memo finally got to your office. This gives me great confidence that terrorists have not disrupted communications. I know the news about the economy is not exactly what you wanted to hear, but I am glad to hear that you are genuinely concerned.
There are a few things that I do not understand about economics. Since you are the leader of our country, I’m sure you can explain them in terms that I can understand. I’m sure you can set the story straight for me.
The first question I have is about borrowing money. If I borrow money, do I have to pay it back? It seems that paying back borrowed money is optional these days, but I may be confused. A long time ago I heard they used to put people in jail for not paying back money that they borrowed. Is that true? Or perhaps it is just a rumor. I went into my bank and asked for one of those loans that I don’t have to pay back. They said they could not help me. Help me out here, tell me which banks are offering those loans that do not have to be paid back.
I understand that banks loan money to people so they can buy houses. If the people don’t pay the bank every month, the bank comes and kicks them out and sells the house to someone else. That seems pretty simple. It seems that banks are kind of stupid because they are really good at giving out money, but not very good at getting it back. I could be a little naive, but maybe banks should hire smarter people to manage all that money. I think maybe the bankers should be collecting something a little easier instead, like trash, since they are not very good at collecting money. Do you agree?
Oh, one other thing about about getting money back after it is loaned. The Mafia doesn’t seem to have a problem with getting people to pay back money they borrowed. These are men whose word is as good as gold. They are down to Earth good business men. I bet if you turned the mortgage crisis over to these men, there would be no more crisis.
Another thing that is confusing to me is why the leaders of big corporations make 15 million dollars a year when their company is losing money. I am no corporate genius, but something may just be wrong here. Since they make so much money, maybe they can kick in a few bucks to avert the financial crisis that you talk about. Or maybe the answer is even simpler – the executives get paid too much, especially since the company they run can’t seem to make any money. Seems like these Ivy League business men aren’t soo smart after all.
I am not too familiar with the car industry. I do, however, get an automobile magazine in my office. There was an article in there that said the Ford Model T got 25 miles per gallon. I am no expert, but it seems that, over the years, with all this new technology, fuel economy should be a little bit better by now. By the way, did you watch Saturday Night Live on November 30th? They did a skit on the auto bailout. In the skit, they showed how the big three U.S. auto manufacturers were going to ask for even more than 25 billion dollars. Well, I guess it really wasn’t a skit after all. Or … maybe the auto executives watched Saturday Night Live, got the ball and ran with it. They also did a skit on Sarah Palin running for President in 2012. The people at Saturday Night Live seem to know more than you might think.
Thank you very much in advance for your enlightenment on these issues. I look forward to your responses.
