Wednesday, March 25, 2009

SUMMERS TIME AND THE GIVING AINT EASY


We hear the phrase constantly being used in sports (the quintessential version being) that’s Manny being Manny”. Sometimes this is used as an excuse, a disclaimer, or an explanation. I think that what economic adviser Larry Summer has been trying to say to the country regarding the recession is that when we bail out the banks what we have to ensure is that “banks just be banks”. That means that we should give them a portion of the bailout money, and not give them more until we see that money has been lent. The giving aint easy, but banks still have to be banks.

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Posted by Unknown at Wednesday, March 25, 2009

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1 comment:

Liane said...

The comic is heartbreakingly entertaining. Whatever there is to the bailout plan, the common citizens will be the last to feel it's good effects (if there is). I hope the CEO's will do extra effort in taking care of the government money...

March 30, 2009 at 3:43 AM

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