Ert ([info]ert) wrote,
@ 2009-03-12 15:47:00
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Current mood: amused
Current music:"Comfortably Numb" by Scissor Sisters
Entry tags:economics, tv

Skin of Evil
The U.S. government continues to wrestle with the idea of setting up a "Bad Bank" -- a place to put all the evil "toxic" crap that banks have amassed over the last few years, thereby leaving what remains of the titans of the financial sector clean, unsullied, and ready to do business. Sweet, sweet business.

Haven't we seen this before, however? Sure, there was the Swedish bank rescue in the 1990s, but I feel somewhere earlier I heard about a race of titans collecting all of their evil into a single entity for easy disposal. Anyone remember how it turned out?



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[info]beah
2009-03-12 08:20 pm UTC (link)
Did you just see that episode of TNG on TV? It totally made me cry!

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[info]ert
2009-03-13 02:53 pm UTC (link)
I was actually listening to Planey Money and thought of it. Hadn't seen the episode in years!

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maybe there are second acts in american life
[info]wolftone
2009-03-12 09:48 pm UTC (link)
If the past is a guide, it means that Sheila Bair will get engulfed by CitiLehman of America, but will come back in the next administration as a romulan.

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Re: maybe there are second acts in american life
[info]tempter
2009-03-12 10:41 pm UTC (link)
If setting up an Evil Bank means we get Romulans, I'm all for it.

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Re: maybe there are second acts in american life
[info]ert
2009-03-12 11:07 pm UTC (link)
Of course, it'll be in an alternate America, ruled by John McCain.

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[info]thoroughbass
2009-03-13 02:51 am UTC (link)
[info]slackalope & I were at The Breakfast Club in Allston when we saw a news report on Zombie Banks. Capital gaaaains!!!

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[info]skibbley
2009-03-13 11:16 am UTC (link)
See also Ursula K LeGuin's "The Ones Who Walk Away from Omelas"

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[info]ert
2009-03-13 02:16 pm UTC (link)
Ooh! I never knew that philosophical thought experiment had become (...or come from?) a well-known story!

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