We need a new bubble
By: Housing Wire staff
July 16, 2008
Sometimes fiction mirrors reality — read this at the Onion and tell us there wasn’t a part of you that said “absolutely.”
An excerpt:
A panel of top business leaders testified before Congress about the worsening recession Monday, demanding the government provide Americans with a new irresponsible and largely illusory economic bubble in which to invest.
“What America needs right now is not more talk and long-term strategy, but a concrete way to create more imaginary wealth in the very immediate future,” said Thomas Jenkins, CFO of the Boston-area Jenkins Financial Group, a bubble-based investment firm. “We are in a crisis, and that crisis demands an unviable short-term solution.”
Remember: we tend to laugh most at those things that have an element of truth in them.
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