Perception is Everything

March

Congress enabled the ability of TARP recipients to take our money without strings attached, and now they are mad – because the people are mad – that bailed out banks are using our money to line their failed greedy traders’ pockets. Greed from bankers was to be expected – Congress on the other hand is responsible for not insisting on oversight.

Speaking of perception, there’s rumbling that this could hurt Obama’s bailout plans. I disagree. I think people know the difference between propping up institutions that will destroy the economy if we allow them to collapse, and a few unscrupulous Wall Streeters stealing money that isn’t theirs – Particularly when the economic turmoil that is costing people their jobs, houses and retirement savings was caused by those same geniuses. This time, the pitchforks are entirely warranted.

This entry was posted on Friday, March 20th, 2009 at 9:57 am by Matt Davies.
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6 Responses to “Perception is Everything”

BULLDOG March 20th, 2009 at 11:47 am
Pretty funny Matt. I mean the cartoon not the reality of the situation.
Grievance March 20th, 2009 at 11:48 am
I’m usualy the one complaining, but I love this. I just wish you had called me. I have a whole shed full of pitchforks that I would have been happy to lend to the villagers.
Topics about Banking » Perception is Everything March 20th, 2009 at 11:49 am
[...] OurFuture.org – created an interesting post today on Perception is EverythingHere’s a short outline…our money without strings attached, and now they are mad – because the people are mad – that bailed out banks are using our money to line… [...]
what now toons March 20th, 2009 at 1:43 pm
Matt, you really nailed the entire situation with this cartoon. The urgency reflected with the bucket birgade, and the fire represented with the executive swimming pool. Brilliant. I tip my hat to a fellow cartoonist.
cheers
http://www.whatnowtoons.com
check out my AIG cartoon there.
Topgunner March 20th, 2009 at 1:48 pm
“I think people know the difference between propping up institutions that will destroy the economy if we allow them to collapse, and a few unscrupulous Wall Streeters stealing money that isn’t theirs.”
You give people too much credit, Matt.
Given that the current and former President justified the bailout dollars because not doing so would bring on a horrific financial catastrophe, and yielded the current result, few of the populace will accept that there is a difference.
Steve C. March 23rd, 2009 at 1:54 pm
they need to re-instate the glass-steagall act. and break apart these megopolies.

hey Matt there you have it. an idea…
(mending the broken glass.

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