Tuesday, April 1, 2008

Parsing Paulson's Proposal

Treasury Secretary Henry Paulson has just released his blueprint for financial reform. Two things are very disturbing about this proposal. First, it gives the Feds increased authority to regulate a limited number of institutions that are already regulated but not the cause of today’s economic crisis. Secondly, all the proposals require the approval of Congress – a body that did not even read the Patriot Act before passing it into law is going to read and understand the economic mumbo-jumbo of the Feds?

Woe-begone to us when it’s Congress and the Feds watching the henhouse.

Might as well trust me with your money. Like all our presidential candidates, I, too, am a born-again political-cum-economic-cum-whatever change agent you want me to be. The tax rebate amount that you receive in May should be wired in full to the Swiss bank account of Dave Westfall, Esq. In return, Mr. Westfall and I promise you a WORRY-FREE and ECONOMICALLY-FRUGAL European vacation this summer.

By not even leaving your home and being hassled at the airport, you will automatically be worry free. By not spending twice as much on food in Europe, you will continue to remain economically frugal. Please e-mail me at once if you are interested and I will provide you with the details for the wire transfer. Although we are change agents, once we collect your payment, we cannot give you back any change. But we will send you a DVD on the intangible benefits of this brand new financially reformed vacation package – ABSOLUTELY FREE.

NOTE:

This offer is not affiliated with the NBA – Nigerian Banking Association. Participants must be over the age of 18 and sign waivers for forms OCC, OTS, CFTC, PFRA, CBRA, and LTCM, all in duplicate. Form SR (Scam Release) ought to be signed in triplicate. The vacation is completely tax-exempt and no details, especially Mr. Westfall’s, should ever be reported to the IRS.

2 comments:

okan said...

Sounds very good to me...
I would like to sign up for this European vacation; for the 2nd half of June 2008, when the 49. European Bridge Teams Championship is to be held in Pau/France?

"WORRY-FREE and ECONOMICALLY-FRUGAL" parts are just too attractive for a bridge player. And what if I sign only for the duplicate (skipping Form SR, I mean)? Noo, I just noticed that it is only a teams event!

G. M. Prabhu said...

Okan: The only pre-condition in accepting you for the vacation package is for you to play in a side Pairs Game at the European Championship with Dave Westfall as your partner. It will be a learning experience for you to sit across the table from him. The last time I partnered Dave was in a side pairs game at the 2007 summer bridge nationals in Nashville. Every contract that we declared was in violation of THE LAW – not the Law of Total Tricks, but Burn’s Law of Total Trumps – the opponents always had more trumps than us when we were declaring contracts. Nevertheless, we still managed to finish in second place.