Saturday, April 17, 2010

Move Over Beckett

Secretary of the Treasury, Timothy Geithner talked about the "too big to fail" problem this week. He said "when large companies manage themselves to the point that they cannot survive without the government, that we put them out of existence."

So if a company gets too big to fail, they kill it.

Geithner is the new master of the absurd, filling the shoes of Lewis Carroll, Samuel Beckett, and John Cleese. If they are too big to fail, we will not let them fail, we will kill them.

Perhaps next week Geithner will decide that attempted suicide will now be punishable by the death penalty.

No comments: