Sunday, October 24, 2010

to war: a brief dialog

np: neo-con politician
ne: neo-con "economist"

np: hey. we want to go to war. how do we finance it?

ne: blow a bubble. maybe in housing - that way both the lender and the borrower will finance our war. we do it all the time - we blew a tech bubble for clinton. we can pull in fannie and freddie. and use derivatives to mortgage just about everything. since a lot of people in the world still trust the US and the dollar, they will trust that our contracts are good. and we won't print money early, like nations in the past - keeping our economic partners (even if they're not our force partners) on board. then when we reach a good point we'll just print a lot of money and buy all those assets back. it might be tough on some of our bankers who get caught up in the leverage schemes, so be sure to promise them big bonuses in the end

np: sounds good, when can we start?

ne: we'll get the ninja liar loans started right away. but remember to publicly scorn if not ruin anyone who starts asking questions

np: will do - we're good at that

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