Mar 19, 2009

New Dollars

New Dollars are not like old dollars. They are not "legal tender for all debts, public and private".

These dollars, you see are a special breed of dollars. They are bailout dollars. They look the same as regular dollars, and there are a lot of them, but there are a few key differences.

Bailout dollars cannot be used for remodeling your office. They can pay your employees, your contractors and vendors, and your vendors bonuses, but they can't be used to pay your employee's bonuses. Bailout dollars also have a special tax rate. So ostensibly if a bailout dollar becomes a bonus dollar, it will most certainly go back and become a bailout dollar again.

Small Businesses don't get bailout dollars. Huge international businesses do, but only if they are monumentally unprofitable. Small businesses get this: Congress gave bailout dollars to giant money lenders and told the lenders to lend it to small businesses. So unless small business goes out and takes on more and more debt, they don't get bailout dollars.

Field Mice get bailout dollars, and so do organizations that engage in election fraud (ACORN).

But somehow all I seem to be good for is earning regular dollars and mailing them to Washington where they become bailout dollars. I wonder how many times a bailout dollar has to be spent before it can be declared a regular dollar again. For instance

0 comments:

Post a Comment