Several mornings a week about three to ten guys meet for breakfast at various places, usually in Marin County, California. Most are vets. We have some amazing conversations for old guys: we have enormous experience. Our senior guy is 80 and our youngest, 44. We are WW ll and Vietnam. We talk about politics, women--no subject is off-limits. My wife calls them my "girlfriends." After our talks, I usually summarize our thoughts on the blog.
Monday, September 29, 2008
BARNEY SAYS
One of my heroes is Barney Franks who is the Democrats "point man" on the bailout fiasco, (which, as of this writing, failed) the House Financial Services Chairman. What endears Barney to me is that he is not terribly unlike Barney and Friends on TV's Discovery Chanel, watched by my three year old granddaughter, Lilly. On TV's Barney, they end with "Barney Says." These are little lessons on living life that 3 year olds get.
Well, in the financial bailout, the bankers and those related who have gotten us into this mess could use a little "Barney says." Most of the bankers should remember "Barney Says" from a former encounter. He was a last minute sub for some big bankers Association. Here they are at this big gathering, waiting to be told how great they are. Barney gets up and "flays the sheep" so to speak. He tells them how sorry they are and how they are responsible for the many ills which Americans face. He tells them they don't care for the poor, adinfinitum. And, just as he is getting warmed up, someone is heard to say, "who invited this guy?"
What makes this amazingly remarkable is that this was several years ago but in light of this present crisis, it is like yesterday. So, what am I saying? Well, along with Warren Buffet (although the majority of the "girlfriends" say that Warren is part of the same group as Paulson and consequently has a vested interest), I trust Barney to keep our best interest at heart.
For most of us, we don't understand how this has happened. We surely can't see into the future to see what might happen if we don't do something. How can we know? The ones who got us into this mess and lined their pockets don't even know. So for now, it is BARNEY SAYS.
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