Monday, March 30, 2009

Obama's Economic Plan: A Version of the Monopoly Game, But No One Loses

It's very much like the regular Monopoly game that kids play -- only better -- because this one uses real money, provided courtesy of the taxpayers. The best thing about Obama's game is nobody loses. Usually, the winner in Monopoly is the one who winds up with the most money. In the Obama version, the losers get any losses back from the government at the end of the game. The president has promised.

The guy is a genius. He located these two whiz kids -- Tim and Larry -- who are smarter than God about financial matters. President Obama commanded the advisors to solve the financial mess, raise the zombie banks from the dead and start the good times rolling again. This game is what they came up with. It's a very complicated game and not everyone can understand it. But the Wall Street titans smell hope. For this Monopoly set has no "Go to Jail" card in the deck.

The analogy of Monopoly to Obamanomics is closer to the truth than this essayist realizes because he says "this one uses real money." In fact, fiat dollars can be printed out of thin air and are real only to the extent that the government can be trusted not to destroy their value by swamping us in a sea of them.

No comments:

Post a Comment