Doonesbury by Garry Trudeau for February 01, 2009
January 31, 2009
February 02, 2009
Transcript:
Duke no bonus at all? No bonuses at all! That's just cuckoo! That is so deeply wrong, Earl! They're still handing out bonuses to those greedheads on Wall Street. And they're using bailout money to do it! To people who lost billions! How come those pirates get $700 billiion and the lobbyists who keep them in business get squat? Hell, all we're aksing for amounts to a TARP fund rounding error! Isn't there anyone in charge of rounding errors? Earl: Hey...Yes! and I know him! He's in my men's club! Duke: Bingo. Set it up. Do you smell something?
An unregulated free market economy works amazingly well in that it maintains itself and allows a relataively small number of people who understand the market and have exceedingly good luck coupled with exceedingly small consciences to make huge profits. An unregulated free market economy demonstrably does NOT serve to maintain a relatively stable economic environment, employment, or reliable income for the vast majority of the populace. That’s why regulation is needed. It’s not a socialist plot, just a safety factor to compensate for the apparent lack of conscience or ethics in the typical CEO.