So which figs shall leaf the genitals of failure? Here comes the list.
As it was the international system of finance that allowed these toxic assets to be spread about the globe, it only makes sense that some international regulations be passed. These regulations should be global in scope, but shouldn’t challenge any individual nation’s sovereignty. They should be binding, yet allow for elastic interpretation. They should be orange, yet purple. They will be depicted as global rule and a sign of the twenty headed beast of the apocalypse by people who like that sort of thing.
Name and Shame
Countries that erect trade barriers and countries that provide tax havens shall be mentioned in a scolding tone. This will be depicted as global rule and a sign of the twenty headed beast of the apocalypse by people who like that sort of thing.
Moneyday Goes Global!
Saturday, June 6 is Moneyday. The leaders of the G-20 summit would be trumpeting this, if they knew about it. Spread the word!* Buy someone a present. The Ks will be playing at Trash Bar in Brooklyn that night, by the way.
Just kidding. That’s not going to happen. They’re going to hitch their wagon to our cart, even if our cart is a wobbly wheelbarrow going off a cliff. Personally I think that when Czech Prime Minister and European Union President Mirek Topolanek called Obama’s stimulus plan “the road to hell,” he was being a bit of a douche. The fact that he was inspired by an AC/DC concert calls for more nuance. Accordingly, I am minting the term “Doucherad” (pronounced DOOSH raaad) for when someone is simultaneously cool and lame. Adjective or noun. He’s a doucherad who’s being doucherad. I bet it’ll come into good use.