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Sunday, May 22, 2011

Bizness




Some people proclaim that Government should be run like a business.

Now they are saying that their business plan includes defaulting on debts, which is a bit too much like Enron for comfort.

I went to University of Michigan Business School, and they did not teach us that one. It apparently is a tremendous ego-booster and does all kinds of good things for a business. I knew some blokes who killed themselves back in '08 when everything went south and their debts overwhelmed them.
If they had but hung on until today, they would have realized that default is just the thing for what ails you: indeed, a hair of the dog that bit you, as Jack Torrance sez to Lloyd, the bartender, in The Shining.


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