Saturday, December 15, 2007

Making money on the bailout

So, just some random current thoughts:

I wonder how someone could make money on a government bailout (other than, of course, being one of the idiots being bailed out)? I mean, if you know there's going to be a huge movement of money, there should be a way to profit on it, right? And you'd have to be pretty dumb not to foresee the government spending billions, if not trillions, of taxpayer dollars to bail out all the morons who bought houses they had no business stepping foot into, much less owning, at the expense of everyone else who was dumb enough to be financially responsible.

Is there a mutual fund which tracks government idiocy? What about a credit default swap for Americans who save money? An option to get a matching percentage of any bailout within the next 2 years? Credit default swap for the social security fund, maturing in about 40 years? Common...

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