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Forrest Gump’s version of bail out

October 15th, 2008


Forrest Gump Explains Mortgage Backed Securities

Mortgage Backed Securities are like boxes of chocolates. Criminals on Wall

Street stole a few chocolates from the boxes and replaced them with turds.

Their criminal buddies at Standard & Poor rated these boxes AAA Investment

Grade chocolates. These boxes were then sold all over the world to

investors. Eventually somebody bites into a turd and discovers the crime.

Suddenly nobody trusts American chocolates anymore worldwide.

Hank Paulson now wants the American taxpayers to buy up and hold all these

boxes of turd-infested chocolates for $700 billion dollars until the

market for turds returns to normal. Meanwhile, Hank’s buddies, the Wall

Street criminals who stole all the good chocolates are not being

investigated, arrested, or indicted.

Mama always said: “Sniff the chocolates first Forrest”.

See Secretary of the Treasury, Henry Paulson’s compensation for Goldman Sachs:


Washington Mutual executive compensation:


AIG executives needed break:



Do you know that he plan Paulson proposed in the latest 700 billion bailout does NOT restrict what the banks can do with taxpayer money?  Yes, they can turn it over in dividends to their shareholders.





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