Ask a Liberal: Bailout v. Rescue

Dear Lib: Why all the sudden are people calling the bailout "the rescue plan"? Curiously, Wordmeister
Dear Wordmeister,
The reason the bailout term has been replaced by the phrase "rescue plan" has to do with banking, actually. You see, the media are like any other industry. They are focused on growth. That means they have to make more money every quarter. To do this, they need to leverage certain things. One of these things: Credit.
We all have relationships with banks, and we grow in those relationships (or die). The Bush Financial Doctrine of Reckless Abandon caused some instability in the global banking communities, which you may have noticed were the topic of some discussion on the news recently.
"Bailout" implies that something is sinking or flooded. It suggests a fair amount of peril. "Rescue," well, that implies, as our own Sam Seder pointed out in his Q&A re Maron v Seder, something helpdful involving a Saint Bernard and a little keg of hard liquor.
I hope this helps.
Yrs, Meister Eck
- FILED UNDER: Ask a Liberal, $700 Billion Bailout, Media, Wall street
- October 1, 2008








Sara Palin Baby
Hi,
Sara Palin's youngest. Is that her baby? She seems to have so many "secrets" and it is not uncommon for women to raise grandchildren as there own when it would be in the best interest of the child. Just wondering what cool skit I have to look forward to on SNL in the coming weeks.
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By kroland15October 1, 2008 - 10:54amNie Kroland15
See ya. B
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By Beau FriedlanderOctober 1, 2008 - 11:04amProbably something do do with...
Her performance at the debate. Either she parades the Gorton Fisherman and her pregnant kid and forgets all about the issues, OR she attacks like a moose and makes Biden look weak, OR her performance is blah and the repubs blame the Liberal Media.
I'll take Door Number Three!
You don't have to burn books to destroy a culture. Just get people to stop reading them.
---Ray Bradbury
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By LiberalIconoclastOctober 1, 2008 - 3:50pm