North African Donkeys, Unwise Corporate Asses, Government Asses…….
“Tunisian media report that a woman, a wife and mother of two, who had been thought dead and was buried in the morning, came back to life by evening with the help of two asses (donkeys). The woman had fallen unconscious one day before, and all thought she was dead by next day. A funeral was held, a coffin bought, condolences exchanged and the woman was buried. Later that day a neighbor woman was moving her two asses (donkeys) when they headed toward the graveyard and started agitating. She heard a noise emanating from the recent grave of her neighbor. Initially she got scared and wanted to move away, but the two asses (donkeys) went back to the source of the noise. She alerted the family who dug out a live woman. She had already torn her cloth coffin.........”
There is more than one way to define an ass (donkey), asses (donkeys) come in different shapes. Especially, but not only, in our part of the world. While on this subject of asses (donkeys), we might as well refer to politics and economic policy.
Not all asses are good Samaritans. Some can cause a lot of damage. Which brings us to the United States economy. It took a few asses in the major banks, major investment banks and other enterprises like AIG to bring the US and world economy to its knees. It took a few more asses, bigger asses, in the White House, at the Treasury, at the Fed, and in both houses of Congress to sleep at the switch for a few years and enable the corporate asses to do the damage. Some of the major asses have gone away, some back to the private sector, others to give motivational speeches at $ 150 thousand a pop, one or two hang around Washington loudly trying to salvage an unsalvageable legacy. Many others remain, both in government (all three branches) and the private sector. Which means the next cycle of stupidity won't be far away.
I haven't talked about my favorite topic in this context: Middle East oligarchs. Later.
Cheers
mhg
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