September 24, 2008

E Pluribus Unum for Who, um?

I don't have anything to add, really, to the public discourse on the new movie "Saving Private Companies" coming real soon to a theater near you.

Produced by the Chickens Who Came Home to Roost and the First Two Little Piggies Who Made Their Houses Out of Straw and Sticks.
Directed by the Rains That Came Tumbling Down.
Written by the Man Who Built His House Upon The Sand.
Distributed by Dewey, Cheatum and Howe.
Most critical review by the Invisible Hand.

Corporate welfare. Socialized downside. Privatized upside.

E pluribus unum -- "Out of many, one"

Pluribus bear the burden, executives and select shareholders become unum and reap the rewards.

In the 80s, Lester Thurow called us a casino society. We see once again that the house wins. And we know who owns the house, and it ain't Pluribus!

My January 17, 2008 post expresses my opinion on executive compensation. You might want to read it. And here's my next-day response to readers' comments.

September 9, 2008

Grandpa Volunteers, Grandma Sacrifices

Arthur Dennis Farren and Stella Mary Payne Farren's young family as the War began. Santa Barbara County, California

My Mother's Father at War

Arthur Dennis Farren, Some South Pacific Island, World War II