Tuesday, September 23, 2008

Link of the day, sign of the times

The economy is tanking, the government has been buying up banks and such left and right, and now Henry Paulson wants the taxpayers to foot a $700 billion bill to buy what has been charmingly dubbed "Big Shitpile" by bloggers in-the-know.

Well, now you can let Paulson and the others in on your own Big Shitpile of bad assets!


...submit bad assets you'd like the government to take off your hands. And remember, when estimating the value of your 1997 limited edition Hanson single CD "MMMbop", it's not what you can sell these items for that matters, it's what you think they are worth. The fact that you think they are worth more than anyone will buy them for is what makes them bad assets.

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The Lost Albatross