Monday, August 4, 2008

What is coming in September? (A whitehouse conversation)

"Hank, what a surprise, you're calling me on the secure line."

"Mr. Vice President, I just talked to Bernanke and we both think it's time to initiate some of the actions discussed in our last meeting at Camp David."

"What did you have in mind Hank, you know the election is coming-"

"Dick, we need to activate NSC protocols and I'm referring specifically to NSDDN 500. The justifications are clear under the Patriot Act, and our intent is to eliminate the spread of false and misleading economic information from bloggers and websites."

"Jesus H Christ Hank, is it that bad? I thought you and Fahad had a deal""

"Ken Lewis and our buddy Rubin both tell me they are going to have really bad news and they can't shelve it much longer. King Fahad is with us, but recent developments show we need a lot more capital than he and his partners can provide. We have two, maybe three weeks to put a lid on the money center bank issues, and if we have the usual leaks from Commerce or Executive it could get ugly since these damn web sites get the stuff out so fast. I'm talking major runs and we'd need Congress to come back in emergency session to fund the bailouts."

Dammit Hank, you know we can't use that kind of language! That asshole Rubin has lied to me for the last time! OK sorry, Jesus my pacemaker is kicking in --OK Hank, I'll call an emergency NSC meeting for this afternoon. Tell Ben I'm on board and I'm pretty sure W is too."

"Thank you sir"