Monday, September 29, 2008
Chuck Gaffney (Me) on BusinessWeek.com
Looks like my comments about the US economy got me on the front page of businessweek.com! My anime business and my old health business got me to realize different sides of the financial spectrum and as some of you know, many of us (including myself) were furious about that now failed Paulson $700 bailout plan that was going give the crooks who stole from the US the money back. I know this isn't really otaku related but I would assume that man of you can't avoid the news on it so I''m extra happy to see that my comments got me to the front page of the biggest business site on the web. You have to be living under a rock to not know that the US economy is in the crapper. Caused by the nepotism between Wall Street and the government, greedy Real Estate agents and loan sharks and an overpriced and overrated college system that teaches everyone to be worthless 9-5 cubical-slaves, this economy was just a house of cards that was ready to fall. All isn't doom and gloom though; one of my anime wholesalers, Diamond Comics did a report on the increase in sales anime and collectible goods and the turnout at the New York Anime Festival 2008 sure doesn't show signs of a recession there. Thankfully the internet has given all of us a voice and I'm very humbled and honored that I'm featured on the front page of one of the biggest business sites in the world. I of course commented about the incompetence of Treasury Secretary Paulson. Here's my entire comment:
"Secretary of Treasury Paulson was the CEO of Goldman Sachs, turned the company's $30 Billion debt into $100 Billion. The guy is not even qualified to count your cash as a teller at any bank let alone come up with anything that deals with money or in this case, have the US taxpayers write him a blank check. The guy hardly qualifies enough to flip burgers since there would need to be someone there to make sure he doesn't miscount the orders!"
Link to the comment here.