Bail Out the Writers!
Silicon Valley Bank is the least of our worries
Another year, another bank bailout. With Silicon Valley Bank in flames, Credit Suisse on the dole and a host of other mid-range financial institutions teetering on the edge of solvency we are again forced to look deep into the nation’s economic infrastructure and fleece the taxpayer for one more go around the “oh shoot, sorry” loop of banker malfeasance.
As someone employed far outside the periphery of the financial services industry I am simply aghast. Not that we’ve been re-bilked by billionaires to carry their shit-stinking load. But rather that we seem to have once again missed an opportunity to really address a critical infrastructure problem imperiling American families everywhere.
I think therefore it’s time that you all considered my modest proposal:
We must now go boldly forward and bail out the writers.
What would such a bailout consist of? In the 1930s, Franklin Delano Roosevelt started the Federal Writers’ Project, under which some 6,000 out-of-work writers were hired over a period of several years to write guidebooks, oral histories, ethnographies and the like, and in the process “describe America to Americans.” The program not only kept American writers alive but seems to have helped them multiply, to the point…
