Tag Archives: bail out

Word of the Day: Bailout

My son was up late working on a school project – a poster  about the evils of text messaging and driving. This morning, the project still wasn’t done. There were pieces of construction paper that needed to be glued, photos that had to be printed off the web and scissors that just mysteriously disappeared into the the chaos of  what is our house in the morning.

First of all, let me register my complaint that kids in high school are still asked to do projects that involve colored pencils, construction paper and me running out to Walgreen’s at 10pm  for poster board.  Second, let me say that without those type of projects, I probably wouldn’t have been able to graduate from high school.

Anyhow, I took pity on my son who was assembling his project on the dining room table, before breakfast, in his pajamas.

“Is there anything  I can do to help you?” I asked.

He handed me some construction paper to trim, a few images to glue and in minutes, the project was complete.  I wrapped the poster board in a plastic garbage bag, dug around in my purse for lunch money and  handed him a bagel  as he went out the door.

With the poster – but without his backpack.

Which I delivered to the school at 8:15am.

Note to the School Department: Crazy-looking women carrying backpacks and wearing bedroom slippers should not be able to just walk into the school.

So what do you think?

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Word of the Day: Tube Sock

The proposed  $700 billion bailout of America’s financial institutions will probably  cost much more, because after all, that is just an estimate and, if you’ve ever remodeled your kitchen, you know how accurate estimates are.

So, to keep the country from going down the tubes the Treasury Secretary will be given absolute power to do whatever it takes to shore up the banks, the investment firms and the Treasury Department. Where will this money come from? Us. That’s right the taxpayers. But I think that Henry Paulson should look beyond the taxpayers and look to the kids of taxpayers – because that’s where all the money is – at least in my house.

My youngest son, Lewis is flush with cash. No kidding. Even in these times of economic crisis, his financial security seems…well, secure. He has a tube sock in his underwear drawer that’s stuffed with bills. It’s cash from the Tooth Fairy, birthday money from his aunt and uncle and change from the times that I’ve given him five dollars to pay for a three dollar hot lunch.

Now, I’m not suggesting that the Feds ask kids to donate the proceeds from their summer lemonade stands to bail out Wall Street. But I am thinking that maybe my meager savings- which is being battered by the stock market and is at risk from the savings and loan crisis, might be better off in a tube sock in my underwear drawer.

 

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