Wednesday, December 10, 2008

A cheesy bailout

With all the stories of the banker bailouts and the auto bailouts comes this humorous story of the Italian government bailing out the cheese makers! It looks like bailing out these cheese manufacures is of national interest to Italy, akin to the bailing out of the bankers and auto manufactures here in the USA.



At least the Italian government is going to get a lot of cheese for this... while we only get the opportunity to grunt about it. When the tough gets going, at least the Italian government will be able to back the Lira with Cheese, while we at the USA gets to back the dollar with... you guessed it, with absolutely nothing, but the words This note is legal tender for all debts, public and private! I guess if they dont bailout the cheese makers, they'd probablly have to layoff a few cows, which could be very dmaging to the economy!

2 comments:

Mberenis said...

Grrrrrrrrrreat blog!!!
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When was the last time you looked at government grants? With the bailout, there is more money than ever. Don't miss out.

My Grant Blog
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Anonymous said...

That story sure smells strange... So can we say that the Italian government makes a deal to cut the cheese? err, I mean agrees to bailing out the cheese cutters? How to put this in better words?