Bill Perkins, a Houston venture capitalist, posted a scathing full-page ad in the New York Times today, September 23, criticizing the government’s $700 billion bailout.
The full-page ad cost Bill Perkins $130,000, but he’s hoping it will have an impact that no money could buy. "Let me know if I’m going into a business where I’m going to be competing against the government. I need to get out of that business, Perkins said.
The ad features a hand-drawn cartoon of President Bush, Secretary of the Treasury Henry Paulson and Federal Reserve Chariman Ben Bernanke raising a flag in the famous World War II Iwo Jima pose. The flag, however, has a communist sickle symbol and the words "big insurance," "Detroit Auto" and "Wall St. Banks." There are tombstones behind the men with the words "private enterprise" and "capital." A plaque above it all says "The New Communist." The cartoon was drawn by a Houston-based artist named Dawolu Jabari Anderson.
"They are raising the new flag," Perkins said. "We’ve become a socialist-communist country in the form of trickle-down communism."
The $700 billion bailout plan, proposed to save our failing economic system, has not yet been passed by Congress. If it does, only time will tell how closely it will resemble Perkins’ bleak cartoon.
Source: Reuters
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