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January 12 at 2:01PM by Mary Phillips-Sandy

In Which Barack Obama Asks George W. Bush to Ask Congress for the Rest of the Bailout Funds

Early this morning — for all I know, it was 3 a.m. — the phone rang in the White House, rousing our soon-to-be-former commander-in-chief from his dreams of brush-clearing…

Barack Obama: Good morning, Mr. President.

George W. Bush: You again? [covering the receiver] No, Laura, it's not Pappy. Go back to sleep.

BO: Look, sir, I know I'm not technically president yet-

GWB: Heh heh! That's right, you're not. Eight more days! Eight more days!

BO: Thing is, we need to do more to stabilize the economy, and I can't tell Congress what to do. Not yet. I can "urge" them to "consider" various courses of action at one of my twelve daily press conferences, but I can't make them listen, know what I mean?

GWB: You got your Chicago guy there. Knife-throwin' fella. Missin' a finger. Crazy fella. I call him Stumpy. Let him take care of 'em.

BO: Sir, my policy is no drama, and that's not how this works, anyway. So, if you wouldn't mind, could you please tell Congress to release the second tranche of bailout funds as soon as possible?

GWB: Tranche? That some kinda Frenchy thing?

BO: It's economist-speak for "chunk of securities bundled in the same transaction." You remember, sir. The $700 billion bailout had two tranches. We've put the first half in the troubled asset relief program already, and I'm going to need the rest the minute I get into office. I just need you to ask Congress to release it.

GWB: Oh. Okay, sure. What the hell.

BO: And listen, I'm telling them that along with the release of funds, we need to change the way the TARP is being handled. There needs to be more oversight, more accountability. We've given all these funds to the financial institutions, but people are still struggling to stay in their homes, so we-

GWB: Heh heh heh. What's this 'we' shit, kemosabe?

[click]

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  1. Dearest MPS,
    Et tu Mary? Did thou really have to wondereth all that much? If a bodily secretion is to be found in your article, thou knowest I shall unearth it. Or, a Breakin' 2 reference.

    Oh Mary. Did your heart not flutter when I crafted the beautiful prose missing from Blago's hacked version of Tennyson's Ulysses? No. :( PEBO… BO… SCOTUS… POTUS… (That's a modernized version of Annie Hall's la di da).

    The elitier authors pepper plebes with literary flourishes and device. haHA! Barack doesn't sweat so B.O. is impossible. haHA haHa! Please. That was like, super-duper sweaty satire. I have loftier literary ambitions and frankly, am stunned by your low-brow interpretation. Making me, elitiest. haHA!

    http://www.youtube.com/watch?v=bHrKTWroSfQ

    by Cube January 12th at 9:54PM
  2. @Cube: I wondered who was gonna go there.

    by Mary Phillips-Sandy January 12th at 7:49PM
  3. I read a CNN story over the weekend that a bunch of the banks are now saying, "Hey, that injection of cash to buy up a bunch of preferred stock was great. But what we really need is for the Treasury to do what it was supposed to do and buy up a bunch of bad mortgages."

    TARP-a-Cola Classic it seems beats New-TARP in taste tests.

    by bearness January 12th at 5:31PM
  4. Who would have thought? Apparently GW Bush is so used to being manipulated by other all you need is just his telephone number to get what you want out of him.

    by Bob L January 12th at 5:22PM
  5. B.O. BODY ODOR.

    by Cube January 12th at 5:08PM

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