Ira Coffin

Political Cartoon Humor, Toxic Assets



Posted: Wednesday, March 25, 2009

by Ira Coffin
Humorzone Greeting Cards and more



I have been watching as they announce this toxic asset plan lately and how the market, ( usually a forward indicator), reacted to it. Very interesting stuff, a private public plan that is intended to remove some of the assets that are clogging up bank balance sheets in the latest attempt to free up the credit market. At first glance it looks like a great plan but I have gotten used to trying to look at unintended consequences over the past couple years. I do think it can achieve what the administration is hoping to achieve, however, it is trying to create a market where there is no current market. The derivative market that helped get us into the poor economy we are currently experiencing is an example of creating a market where there was no market. My point is simply this, if the wizards of Wall Street managed to mess it up then what in the world makes anyone think that our government has the talent to manage it. As I said the law of unintended consequences usually prevails and that is what made me think that the public will somehow get the short end of the stick or be on the hook for the whole thing as well and also gave me the idea for this cartoon. Enjoy and have a great day.

"Nopolymon" a.k.a. T. Coffin is a cartoonist, who enjoys writing from time to time about how his cartoons come to life. His blog, "Brain Bounce" is filled with funny cartoon designs and other things that are meant to be humor related. He also has a gallery of greeting cards and more at "Humor Zone Greeting Cards and More".

This Article has been viewed 1,859 times. (Not updated in real-time.)
Top-level comments on this article: (1 total)
» left by straight talk
 3 years 62 days ago.
112 fans. Follow straight talk on twitter!
Ira, how about a picture of the american tax payer going to the gallows and the congress placing a  scarf around their neck labeld  bail outs and saying "This will make sure your neck isn't burned as you drop". PS: It didn't help Sadamm. Good job as usual.
» left by Ira Coffin 3 years 61 days ago.
42 fans.
Hey Robert,
 
Thanks for the support. I like the idea by the way. I have a couple of other ideas as well....I guess one of the few positive things I see going on right now is an almost endless stream of ideas for cartoons and sarcasm in general. Thanks again and have a great day.
 
Ira
We want your comments! If you can read this, you don't have javascript enabled, so you can't use this comment system. Please enable javascript.