The present financial crisis, as explained and resolved in six panels of a Golden Age comic book:




A fundamental weakness in the underpinnings of market capitalism? Pshaw! It's all about telepathic waterfowl seeking to undermine our entirely sound and totally rational system of unrestrained greed, long since freed from the petty shackles of effective oversight. Thankfully, we have a government that is compassionate enough to insulate the titans of finance from their own self-destructive tendencies and is willing to commit as much of the taxpayers' money as is required to cover the speculators' losses.
Hey, it's an emergency. We can discuss accountability and regulatory issues later, after the the wheelbarrows full of cash and lines of low-interest credit have been dispensed to the poor, poor plutocrats who have already suffered so much. Please, pay no mind to the restructuring of the banking regulations that were created to prevent commercial banks from dabbling willy-nilly in the investment banking sphere. We need to be grateful that these entities were willing to buy out their failing cousins in a time of crisis, so just put aside any worries that this will pose an even greater economic risk down the line.
When the worrybird cackles, a quick response is required. As for those of you who will ultimately foot the bill for the bailout, and who have been suffering the most from the turmoil....well, you should have been more responsible with your financial affairs. Next time, don't take out a subprime mortgage to buy a home -- buy the firm that uses such mortages as security to game the markets. Then the government might be willing to slip you a share of that sweet $700 billion.
The Rare Breed - Beg, Borrow, and Steal (from a 1966 single; collected on the Nuggets: Original Artyfacts from the First Psychedelic Era box set, 1998) - This single was re-released in 1967 and credited to the Ohio Express, one of the many faceless bubblegum proxy groups used by songwriters and studio wizards of the period, though the actual touring line-up of the "band" hadn't yet been assembled. So don't expect to hear any similarities between this respectable slice of garage rock and "Yummy Yummy Yummy."
Action Pact! - Who's to Blame (from Survival of the Fattest, 1984) - It's a shame the 80's Britpunk scene imploded when it did, as there were a number of bands that were on the verge of breaking away from the formula (while not falling into the standard hard rock/metal/grindcore career trajectory) before it all came crashing down. You can hear it in the studio side of The Partisans' The Time Was Right LP, which sounds like nothing else recorded before or since, and you can hear it to a milder extent in Action Pact's second album, from which the above track was taken.
Wire - Let's Panic Later (from an EP included with, and later appended to 154, 1979) - It is impossible to calculate the creative debt indie rock owes to Wire....unless you're talking about Elastica, in which case the exact sum has been recorded in an out-of-court settlement.
Note: My other project, pronounced WOO-BIN, celebrates its second week of existence with a recital of the most sublime verses ever penned by human hands.
