Don't know what "prepackaged bankruptcy" is or how to write about it properly? Oh, really? Neither do/did I.
To remind myself that there are a few marbles rolling around upstairs, I signed up for a class on PB at work. It was taught by a small, squirrelly old man, who was dropping colloquialisms like "cotton-pickin" left and right; he was a bankruptcy lawyer, a brilliant one, or so was said in his introduction. And he spoke like folks from home! Fantastic.
So, should GM, Chrysler and Ford fold? Consolidation? What are the ramifications? Outlook?
I awaited elucidation. Good thing I wasn't holding my breath.
He was certainly brilliant, explaining exactly why the media is misusing "prepacks," and I was following. That was out of the way, what's more, Old Man?
Oh, they HAVE to file bankruptcy. He explained the domino effect, how suppliers, workers, so many auxiliary industries will just be wiped out if they don't! Taxpayers, saddled with debt! It all made sense (sort of, let's be honest).
Then people started asking questions.
Oh, sure, he was biased-- admittedly: "A surgeon's always going to believe your best bet is to cut out the disease." But he held his ground.
Until he didn't. People pushed him a little further, and then it came out: "Well...well...uh... [yes?] Well, ok I agree the government should just foot the bill ... I agree with that too." [Too?]
You could see this brilliant man standing there fighting with himself after he'd just waxed brilliant, confident. Finally, he just said "Well, you know what? F*ck all ... there's going to be so much blood. I don't know what to tell you. Except, you could run a plow over the whole Midwest."
The only thing I could think of was Kevin Costner and his beautiful corn fields and home and family being plowed over. Run over one by one by cars that are indirectly responsible for their demise.
Below, a clip with the great James Earl Jones in "Field of Dreams."
Despite the depressing discourse on the outlook for our fair nation, one thing to be optimistic about: Tonight is DOUBLE FEATURE night! Finally seeing "Slumdog Millionaire," and we're supposed to see "Milk," post-slumming it.