In Which Mark Cuban Proposes the Sarah Palin Approach to Get Us Out of Our Current Financial Mess

Honestly, there’s a lot to agree with in this post:

700Billion bailout ? Ebay it !

Lack of transparency got us in to this mess, lets not let lack of transparency keep it messy. The government needs to immediately setup an exchange, it could be ebay.gov with more in depth description fields, for all I care. However they do it, EVERY asset  the government will buy or sell as part of this buyout needs to be shown and described with the price the government is willing to pay or sell the asset for.

Why ?

To keep government honest.

Not that anyone in our government would ever put their own personal self interest first  and over or under pay for an asset. Nor would they ever take those assets and then sell it for less than market value in exchange for “personal considerations”.

(See the whole thing at Blog Maverick)

2 Comments on In Which Mark Cuban Proposes the Sarah Palin Approach to Get Us Out of Our Current Financial Mess

  1. Except that Palin’s attempt to ebay the corporate jet did not actually work. She needed to sell the plane by private sale in the end. Cuban’s plan is more about transparency than it is about finding buyers.

  2. True—which is why she’s now careful to always describe it as ‘I put the jet on eBay’, not ‘I sold the jet on eBay.’ And, yes, my hed was a little misleading here, as you point out, for that reason—Cuban’s point is indeed transparency, which I applaud. It’s just when I think of selling stuff on eBay, my mind for some reason starts heading Alaska-way.

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