Brunson Rips Feds
Written by Tom Somach in Poker NewsLas Vegas poker pro Doyle “Texas Dolly” Brunson, a multi-millionaire who routinely bets $50,000 or more on NFL games, is blasting the U.S. government for bailing out failed American financial institutions.
So now Brunson is an expert on economics?
Why not?
He freely admits he knows nothing about politics, but continues to post political commentary on his blog at www.doylesroom.com.
Now he’s weighing in on the blog with his thoughts about the bailout, writing this week: “This 700 billion dollar bailout doesn’t seem to be changing anything. The stock market keeps going down and banks keep going under. The culprits are being rewarded at the taxpayer’s expense.
“Lehman Brothers went under after awarding 50 billion dollars in options and bonus money to their top executives last year. Why can’t the government step in and reclaim that money? The banks that tried to be prudent and make good loans are being punished, along with the banks that knew they were making terrible loans.
“I taught money and banking at a university in Texas when I was a graduate student. I remember in our textbook a quote, ‘A banker is someone who lends you his umbrella when the sun is shining but wants it back the minute it starts to rain.’ Now, nobody has money to loan to the business people that need it. I don’t know what the government is going to do now.”
Okay, Doyle, you criticized the U.S. government.
Fine.
But you offered no suggestions of your own on what it should do about the financial crisis.
If you’re going to throw stones, also throw out a few answers.
So here’s an idea:
Why don’t you loan–or better yet, give–a big hunk of money to the U.S. government so it can bail out the financial losers?
What’s that, you already gave the Feds plenty?
Oh, right, your income taxes.
(E-mail Tom Somach at tomsomach@yahoo.com.)




