hunting the fail whale.

Last night, I said on Twitter:

Good thing government bailed out the whaling industry in the late 19th century. Where would we get lamp oil now?

If government in the 1800s had handled the whaling industry like they’re now handling the car and financial industries, we’d have the tenth generation of whalers on Nantucket right now, collecting government checks for sitting at home and going to the Whaler’s Union job center twice a month to slap a new coat of paint onto whaling ships that haven’t seen water in a century.  They’d also make sure their kids would have an opportunity to get into “whaling”, and we’d all still be paying off the money our government borrowed over a hundred years ago to prop up an industry that was Too Big To Fail.

8 thoughts on “hunting the fail whale.

  1. Blackwing1 says:

    My buggy-whip factory went under as a direct result of unfair competition from those new-fangled auto-mobiles!

  2. Caleb says:

    Yeah, but at least we’d be deeply offending the environmentalists.

  3. perlhaqr says:

    Blackwing: Priced a buggy-whip lately? The ones who stuck with it make bank.

  4. crankylitprof says:

    I wish…genuinely wish…that I could muster up a bit of sympathy for the poor auto workers who (being unionized) probably all voted for the Big Zero, who now has them bent over a chassis with a fan belt crammed in their mouths.

  5. […] George Will makes the case that the bailout was unconstitutional. Uh, duh? RELATED: “Good thing government bailed out the whaling industry in the late 19th century. Where would we get l…” SEMI-RELATED: While we’re busy bailing out businesses that need to fail, don’t […]

  6. MarkHB says:

    Well, at least the government didn’t listen to the RIAA saying how the evil intertubes were being used to ruin their industry and start throwing fines the size of Barcelona at grannies and 14-year-old girls.

    Oh, wait. They did.

    *headdesk*

  7. Shootin' Buddy says:

    This is why my Second Bail Out Plan is to eat enough sushi so that I am TOO BIG TO FAIL! Then I can ask for 10 billion, exercise and buy more sushi.

    (My first plan was to use the office American Express card [no limit] to buy 10 billion USD worth of stuff and then have the government send me a 10 B check, pay the credit card and then sell the stuff on E-bay for 5 billion).

  8. Bob Jones says:

    See, you got it wrong about the whalers, they would never paint ships that have never seen water in 100 years. The unions would demand new ships every 10 years or so. Not to mention classes, and crew training, and upgrade schedules, and furniture for the ships, and on and on and on.

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