Fannie and Freddie’s assets should be pooled and alphabetized by the surname of each mortgage holder. Thus, Abramson and Acosta top the list. Marlowe and Moskowitz occupy its middle. Zoro and Zucker will bring up the rear. These assets then would be segmented alphabetically into 26 units.
These 26 companies would be auctioned to the highest bidders in transparent, public ceremonies. Revenues would go to the Treasury. This income should be reserved to offset the massive debts that are the domestic legacy Bush has bequeathed America’s unborn after his relentless, eight-year spendathon.
Because the alphabet does not distinguish between rich and poor, creditworthy and delinquent, nor east and west, each of these 26 companies would include mortgages on mansions and shotgun shacks, from Savannah to Seattle.
Polistra was named after the original townsite of Manhattan (the one in Kansas). When I was growing up in Manhattan, I spent a lot of time exploring by foot, bike, and car. I discovered the ruins of an old mill along Wildcat Creek, and decided (inaccurately) that it was the remains of the original site of Polistra. Accurate or not, I've always liked the name, with its echoes of Poland (an under-appreciated friend of freedom) and stars. ==== The title icon is explained here. ==== Switchover: This 2007 entry marks a sharp change in worldview from neocon to pure populist. ===== The long illustrated story of Polistra's Dream is a time-travel fable, attempting to answer the dangerous revision of New Deal history propagated by Amity Shlaes. The Dream has 8 episodes, linked in a chain from the first. This entry explains the Shlaes connection.