Hank wants to eat our seed corn.

mmm ... niblet

Hank Paulson wants us to give him the next 50 years of this country's seed corn so he can grind it up into pig meal so he and his buddies can eat the pig.

In exchange, a few of us will get jobs wearing white aprons serving Hank et al. while they eat the pig.

Yum Yum.

Barry Ritholtz writes:

Looks good as a headline, is godawful underneath.

That might be the epitaph of our generation (I'm 44).

I remember in 1971, as a very young kid, reading National Geographic magazines that talked about "farming the sea" and "harvesting the sea" and building "factories" in the sea to harvest the immense bounty of the ocean, which would be necessary to feed a "growing and hungry world."

During the 1970s, this "farming of the sea" began to happen with factory trawlers. It is still going on today.

What has happened, since I was 7 years old, is that the world ocean -- in 1970 thought to be untapped and inexhaustible -- has now collapsed and is sliding toward total extinction.

This was not supposed to happen on "our watch" because, supposedly, we are now equipped with knowledge, research and foresight.

But it is happening. Even worse than our fathers and mothers could have imagined in 1970.

Why?

That answer is what gets us out of this mess.

Cheers.