There, we ate and talked.
I asked Riley what he thought about the $700 Billion Bailout Plan. He complained it was an exorbitant strain to the system, would hand-tie any incoming President, and was, as far as he could reason, an arbitrarily decided figure. An economic solution based on psychological Sea Change was a tenuous one at best, he explained, especially given the failed rate incentives preceding it.
So, I asked him if he preferred a greater Free Market approach. He said, although it may provide a viable long-term tactic, it leaves too many "dead in the wake." He also said the situation calls for pragmatic execution over dogmatic principles, dropping the familiar "no magic bullet" trope.
I said I feel there needs to be more system transparency to avoid this calamity in the future, but not at the price of weighty governmental entanglement, and he said his pancakes tasted good.
I tried his pancakes and agreed.
Editor's Note: Riley snapped this photo while extolling the finer points of Laissez-Faire capitalism to me. After fifteen minutes, I finally had to say, "I get it, Ayn Rand! Back off! And quit eating my fries!"