Jeff Cohen
If the members will come to order, please--please! This hearing is back in session. Thank you. Now. Will you swear in the next witness, please?
Do you swear the testimony you are about to give is the truth, the whole truth, and nothing but the truth?
Well, I'm an agnostic, but if you want me to swear, I have no objections. Sure.
Your name, please?
Jeffrey Cohen.
And your profession, Mr. Cohen?
I'm a mystery author.
(There is an uneasy rumbling among the spectators.)
Mr. Cohen, why are you testifying before this committee today?
I'm here to request a bailout, Mr. Chairman.
A bailout?
A rescue plan, a golden parachute, whatever the proper term is this week.
You're asking for money to subsidize the mystery publishing industry?
No. I'm asking for money to subsidize me.
Ah, Mr. Chairman...
The chair recognizes the Senator from Alabama.
Thank you, Mr. Chairman. I recognize you, too. Believe we had lunch together once during the Reagan Administration. But I have a question for the witness. Mr., uh, Cohen?
Yes, Senator?
Are you related to the guy who wrote "Yankee Doodle Dandy?"
Afraid not, Senator.
Enough of this. Mr. Cohen, the chair is confused. You expect Congress to offer part of the stimulus package for yourself, personally?
That's right, Mr. Chairman. I believe that since banks that failed and car companies that couldn't compete are getting tons of money from the government, a mystery author who tries his best should get the same kind of treatment. Editor's note: Yeah, we know; the car companies haven't gotten any money yet. But they will. After all, publishing is being hit at least as hard as the car industry. There are some people who say we'll see the end of all books soon. Has anyone suggested that we'll all give up our gas guzzlers and start hoofing it across the country?
Not that I know of, sir. But I'll ask my driver. I'm sure you understand, Mr. Cohen, that the stimulus package is not designed to help individual citizens.
Yes, Mr. Chairman. That's where it went wrong.
But the idea is that the companies being assisted--large banks like Citigroup, insurance giants like AIG, and huge manufacturers like General Motors--are considered "too big to fail."
Yes. And that's what I'd like to be. So if you could fork over the billion dollars...
A billion dollars? For one man? Isn't that awfully greedy, Mr. Cohen?
This from a body that allocated $700-billion from money taxpayers like me are donating, then decided that wouldn't be enough? And we don't see a dime of it? Mr. Chairman, wouldn't a billion-dollar allocation to me represent the smallest payout you've been asked to consider?
By far, Mr. Cohen. But consider the number of people a GM employs. Should that company be allowed to go out of business...
They could all go to work for Toyota, and make cars that get 45 miles to the gallon until the electric car is developed enough.
That's an awfully simplistic view of the automotive industry, Mr. Cohen.
Well, I was an English major.
The point is, a huge number of people have jobs dependent on the car companies. What would a billion dollars for you achieve?
Far more than that, Mr. Chairman. If I could afford it, I'd be buying a brand-new house. That gets local construction workers back on the job. I'd probably buy a new car, and if the American companies were making something that I could afford to drive--even WITH the billion--maybe I'd buy one of theirs. I'd hire assistants, accountants, lawyers, support staff. I could promote my books to the point that people would actually buy them, keeping booksellers in business. I could make book trailers, propping up a new industry that's just getting off the ground. Maybe then there'd be a movie deal, and that keeps entertainment industry workers employed. Tom Cruise has to worry about that next $20-million coming from SOMEWHERE, you know.
So your argument is that you would put people to work?
Immediately. Just cleaning up my office would be a full-time job. I have a 10-year-old beagle/basset. Someone has to be on staff just to sweep up the hair on an hourly basis.
And if you don't get this money, Mr. Cohen?
I hate to think of the effect it would have, Mr. Chairman. My son would have to drop out of college because we couldn't pay the tuition. My daughter was planning on attending in two years--that'd be gone. The higher education system might collapse. If I couldn't make a living as a writer anymore, I'd stop using office supply products. Staples could go under. Office Max would be here asking you guys for a handout. I wouldn't be buying such basic supplies as paper. Steve Carell could be out of a job. The implications are enormous. I'm a patriotic American, Mr. Chairman. I shudder to think that my failure could bring down the country.
So what you're saying is that you are...
That's right, Mr. Chairman. Too small to fail.
And unlike the auto manufacturers who came here by private jet, I noticed that you drove up in a two-year-old Prius.
Yes, and I carpooled with the other authors who plan to hit you up for a buck or two. There were four of us in the car. We used the HOV lane and went through EZPass. Whole trip took an hour and a half.
Do you have a plan to turn your business around with the billion dollars you're requesting, Mr. Cohen?
Yeah, I thought I'd take most of that money and buy a Kindle.
For those who just can't get enough of me: I'll be guest-blogging at
The Lipstick Chronicles this coming Sunday, December 21. You can bet it won't be about Christmas shopping. Drop on by!