This is quite fun. From Harper’s magazine: “Poetry Bailout Will Restore Confidence of Readers”, by Charles Bernstein:
As you know, the glut of illiquid, insolvent, and troubled poems is clogging the literary arteries of the West. These debt-ridden poems threaten to infect other areas of the literary sector and ultimately to topple our culture industry.
Cultural leaders have come together to announce a massive poetry buyout: leveraged and unsecured poems, poetry derivatives, delinquent poems, and subprime poems will be removed from circulation in the biggest poetry bailout since the Victorian era. We believe the plan is a comprehensive approach to relieving the stresses on our literary institutions and markets.
Though as Bernstein is quick to add, “the fundamentals of our poetry are sound”.
Anyway, if I remember correctly, the poetry bailout already happened a few years ago…