Hank Paulson noted the Financial Recovery Program (FRP) won't buy toxic assets but invest in financial firms. Thus the $700 billion toxic asset relief program (TARP) is misnamed. I offer several suggestions to the Bush administration as if searches for a new name:
SADDIE LAY
Sovereign America Defaulted Debt Investment Enema for Limpid American Yokels
BUMBLE
Bogus Underhanded Money Bailout of Landed Elite
BURP
Billions Usurped by Rich People
FECCCA
Financial Enhancement of Corporations on Citizen's Checking Accounts
SAGGING
Sovereign American Glorious Goliath Investment in Noncommittal Groups
I would do one for the real Bush/Paulson strategy, but the word Corporafornication is simply too long.
SADDIE LAY
Sovereign America Defaulted Debt Investment Enema for Limpid American Yokels
BUMBLE
Bogus Underhanded Money Bailout of Landed Elite
BURP
Billions Usurped by Rich People
FECCCA
Financial Enhancement of Corporations on Citizen's Checking Accounts
SAGGING
Sovereign American Glorious Goliath Investment in Noncommittal Groups
I would do one for the real Bush/Paulson strategy, but the word Corporafornication is simply too long.
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