Thursday, November 13, 2008

Taxpayers Invest in America's Sovereign Debt Fund


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.

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