- TARP II HAS AN ACTUAL NAME!: Our Government Money People were at least smart enough to realize that sequels almost always fail to live up to originals, so — knowing how well original TARP has performed so far (yikes!) — they have avoided calling the new $800 billion money bonfire “TARP II,” which probably would have resulted in the immediate nuking of everyone. Instead, it is playfully called the “Term Asset-Backed Securities Loan Facility (TALF).” Ha ha, “Securities” was cut out because it would’ve ruined the acronym. Anyway: Insider beltway gossip suggests that TARP has already developed a gay thing for TALF. Go get ‘em, TARPy. [Federal Reserve]
Read More:
- United States Government Unveils 'TARP II: THE CURSE OF BERNANKE'S GOLD'
- Hank Paulson Gives Up Buying Toxic Assets, Will Now Give Money To, Who Knows, Rats?
- TARP-related Treasury Documents Offer New Reasons For Americans To Distrust All Authority
- Obama Rakes In Big Profits On Wall Street Bailout
- Tim Geithner Suffers Through Late-Night Meeting With Angry Democrats
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<—totally lost
TANSTAAF TALF.
TALF???? More like FALF!!!?
Wow. As soon as I opened the link, I fell asleep.
[re=185772]bitchincamaro[/re]: Oh come on! Federal Reserve press releases are the new Obama!
“TARP II: Electric Boogaloo” was the obvious choice.
Or “Bride of TARP.”
TALF?? A Termed Asset I’d Like to Fuck?
Ok then.
[re=185775]Jim Newell[/re]: Wonkette would have way better material if everyone voted for McKinney like I told them to… Just sayin’.
Why don’t they just call it “RAPE” or something?
Should be TALC – Traitorous Assholes Lacking Competence
Next up:
Term Asset-Backed Securities System to Help Overcome Liability Exposure.
Yep, ASSHOLE!
I’d like to get a naked Anne Coulter down on a TARP and show her whats what.
TARP has already developed a gay thing for TALF
Ok, but who’s on top?
Totally All Likely Fucked.
They should’ve called it Temporary Housing Impact Viability-Enhancement Solution
Dammit.
Temporary Housing Impact Emergency Viability-Enhancement Solution
This is just Obama’s socialist plan to burn all the money in America, so we can all start over with the barter system of beads and wampum and such.
Sounds more like Facility for Asset-backed Ill-considered Loans, if you ask me.
Do you ever wonder who comes up with these names? Do you think that someone is getting paid $60K+ a year to create names that can be turned into cute little acronyms? Are they decided in a committee? Do they come to Paulson in a dream? How?
TARP II: The Wrath of Paulson
Instead of trying to reduce overnight lending rates in the hope of influencing longer-term interest rates for things like mortgages, the Fed is directly subsidizing lower mortgage rates. It is doing so by printing unprecedented amounts of money, which would eventually create inflationary pressures if it were to continue unabated. NYT
OMFG. They are going to run the printing presses night and day. Now we can be a banana republic, with Osama bin Obama as our Generalissimo, as we move cash to the supermarket in wheelbarrows.
Might I suggest:
Tarp II: The Revenge
And then:
Tarp III: The Final Chapter
Followed by:
Tarp: Resurrection
Followed by:
Alien vs. Tarp
[re=185816]lenorecutie[/re]: How do they come up with these ‘nyms? They have a brainstorming session with all their top hotshot bureaucrat honchos: “Let’s call it ‘SABLET’–”No, too much like ‘tablet.’ It will remind people of an aspirin or maybe a placebo.” “Okay then, let’s call it “SLAFT,” and leave the ‘B’ out.”–”No, it sounds like a combination of ‘slut’ and ‘Taft,’ and we don’t wanna remind peole of that stuff….etc.
I’m waiting for the bailout entitled MILF.
Our first program was called TRAP, and its motto was
“candy, little girl?”
But we discovered it just didn’t go far enough, and so we have unveiled
a new program we’ve named PITT.
The motto we’ve chosen for this new program is
“It rubs the lotion on its skin, or else it gets the hose again”.
Troubled Asset Relief Deployment.
I am definitely not wonky enough to understand this post. But I shoplifted a steak today by placing it between my loins and just walking out of the store…
I would totally bone TALF’s MILF.
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