Hank Paulson Gives Up Buying Toxic Assets, Will Now Give Money To, Who Knows, Rats?
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Treasury Secretary Hank Paulson announced a major shift today in the Troubled Asset Release Program (TARP!) -- or, as the kids call it, "n00bama bailout $ocialism" -- and we do not necessarily know to what the shift is. We know from what Hanky is shifting away, though, and that is the plan to buy toxic mortgage-related assets from financial institutions so as to loosen credit and save America. You may recall this instrument Hank is now abandoning: it was
Hank Paulson Gives Up Buying Toxic Assets, Will Now Give Money To, Who Knows, Rats?
Hank Paulson Gives Up Buying Toxic Assets…
Hank Paulson Gives Up Buying Toxic Assets, Will Now Give Money To, Who Knows, Rats?
Treasury Secretary Hank Paulson announced a major shift today in the Troubled Asset Release Program (TARP!) -- or, as the kids call it, "n00bama bailout $ocialism" -- and we do not necessarily know to what the shift is. We know from what Hanky is shifting away, though, and that is the plan to buy toxic mortgage-related assets from financial institutions so as to loosen credit and save America. You may recall this instrument Hank is now abandoning: it was