Date registered: Sep 2004
Vehicle: 83 Astral Silver 280 SL
Location: Planet Houston
Mentioned: 0 Post(s)
Quoted: 7 Post(s)
Partly, but the market was looking for a "Toxic Bank" entity to be created. I think (who the fuck knows anyway?) TARP just hands em money to cover their immediate losses. They want a place to dump their trillions in bad paper before it comes due. Can I interest you in Feel The Love's special on FTL Credit Default Swaps? They're a bargain!
Recall that earlier generations faced down fascism and communism not just with missiles and tanks, but with sturdy alliances and enduring convictions. They understood that our power alone cannot protect us, nor does it entitle us to do as we please. Instead, they knew that our power grows through its prudent use; our security emanates from the justness of our cause, the force of our example, the tempering qualities of humility and restraint.
-President Barack Obama, 1st Inaugural address