Changing the BARF (Bad Asset Relief Fund) Terminology

***Wondering about the temporary change in format? Click HERE.***

Take Two on Geithner’s Toxic Mortgage Plan
(FROM: Businessweek)

My goodness, why didn’t we think of this sooner? The reason we haven’t been able to get credit flowing and turn this economy around is because nobody wants to buy “toxic” assets. Maybe if we call them “legacy” assets instead, people will jump at the opportunity. Yeah, that’s it. Just like Homeland Security Secretary Janet Napolitano referring to “man-caused disasters” instead of “terrorism” will suddenly make the danger of fundamentalist Islam disappear, or referring to “undocumented workers” instead of “illegal immigrants” will suddenly return the billions of dollars we all spend to clothe, feed, educate, incarcerate and shelter people who are breaking the law simply by setting foot on American soil.

Let’s just re-name the problem, and it will go away. Gosh, this whole practice reminds me of something, but I just . . . can’t . . . put my finger on it. Oh, maybe this is it:

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Comments

  1. dc says:

    Could be that his TelePrompTer has told him to do other things (like his buying a Rainbow Play System for 15K) instead of ‘acting’ like a real President and spending time at work.

    http://newsbusters.org/blogs/mithridate-ombud/2009/03/23/playground-you-can-believe

    “There’s gotta be a little gallows humor to get you through the day,” Obama said, with a laugh.

    Gallows: a structure, typically of two uprights and a crosspiece, for the hanging of criminals.
    • ( the gallows) execution by hanging

    Now, what is funny about that? Goes to show his dark humor and pit of Hell mindset.

  2. RONNY RENAMER says:

    He's renaming everything!!! Such a history of it…..
    Barry > Barack
    Soetoro > Obama
    Kenya > Hawaii
    Islam > Black Theology

    verification word: pessed

    As in "I am so pessed at this guy"

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