ACRONYMS, LET ME SHOW YOU THEM

(h/t Thomas Avery)
The Fed’s Troubled Asset Relief Program is lucky enough to have “TARP” as its acronym, which reminds me of the thing that was thrown over my house by the Army Corps of Engineers after Hurricane Charley. Which wasn’t an actual fix, it was just intended to stop a few leaks til a shitload of money was ponied for a new roof. Not really reassuring, guys.
ETA, a few posts on new Troubled Asset Relief Program action:
Neel Kashkari takes the helm at TARP
1,800 banks apply to the program
GM begs for funds, fails
Cuomo calls bonuses at firms receiving Troubled Asset Recovery Program funds illegal under NY law
Dana Perino wants the TARP funds lent out, already
If you can’t get any liquid out of TARP, try the CPFF



donna // Sep 24, 2008 at 10:59 am
Where is Admiral Ackbar when you need him?
Nemo // Sep 24, 2008 at 12:04 pm
I am still partial to “Taxpayer A**-Rape Program”, myself.
Stud Lee // Sep 30, 2008 at 3:04 am
It’s a TRAP!
“Troubled Richpeople’s Asset Protection
naas-T // Oct 3, 2008 at 8:50 pm
I thought it as so named cause that’s what we’ll all be living under by this time next year.
–T
LOLFED » All Aboard The Failboat: National City Edition // Oct 24, 2008 at 9:04 am
[...] IT’S A TARP! Good going, PNC. National City, nice to have known ya. Add to: Kashkari Throws A Big TARP Over Everything [...]