Crimea River

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Monday, September 29, 2008

Congress releases bailout plan


Congress has released their bailout plan to forestall the Great Depression, Part II.

My favorite language of the bill so far is the name of the bailout plan:

“(8) TARP.—The term ‘‘TARP’’ means the troubled asset relief program established under section 101.”

Isn’t a tarp something you throw over old boats and camper shells sitting out in the backyard so they won’t get wasted away by the elements, even though you hardly ever get to enjoy using them anymore, but you’ve had them forever and you just can’t get rid of them? -- KT

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