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Thread: Obama considering government-run 'bad bank' for decaying assets

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    Obama considering government-run 'bad bank' for decaying assets

    What Bush hath giveth...........

    Obama giveth too.

    While Bush was in office, I called his administration the Bushneviks, and for very good reason. It is now only fitting that I give Obama his due, in continuing the trend of appropriate names for presidential administrations. Tuesday, the Obamunists take over.

    Article is here.
    The ghost of Jack Kevorkian for President's Physician: 2016

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    Re: Obama considering government-run 'bad bank' for decaying assets

    Great another wasteful government program which will do nothing.

    This though:

    One of the sources said options being considered by Obama's team included the creation of a single national "bad bank," individual institutions to specialize in different asset classes, "bad banks" within existing large private banks, or some combination of the three.
    Reeks of fascism.
    Jackboots always come in matched pairs, a left boot and a right boot.

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