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To: HAL9000
"My fellow Americans:

By the end of this week, I hope to sign the Paulson-Pelosi-Dodd-Schumer Financial Security and Saving the Children Act of 2008.

This act will create a new, taxpayer backed investment vehicle which is comprised of assets purchased from struggling financial institutions.

The new asset class, in recognition of its long term value to the American taxpayer, will be entitled the "Secure Housing Investment Trust"."

11 posted on 09/24/2008 10:47:54 AM PDT by Notary Sojac (I'll back the bailout if Angelo Mozilo lets me borrow his Lamborghini on Saturday nights.)
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To: Notary Sojac
The new asset class, in recognition of its long term value to the American taxpayer, will be entitled the "Secure Housing Investment Trust"."

Nice acronym.

73 posted on 09/24/2008 12:31:35 PM PDT by JEH_Boston (There's a landslide coming.....)
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To: Notary Sojac
[The new asset class, in recognition of its long term value to the American taxpayer, will be entitled the "Secure Housing Investment Trust"."]
 
Will this trust be managed by (former) NyLon financial wizards who've undergone years of Super High Intensity Training?

369 posted on 09/24/2008 10:02:53 PM PDT by LomanBill (A bird flies because the right wing opposes the left.)
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