At least they won't call it a bailout. They'll come up with another nonsensical term for it.
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When you can change the definition of things at your whim, or create new terms, nothing ever sounds bad! sigh
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"Monetary boost"
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And the winner is….. “Backstop”
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This is govt double-speak for "deploying capital, steady lads"
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I think they are going to pull some shit where the State of California backs the bank. From therenthe Feds can filter the money back to Cali any way they like.
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Yellen has no say if the house votes on it, or all of the congress. She is trying to save face for the executive branch to say they were against it.
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