I’m listening to NPR on my way home from class this morning, and there’s some senator or other talking about the financial free-fall that our economy seems to be taking, when he says:
The government’s intention is to go in there with a quantity of liquidity and securitize those assets.
Securitize?! Is that even a WORD?! Ignoring, for a moment, that I personally think it’s a bad idea, on a colossal scale, for the government to employ public money to save private firms (and keeping in mind here that, while we’re bailing out unethical banking and insurance institutions, we’ve still got a quantity of people in need of federal disaster relief years after their disasters), this administration needs to stop making new words up. It just makes them sound dumb.