Funny how all the media decided to call overvalued bonds "toxic." Not stupid, not reckless, not worthless, but poisonous. The implication is that the banks are somehow not at fault; they were poisoned.
Toxic comes from the Greek, meaning a poison into which arrows were dipped. It is the Fed's boom, and the attempt to keep failing institutions in business through potential hyperinflation, that are poisoned arrows aimed at our freedom ahd prosperity. The shooters are the Fed, the Treasury, and the plutocracy. The response: the shield and buckler of liberty.
