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" sacar el bazuca"

" sacar el bazuca"

2
votes

How do you translate the expression " sacar el bazuca" ?

1627 views
updated Aug 8, 2011
posted by faliron

3 Answers

4
votes

This originates from Henry Paulson (former treasury secretary of the US) saying that he had a bazooka in his pocket when the US had to save Freddie Mac and Fannie Mae. Same thing has to occur in the peripheral countries in Europe it seems like. Please see the Economist article I liked to below:

WHEN Henry Paulson, America’s then treasury secretary, readied a plan to prop up Fannie Mae and Freddie Mac, two teetering housing agencies, in the summer of 2008, he spoke of having a “bazooka” in his pocket. In their response to the sovereign-debt crisis, Europe’s policymakers have tended to favour the peashooter. Their latest salvo in defence of Greece on July 21st produced some favourable initial reports, but the bang has faded. In a strange inversion of the crisis to date, the new bail-out plan seems to have helped the weaker peripherals and hurt the stronger ones....

http://www.economist.com/node/21524868

updated Aug 8, 2011
posted by relente
Excellent! Thank you. - faliron, Aug 8, 2011
2
votes

Bazuca?! Are you sure they didn't say "basura"?

"Sacar la basura" - to take out the garbage

updated Aug 8, 2011
posted by SonrisaDelSol
1
vote

el país 08/08/2011

"Trichet saca el bazuca y compra deuda de España e Italia"

The complete title of the article.

updated Aug 8, 2011
posted by faliron
Oh, ok, thanks for clarifying. - SonrisaDelSol, Aug 8, 2011
In my country we say "la bazuca". Interesting. - Animalescus, Aug 8, 2011