" sacar el bazuca"
How do you translate the expression " sacar el bazuca" ?
3 Answers
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, Americas 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, Europes 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....
Bazuca?! Are you sure they didn't say "basura"?
"Sacar la basura" - to take out the garbage
el país 08/08/2011
"Trichet saca el bazuca y compra deuda de España e Italia"
The complete title of the article.