Wednesday, October 01, 2008

Semantics

Call it what you will.  A bailout or a rescue, they both essentially mean the same thing, though rescue more prescisely defines the state’s role if indeed the state intercedes in the financial markets.  To wit,

a: to take (as a prisoner) forcibly from custody b: to recover (as a prize) by force c: to deliver (as a place under siege) by armed force

The Associated Press is freely utilizing both rescue and bailout.

Bold by ed.

Posted by John Venlet on 10/01 at 08:16 AM
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