HOORAY! The government's done it! They've cleared the books of all toxic assets! We don't need to worry any more! The economy will bounce back! Taxes will decline! Wages will increase! Universal health care will work and we'll all live in that creepy paradise displayed in the Watchtower pamphlets!
UPDATE: It has been brought to my attention that toxic assets no longer exist because we are now calling them legacy assets. The PC pixies strike again.