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Such unconditional, general-purpose, non-transparent, undisciplined sources of cash, obtained at an inexpensive rate, lent themselves nicely to underwriting a range of foreign policy and security priorities that might otherwise have been unsupportable.
CENTERFORSECURITYPOLICY: Center For Security Policy
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And conservatives everywhere are relooking at the role of central banks as they morph from lenders of last resort to effectively underwriting - some say controlling - fiscal policy.
BBC: Central banks are part of the state
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After graduating with a masters in public policy from Berkeley, she worked for the New York City Housing Preservation Department, underwriting its programs for affordable housing.
FORBES: Life After Wall Street