Friday, October 10, 2008

Bob Barr: Wall Street Benefits Twice from Bailouts

Senator John McCain attempted to disguise reality by calling the $700 billion Wall Street bailout a “rescue,” but it’s obvious that the only people he and his colleagues were rescuing were the executives who had made bad investment decisions, as well as the politicians who had pushed increased mortgage lending, irrespective of cost.

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11-15-2024

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