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Mish's Global Economic Trend Analysis is the #1 Blogger for US Economic Bailout of 2008
Lend For America Plan
Treasury Secretary Henry Paulson has said the money would be used by banks to rebuild their reserves but President Bush will have none of that.
Federal Reserve chairman Ben Bernanke chimed in with "Who needs reserves when you have printing presses?"
I am thinking about the millions of workers who were cut loose by their partners, their government, their businesses, their bosses, their schools, institutions. The rope has been cut. How did this happen. When did it happen? Was it the crash or the Mad(off) men or the shock and awe of the (don'...
Sat, Jan 30 | from Huffington Post