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Uncle Sam's Bank Venture Risky But Will Pay When Credit Crisis Ends
Now that American taxpayers have committed hundreds of billions of dollars to save the banking system, it's appropriate to assess what they are getting for their investment. ...more
November 1, 2008
Bailout Money Uses Just Keep On Shifting
First, the $700 billion rescue for the economy was about buying devalued mortgage-backed securities from tottering banks to unclog frozen credit markets. ...more
October 26, 2008
McCain Plan Calls For Tax Cuts
Sen. John McCain, echoing both Sen. Barack Obama and Republican orthodoxy, proposed a $52.5 billion economic plan Tuesday that would eliminate taxes on unemployment benefits and cut the capital gains tax. He warned voters about taking a chance on his Democratic rival. ...more
October 15, 2008
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