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Monday, September 22, 2008

Bush administration thinks US taxpayers should bail out foreign banks too


Wow. I can't wait to hear how excited middle class communities in the heartland of America are to fund institutions such as Phil Gramm's elite Swiss bank UBS or a British bank that sends out its CEO who sounds like royalty and probably is. I don't recall my neighbors in Ohio caring much for the East Coast types so giving cash to support foreign workers who make more in a year than many in a lifetime sounds like a hard sell.

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