How Does a State of “Permanent Bailout” For the Banks Sound to You?
December 3, 2009 at 4:44 PM Leave a comment
If passed as it is, the financial reform bill winding its way through Congress will create a “permanent bailout mechanism,” and will give complete control over future bailouts to the White House, says columnist Matt Taibbi.
No. At the very least, we must have checks and balances. We cannot permit the White House to have complete control over doling out our money.
(Tearing hair out.)
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