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Bailouts to local govts and also foreign authorities
Andy McCarthy on National Review’s Corner points out, The scheme “[a]llows the government to purchase troubled assets from pension plans, local governments, and small…
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Hurry up with that exchange
Credit default swaps remain a large part of this financial crisis, with some analysts crediting the failures in the $58 trillion market as more important…
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Beachcombing on the Bailout
Here are a few treasures I found this morning: Kathryn Jean Lopez on National Review Online points out that some of the 20% of…
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More, thicker, and earlier Arctic Ice
Where was the press release from National Snow and Ice Data Center? In the past they had these breathless ones: “Arctic Sea Ice Reaches Lowest…
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The new 4th branch of government
I’d rather my government individually bail out each institution that is “too big to fail” and let the smaller imprudent ones fall, sending them a…
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