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Bailout Explained

Bailout based on two promises of maybe

Let’s cut the B.S. on the bailout. The proposed government bailout is based on two government promises of maybe:

1) The taxpayer might recover some of the 700 billion someday;

2) Once banks bad debt is purchased with taxpayer money, the banks might loan some of it back to the people who paid the banks’ debt in the first place.

Read the complete article, Bailout Explained, at Liberty Stop.

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