"Our recent bailout is only $700 billion, a tiny fraction of the
outstanding CDS and not enough to make a tiny tiny dent in the debt
the financial institutions are now holding. So what did our elected
officials just do? They bailed out their campaign donors and gave them
a chance to cash in their chips and leave the game with some cash in
their pockets. "
full: http://www.chron.com/disp/story.mpl/front/6050283.html
Note the Texas Sceptic comment after the article.
Dan
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