"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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