Bailout Politics

By Thomas Sowell - September 30, 2008

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Nothing could more painfully demonstrate what is wrong with Congress than the current financial crisis. Among the Congressional "leaders" invited to the White House to devise a bailout "solution" are the very people who have for years created the risks that have now come home to roost. Five years ago, Barney Frank vouched for the "soundness" of Fannie Mae and Freddie Mac,...

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Thomas Sowell

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