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The Paulson-Bernanke Bank Bailout: Will the Cure be Worse than the Disease?


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Saturday's $700 billion junk mortgage bailout is the largest and worst giveaway since a corrupt Congress gave land grants to the railroad barons a century and a half ago. If it goes through, it will shape the coming century by giving finance unprecedented power over debtors - homebuyers, industry, state and local government, and the federal government as well.

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