The bailouts of banks, mortgage lenders, and insurance companies by the federal government will now cost American tax-payers about a half-trillion dollars. This according to Neil Cavuto of Fox News. But, according to Congressman Ron Paul, it could be considerably more.Congressman Paul rightfully points out that the best course of action by the federal government should have been no course of action at all.
Watch the video for more.
Half a Trillion?.........No Problem!
Thursday, September 18, 2008 by Unknown
Filed under
Critical Thinking,
Economics,
Gov't Incompetency,
Gov't Regulation,
The Fed,
Wall Street
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