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Does anyone actually believe the government thinks through these massive bailouts?  Or do they jam a 600 page bill through Congress overnight and see what sticks? The unintended consequences are usually worse than the original problem as the government ignores The Moral Hazard and opens up the System to fraud.

Posted by Jon On 08/10/2010 at 1:08 am
 
cartoon Thumnail

Rescue Bill

Category: Government Regulation 1002 Views
 
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