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Paul Krugman: Another Bank Bailout

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opednews.com Headlined to H3 6/10/12

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Oh, wow -- another bank bailout, this time in Spain. Who could have predicted that? The answer, of course, is everybody. In fact, the whole story is starting to feel like a comedy routine: yet again the economy slides, unemployment soars, banks get into trouble, governments rush to the rescue -- but somehow it's only the banks that get rescued, not the unemployed.

Read the rest of the story HERE:

At www.nytimes.com

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