Stop the Bail-Outs NOW!Quicklink submitted by chris rice Permalink
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|Is it coming? If it happens, it will be because of what Congress DOES, not what it does NOT. WARNING: Buried in the draft revisions on The Banking Committee's web site is an obscure change to another law that allows The Fed to set bank reserves to ZERO! If this is done it gives banks infinite leverage and WILL ultimately result in the failure of our banking system.|
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