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Kashkari, Paulson, WH Blamed for Helping Wall St. and Hurting Main St.

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Sheila Samples

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Republicans and Democrats on the panel blasted Neel Kashkari; his boss, Treasury Secretary Henry Paulson, and the White House for pushing Congress to approve $700 billion to buy troubled mortgage assets, only to switch course weeks later and commit $250 billion to banks and other financial institutions. Wall Street got helped while millions of Americans lost their homes and their jobs.

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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.

Related Topic(s): Bailout Rip-off; Banks; Main Street; Paulson; Wall Street, Add Tags

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