Sunday, September 21, 2008

Bush and Congress allocate $700,000,000,000 for bank bailout

The Bush administration asked Congress on Saturday for the power to buy $700 billion in toxic assets clogging the financial system and threatening the economy as negotiations began on the largest bailout since the Great Depression.

Each taxpayer now owes $81,884 to America’s creditors.

Posted by Rob Shvern at 00:27:57
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One Response to “Bush and Congress allocate $700,000,000,000 for bank bailout”

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