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Thursday, October 2, 2008

Senate Passes Bailout of Wall Street

The Senate strongly endorsed the $700 billion economic bailout plan on Wednesday, leaving backers optimistic that the easy approval, coupled with an array of popular additions, would lead to House acceptance by Friday and end the legislative uncertainty that has rocked the markets. (New York, Thursday)

Free market? Ha!

FEE Timely Classic
Full Context by Sheldon Richman