Hooray for House Republicans!

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House Republicans "have tried to fashion an alternative plan that, instead of relying heavily on taxpayer money, could let banks buy insurance for the troubled assets weighing down their books."

Say it again! A plan that doesn't rely on taxpayer money! A plan that has Wall Street banks who took extreme risk paying for those decisions instead of me!

I pray our elected officials can withstand the temptation to "do something" and instead, do the right thing.

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This page contains a single entry by Nick Kirsch published on September 26, 2008 6:33 AM.

403 fax pages sent, more to come was the previous entry in this blog.

If this is a liquidity problem, why is the Funds Rate at 2%? is the next entry in this blog.

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