Secretary Paulson has abandoned his brilliant idea of having the Treasury Dept. to buy up all that "toxic waste" that was floating around. It sounded crazy to begin with to me, and now he must have re-thunk it. You know how the right-wingers keep yelling out "redistribution of wealth" - well, this plan would have been a "redistribution of risk"
November 13, 2008
Paulson Changes His Mind
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