Author and financial analyst Barry Ritholtz asks all the right questions about the $700 billion Wall Street bailout being proposed by the Bush Administration on his blog, including the following one that caught our attention:
“If we make this inordinate grant of unlimited cash, how can we rein in the budget in the future? How can we…say no to expensive budget items such as Nationalized Health Care, or Infrastructure repair programs or fill in the blank on the grounds they are ‘too expensive?’”
Good question.
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