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United States Secretary of the Treasury

Commentary

Bailout Economy Has Roots In Obscure Law

by Rob K. Blake | May 31, 2009

Many believe the mortgage and housing crisis which triggered an impending financial system meltdown according to the former Treasury Secretary, Hank Paulson, would need a Congressional “blank check” to avert disaster. At least, that is what Ben Bernanke and Mr. Paulson told Congress who then gave them the “bailout bill” including the $750 Billion asked [...]

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