Bailout Watchdog Says Treasury and Fed Knew Bailed-Out Banks Were Not Healthy
Michelle Malkin blogs it. Via Memeorandum. Background: "The War on Watchdogs," September print issue, The American Spectator.
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Some of the banks were/are weak.
ReplyDeleteNext you'll tell us that the sun rises in the East!
The fact that Bernanke and Paulson were lying through their teeth when they made that announcement doesn't come as a shock.
What IS shocking is that those two orangutans actually expected us to believe them.