Saturday, April 26, 2008

Paulson's 'Civic Robbery' to Finance Hyperinflation

On March 31st, Treasury Secretary Hank Paulson announced the laying of the government’s foundation for the next big financial bubble, heralding an era of hyperinflation....The proclaimed financial "modernization" plan, increases Fed oversight of the financial industry. But it also makes the Fed — and the taxpayer — the lender of last resort.

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