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The Mother of All Nationalizations

September 21, 2008

Congress is about to nationalize huge portions of the credit and insurance sector at the sound of 700B. How are they going to pay for this? Will they have to reduce spending drastically in some of their other endeaviors? Is nationalization of the health-care system now completely out of the question? Are they going to cut the Department of Education? Something’s gotta give.

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From → Economics, Government

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