Tag Archives: bailout

E.U. Chain of Custody

May 12, 2010   bailout, Economy, Foreign, Stimulus

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The busy beaver U.S. Treasury is consulting on the side. It advised the European Union on the benefits of bailouts. Here’s the NY Times story. And here’s a link to George Will on the chain of fools. He says, “Bailing out Greece really rescues European banks that improvidently bought Greek bonds”.

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