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To: caveat emptor
The bill is about to die a quiet death-by-committee in the Senate. It will never pass Constitutional muster, but more importantly, it's proving an obstacle in investor confidence regarding Geithner's new "bank bailout."

Potential investors (whoever they may be) are afraid the same type of populist faux-rage will be ginned up by the out-of-control Congress if they dare to make money on buying those toxic "legacy assets."

The bill served its purpose for Obama: channeling public outrage away from the government's corruption and uncontrolled spending/taxation to class warfare against the so-called "greedy."

32 posted on 03/25/2009 3:34:32 AM PDT by browardchad
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To: browardchad
The bill served its purpose for Obama: channeling public outrage away from the government's corruption and uncontrolled spending/taxation to class warfare against the so-called "greedy."

That's for sure. And I hope you're right on the first part.
36 posted on 03/25/2009 10:03:06 AM PDT by caveat emptor
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