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{ 2008 09 26 }

Kudlow on the Convergence

At NRO:

The single-biggest mistake in the Paulson bank-rescue-plan marketing effort has been the failure to explain clearly how taxpayers are going to recoup $700 billion used to buy toxic assets at auction in order to unfreeze the banking system. In other words, folks don’t understand how taxpayers will be paid back, and may actually make profits, which will enable the new government debt to be erased after the Treasury bank-rescue is completed.

Posted by Charlie on Friday, September 26, 2008, at 14:53 (@662). Filed under In Passing. Follow any responses to this post with its comments RSS feed. You can post a comment or trackback from your blog.

{ 1 } Comments

  1. shellbell858 | 2008-Sep-29 at 14:36 (@650) | Permalink

    You can’t possibly maintain a Palin Rumor list as long as your’s and still think public perception changes in the face of facts?

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