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Updated: 11:09 PM Sep 29, 2008
Wall Street Bailout 101
Our economy is on even shakier ground after the U.S. House of Representatives shoots down a $700 billion financial bailout package. We go back to school, to explain the ABC's of what the bailout's failure means for us.
Posted: 11:09 PM Sep 29, 2008Reporter: Alice Barr |
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Our business and political leaders have turned our economy into some weird mutant Ponzi scheme, while destroying the earning power (and consequently the consuming power) of too many blue-collar Americans. We are not getting out of this without more suffering. Let them suffer with us.
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