"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Obama Treasury Pick Means Small-Dose Change
?Geithner repeated, over and over and with much detail, his case that the Bear Stearns deal was made with taxpayer interests in mind, and with the intention of avoiding the ?moral hazard? of a bailout that would reward dangerous risk-taking.?
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