John McCain supports Bush's wiretapping, and will also spy on Americans!

by Thomas J. Belknap Bear Stearns Bail-out: Well, That Ain’t Good

Whenever you hear about financial institutions being bailed out using “Depression-era procedure,” that’s something that should probably raise the red flag:

Talking Points Memo | Fed pledges to supply cash

The Federal Reserve invoked a rarely used Depression-era procedure Friday to bolster troubled Bear Stearns Cos. and said it will provide even more help to combat a serious credit crisis.

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