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    Whatever populist anger there is should rightfully be directed at the Bush administration and former Treasury Secretary Henry Paulson, DeLong says. "Had we wanted policies that transferred less taxpayer money to Wall Street, we should have had people other than George W. Bush and Henry Paulson sitting in the hot seats in the fall of 2008.... For Paulson, the game was to stop depressions without risking 'socialism' -- and minimizing the transfer from the federal Treasury to high finance was a second or a third-order concern for him." But when it comes to the big picture, the voters in the Hart Research survey quite accurately saw the way the world works: When everyone from bankers to laid-off assembly line workers line up for a hand from the feds, the bankers go to the head of the line. Full Article at Huffington Post
    Had we wanted policies that transferred less taxpayer money to Wall Street, we should have had people other than George W. Bush and Henry Paulson sitting in the hot seats in the fall of 2008.... For Paulson, the game was to stop depressions without risking 'socialism' -- and minimizing the transfer from the federal Treasury to high finance was a second or a third-order concern for him.
    SOURCE: Huffington Post 1 month ago