Friday, April 25, 2008

US taxpayer on the hook for all of Wall Street's credit losses

Ilargi: Yeah, why not? Once you nationalize the entire industry (or their losses), there's little reason to have them continue to pay taxes over their profits, right?Anyway, it's not as if the US government needs the money or anything. And if they do need some cash to raise some cane on a faraway plain, there's always you. Wall Street is having a hard enough time as is. It's time for you to do

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