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Congressional Backbone NeededCongress needs to show some backbone before the federal government pours more money on the financial bonfire started by the arsonists on Wall Street. 1. Congress should hold a series of hearings and invite broad public comment on any proposed bailout. Congress is supposed to be a co-equal branch of our federal government. It needs to stop the stampede to give Bush a $700 billion check. Public hearings should be held to determine what alternatives might exist to the four-page proposal advanced by Treasury Secretary Henry M. Paulson. Posted in Economy/Trade, Politics
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