Credit Cards and the Bailout - The American Spectator | USA News and Politics
Credit Cards and the Bailout

Another thing I should have mentioned about Paulson’s testimony is that he left the door open for the possibility that in addition to mortgage securities, the bailout could include credit cards, student loans, and auto loans. (U.S. consumer debt — excluding mortgages — is $2.6 trillion.) While he wouldn’t say so directly, he kept emphasizing that though troubled mortgage assets were the main problem, he’d want the flexibility to also purchase investments in other asset classes as part of the overall plan to restore liquidity to the market. This raises serious questions about the potential for mission creep that he didn’t have a clear answer for today.

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Stop the Inflation Grinch From Stealing Christmas!

That’s right, the Grinch (Joe Biden) is coming for your pocketbooks this Christmas season with record inflation. Just to recap, here is a list of items that have gone up during his reign. 

Gas: 40%+
Beef: 20%+
Used Cars: 20%+
Lodging: 17%
Eggs: 13%

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The Grinch Stole Christmas Sale
Commander-in-chief of Christmas inflation