THURSDAY OCTOBER 09
US Steals From Britain's Playbook

Now that Brits have gone THERE (snapping up ownership grubstakes in the big banks) Treasury Secretary Hank Paulson is realizing the coast is clear for him to do the same. If anyone squawks, he can just point to Britain, where taxpayers are already shouldering a burden well beyond $30,000 each (and with a lot less whining, we might add). Compared to that, the tax burden on Americans is still small fries. Here’s how this plan might work.

October 2008

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