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Yielding Wealth | Personal Finance

by miranda on September 20th, 2008

The New York Times is reporting that the government is requesting $700 billion to bailout Wall Street.

Naturally this means that the national deficit ceiling is going to rise. (Is there any reason we have a ceiling?) And taxpayers are on the hook.

I just hope they use some of the money to do something useful - like build infrastructure. But I doubt it.