End the Bailouts and Protect Capitalism

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					End the Bailouts and Protect Capitalism
Brian Darling
Human Events; Mar 23, 2009; 65, 11; Docstoc
pg. 13




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Description: Another senator advocating a coursechange on bailouts is Sen. Jeff Sessions (R.Ala.) who said on the Senate floor: "The more we proceed with policies whereby the government owns 80% of the stock of a private insurance company - having poured $170 billion of our wealth into it- the more we are inevitably compelled to direct how the company operates, to the point of deciding who their executives should be, what the company's salary scale should be, or what aircraft it can or cannot nave or where or what kind of corporate retreat they may have, and whether or not it can pay bonuses." According to The Heritage Foundation, "these possible moves, however, would likely exacerbate rather than ease the current financial problem."
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