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View Diary: God bless the Fed, that's got its own... (7 comments)

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  •  Nothing wrong with TALF (0+ / 0-)

    I like the TALF plan and I wish they would expand it rather than bailout the banks.

    The TALF is a way to bypass the banks and lend directly to people (mostly businesses) who need it.  This is money that will get repaid.  They are short term loans with low risk that will cost taxpayers little or nothing.

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