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Liberals Are Cool: Big Banks Profit From The Instability They Create

The credit ratings agency Moody’s recently downgraded Bank of America, Wells Fargo and Citigroup because the agency saw the likelihood of a bailout decrease from certain to “very high.” These banks’ credit is rated higher than they would be in a free market, meaning they profit from the…

(Source: campaign2012.washingtonexaminer.com)

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