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	<title>The Institute for Economic Democracy &#187; Banking</title>
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	<description>Sustainable World Development -- Elimination of Poverty and Wars</description>
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		<title>An Open Letter to President Barack Obama&#8217;s Economic Recovery Team: Full and Equal Rights and a Quality life for All</title>
		<link>http://www.ied.info/blog/1247/hank-paulson%e2%80%99s-and-ben-bernake%e2%80%99s-gamble-with-unlimited-creations-of-money-stopping-the-financial-crash-in-its-tracks-and-restructuring-to-full-and-equal-rights-and-a-quality-life-for</link>
		<comments>http://www.ied.info/blog/1247/hank-paulson%e2%80%99s-and-ben-bernake%e2%80%99s-gamble-with-unlimited-creations-of-money-stopping-the-financial-crash-in-its-tracks-and-restructuring-to-full-and-equal-rights-and-a-quality-life-for#comments</comments>
		<pubDate>Sat, 17 Jan 2009 19:00:12 +0000</pubDate>
		<dc:creator>jwsmith</dc:creator>
				<category><![CDATA[Bail Out]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[Economic Democracy: A Grand ...]]></category>
		<category><![CDATA[Economic Efficiency]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Fundamental Economics]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Government Watch]]></category>
		<category><![CDATA[World]]></category>

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		<description><![CDATA[By J.W. Smith With the world economy still imploding the U.S. Treasury Secretary Hank Paulson and Federal Reserve Chairman Ben Bernanke pulled out all stops. The Federal Funds rate was dropped essentially to zero and they declared their intention to recapitalize financial institutions through buying up their worthless debt, taking an ownership position through buying [...]]]></description>
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