Paulson May Seek Next $350 Billion in Financial-Rescue Funds

Paulson could soon exhaust the first $350 billion with the bailout that President George W. Bush’s administration has pledged for General Motors Corp. and Chrysler LLC. The Treasury chief is discussing with aides strategies to seek congressional approval for the rest of the Troubled Asset Relief Program, people familiar with the deliberations said….

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Source: infowars

What the collapse of the domestic auto industry would mean to the United States.

What the collapse of the domestic auto industry would mean to the United States.