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Royce Discusses Bailout Vote
Oct 3, 2008
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Today, I voted no on the $700 billion bill to bail out failing financial institutions. While I believe the underlying problems in our economy are serious and need to be addressed, the bill put forward did not do enough to protect taxpayers and did not enact the reforms needed to prevent similar econ...
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Royce Oped: Inevitable Collapse
Sep 26, 2008
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The following oped, Inevitable Collapse by Royce appeared in today's Washington Times.
Much of the debate in Washington lately has focused on the Treasury Department's proposal to address the current market turmoil through a $700 billion program. While overleveraging and poor inve...
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"Desperate Straits of Fannie, Freddie Triggered Their Seizure" from Wall Street Journal
Sep 26, 2008
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By Jessica Holzer from the Wall Street Journal -- The regulator of Fannie Mae and Freddie Mac told lawmakers Thursday that the federal government seized control of the mortgage giants after they said they wouldn't be able to raise more capital without financing from the U.S. Treasur...
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