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I like this guy more and more
It was the second time in less than a week that the junior senator from Kentucky blasted Federal Reserve and Treasury Department leadership. On Wednesday, Bunning criticized the Fed for an $85 billion bailout of insurance and finance giant American International Group; he introduced legislation that would strip the agency of its power to use taxpayer money in future bailouts.
"I have said on more than one occasion that I don't think the Federal Reserve can handle the powers they have, and this irresponsible bailout just proves my point," Bunning said earlier this week. "The only difference between what the Fed did and what Hugo Chávez is doing in Venezuela is Chávez doesn't put taxpayer dollars at risk when he takes over companies — he just takes them."
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