U.S. WILL 'PAY . . A LONG TIME'FOR BAILOUTS, AUTHOR SAYS

AMERICAN SPECTATOR: The American economy will suffer "a long time" as a result of last year's federal bailout of the financial industry, according to Johan Norberg, author of a new book about the policies that caused the banking meltdown. . . . "The bailouts . . . the debts -- we won't be able to pay them back. We're going to pay for it for a long time . . . READ MORE