Making an Issue of the Bailout

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The Institute for America's Future has taken out an ad in The New York Times and on several blogs today called "Banksters Run Amok." Using some of those old-timey kidnap letters, the ad reads: "Give us $85 billion or the economy gets whacked." And if you're a bit too obtuse to get the point, the ad goes on to state: "It turns out that last week's emergency bailout of once-mighty AIG was chump change. Now Wall Street is extorting another $700 billion from the taxpayers to cover their losses." Click here for full-size ad. Blame who you want for the mess, but the ad should remind those in the financial areas that the rest of the country isn't smiling about the prospect of bailing out Wall Street players.