Texas PolicyCast: Bailing out on freedom

This week, Congress is considering a financial system bailout that would give the U.S. Treasury Secretary the authority to buy up to $700 billion of bad debt off of Wall Street balance sheets. But will this plan shore up our wobbly economy and calm our turbulent credit markets, or will it kill the value of the dollar and set off a vicious inflation spiral? And even more importantly, what effect will this plan have on our freedom? To probe these questions, we bring you a conversation with Jeff Sandefer, president of Sandefer Capital Partners, teacher at the Acton School Business, and a member of the Texas Public Policy Foundation board of directors.

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