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Three Guesses

Who pays for the new financial regulation bill?

Barack Obama celebrated the passage of the new financial regulation bill yesterday.  So did Chris Dodd and Barney Frank.  And why not?  It’s not as though they’ll have to pay for the new bureaucracies and regulation imposed on the American financial system.  For that matter, it won’t be the bankers, either.  Who pays? Three guesses, and the first two don’t count

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