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Barney Frank On Auto Bailouts, Tells 60 Minutes A Bailout Would Help People, Not Companies

Daily Pundit found this 12/12/2008 on cbsnews.com

(CBS) Propping up ailing car companies is not what the government's bailout for Detroit's car makers is really about, says the man in the middle of the controversial plan. Barney Frank (D-Ma.), chair of the House Financial Services Committee, insists it is about the individual - saying the ...