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"The Federal Reserve was not founded to bail out Bear Stearns or a few hedge funds. It was founded to keep a stable currency and maintain its value."

— Jim Rogers
jim rogers Quotes Skeptical,Federal Reserve,Reserves

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The Prime Minister in the UK thinks spending and borrowing more is the right thing to do in the circumstances, and is busily trying to bail out chunks of the private sector which would otherwise have to adjust more quickly to the painful reality that we have been living beyond our means.

— John Redwood

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It's wonderful for the players. It's a huge challenge and a huge responsibility for us to get our act together, get our butts in gear. Phil isn't going to bail us out because of our mental lapses.

— Kobe Bryant

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