EDITORIAL: Taxpayers need a chief financial officer

Melissa Sullivan — Tue, 23 Sep 2008 08:33:21 -0500

Readers might consider themselves Republicans, Democrats or Independents, but all American taxpayers played a big role last week in paying to shore up mortgage giants and other large firms. Printing more money or borrowing more money to pay for these moves diminishes the country’s credit rating or transfers wealth to other countries willing to borrow money to the U.S.

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EDITORIAL: Taxpayers need a chief financial officer