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A Defense of Robert Rubin...

Felix Salmon writes:

The damage already done by the debt ceiling debate: When Bob Rubin did a nifty sidestep around Congress and magicked Mexico’s bailout billions from some dusty account no one knew about, he was playing a dangerous game...

I protest. There was a letter from Speaker Gingrich, Minority Leader Gephardt, Majority Leader Dole, and Minority Leader Mitchell saying "please use the ESF to do this; please don't make us make the members vote on this."

If it was a "sidestep around" Congress, it was a sidestep urged by and pre-approved by each party in each branch.

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