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<title>Gerald P. O'Driscoll Jr. (Author at The Cato Institute)</title>
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The Cato Institute seeks to broaden the parameters of public policy debate to allow consideration of the traditional American principles of limited government, individual liberty, free markets and peace. Toward that goal, the Institute strives to achieve greater involvement of the intelligent, concerned lay public in questions of policy and the proper role of government.
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				<title>Gerald P. O'Driscoll Jr. (Cato Institute)</title>
				<link>http://www.cato.org/people/gerald-odriscoll</link>
				<description>Gerald P. O'Driscoll Jr.</description>
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				<title>The Federal Reserve's Covert Bailout of Europe (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=13955</link>
				<description><![CDATA[America's central bank, the Federal Reserve, is engaged in a bailout of European banks. Surprisingly, its operation is largely unnoticed here.

The Fed is using what is termed a "temporary U.S. dollar liquidity swap arrangement" with the European Central Bank (ECB). There are similar arrangements ...]]></description>
				<pubDate>Wed, 28 Dec 2011 00:00:00 EST</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=13955</guid>
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				<title>Why We Can't Escape the Eurocrisis (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=13817</link>
				<description><![CDATA[When is a bailout not a bailout? When the bailor is short of funds. The recently announced debt plan in the European Union comes up short in almost all respects. 

The debt crisis is not just an EU problem, but a trans-Atlantic financial crisis. The overwhelming debt problems on either side of the...]]></description>
				<pubDate>Wed, 02 Nov 2011 00:00:00 EDT</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=13817</guid>
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				<title>The Fed Surprises (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=13562</link>
				<description><![CDATA[The August 9th meeting of the Federal Open Market Committee -- the policymaking arm of the Fed -- was widely expected to be largely uneventful. It was anything but.
Instead, the Fed issued a press release in the aftermath of the meeting that caught even its closest watchers off-guard, and is indica...]]></description>
				<pubDate>Thu, 11 Aug 2011 00:00:00 EDT</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=13562</guid>
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