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Financial meltdown and bailout: how much is left for defense spending?
The long-term influences of the September Wall Street financial meltdown and subsequent government bailouts have yet to be fully perceived, much less felt or understood. Right now, the week after the Lehman Brothers investment company went bust and Merrill Lynch sold itself off just to survive, many of the Wise Men in business, government, and academia are in a state of mumbling shock.