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I'm sure that Obama and the Democrats would have cited such reassurances as proof that the Republicans are "out of touch" with "reality". But if I might paraphrase John McCain: I'd rather lose an election than see America in a severe recession.
15:30 *PAULSON SAYS MARKET TURMOIL WON'T ABATE UNTIL HOUSING REBOUNDS In a similar vein, we are seeing increasing interest in support consumer access to credit. Treasury Secretary Henry Paulson today announced that TARP is no longer about troubled assets:
Thu, Nov 13 | from Economist's View