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We are literally on the precipice of a full-on meltdown despite what the talking heads are saying. Henry Paulson and Ben Bernanke came to you and the rest of Congress about a month ago and said they would "fix it" by buying up illiquid assets.
President Bush on Monday said, "The Secretary and I share the concerns of our citizens, concerns about jobs, concerns about their savings accounts. This is a tough situation for America. But we'll recover from it. And the first step to recovery is to safeguard our financial system."
Sun, Nov 23 | from Whitehouse.gov