The WilliesDEBATING While the House Burns
After President Bush, Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke pressured congressional leaders to approve a $700 billion bailout of the financial markets as soon as possible to prevent a global economic panic, lo and behold, we still ended up with a global panic. Perhaps it eased a bit with Monday's 936-point gain, but that remains to be seen.
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