For Main Street, Not Wall Street
Tuesday, October 7, 2008
America’s bailout program was approved. Panic in financial markets will hopefully subside.
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PRESIDENT George Walker Bush looks cheerful. His face looks fresher. His tension disappeared after seven hours awaiting anxiously the House of Representatives’ decision on America’s bailout package. After a tough and long debate, members of the House voted finally to pass the draft Emergency Economic Stabilization Bill into law. Approving the proposal were 263 members, with 171 rejecting it.
Bush, who will end his tenure next year, immediate
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