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January 12, 2009

Bush gives up on capitalism

Lee Cary
It all happened so fast. George W. Bush admits that the bailout deep-sixed capitalism:
"I readily concede I chucked aside my free-market principles when I was told ... the situation we were facing could be worse than the Great Depression," Bush said. "(But) we've taken extraordinary measures to deal with frozen credit markets (that) have helped thaw the credit market."

That's like the Pope announcing he's given up on the Mass and is learning Buddhist chants.


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