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American News Project

A Market-Based Mindset

by
Danielle Ivory

On Saturday, the Bush administration proposed what could be the largest government bailout of private industry in the history of the United States. Today, the architects of the proposal, Treasury Secretary Henry M. Paulson Jr. and Federal Reserve Chairman Ben S. Bernanke, will testify before the Senate banking committee. ANP caught up with Charlie Cray, Director and Policy Analyst at the Center for Corporate Policy, who spoke about the philosophical underpinnings of the current economic meltdown and his predictions for the future. 

 

 

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