Re: Treasury Secretary Brings Political Pressure on Banks
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The system can fix itself, the issue is the solution is going to be painful though, and if it comes to now it falls on the shoulders of those in power. If it can be stalled another year Bush will be out of office and any collapse can be blamed on the markets not having faith in the next president, or a massive storm system or whatever.
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Point to you, sir. The solution that avoids the pain of the system fixing itself is political.
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