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To: dennisw

Well, well, well....an excellent find. I am sure I will be hearing about this 15 year advance warning article all across the media landscape today.


6 posted on 10/02/2008 4:43:29 AM PDT by E-2K
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To: E-2K; floriduh voter; TigersEye

Here’s a Newsweek article in 1975

http://www.freerepublic.com/focus/bloggers/2093845/posts?page=32#32

“Thus, a number of powerful and diverse voices - including William McChesney Martin Jr., former Federal Reserve chairman; Felix G. Rohatyn, the New York investment banker; Henry Ford II; Frazar B. Wilde, chairman emeritus of Connecticut General Life Insurance Co. (opposite page), and the Democratic Party leadership - were pushing a controversial remedy to avert an economic calamity. They were calling for the revival of the long-defunct Reconstruction Finance Corp., which bailed out thousands of banks, railroads and businesses during the Depression through massive loans and investments. Congress killed the RFC in 1954 amid charges that it had been swayed by favoritism and political influence when making loans. [snip]


7 posted on 10/02/2008 4:47:40 AM PDT by Arthur Wildfire! March (Fannie + Freddie = Democrat Cronies [Dodd and Obama -- the LegisLOOTers])
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