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"Uncovering the Secrets and Exposing the Lies"
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News Link  •  Bush Administration

Fed Pledges Top $7.4 Trillion to Ease Frozen Credit


11-24-08  •  Bloomberg.com 
The U.S. government is prepared to lend more than $7.4 trillion on behalf of American taxpayers, or half the value of everything produced in the nation last year, to rescue the financial system since the credit markets seized up 15 months ago. 
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