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2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Nov. 3, 2008


Perhaps the recent mortgage cycle will be remembered as just another failed episode of financial innovation."
— Federal Reserve Chairman Ben Bernanke, Oct. 31.

By washingtonpost.com Editor  |  November 3, 2008; 4:06 PM ET
Categories:  Quotables  
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Next: October Auto Sales Worst Since At Least '92

Comments

Hopefully, this will be the financial crisis that made the American people see the light and get rid of the Federal Reserve, fractional reserve banking, fiat currency and put money back to the gold and silver standards, enact usury laws and end the pillaging of high interest, end short selling on the stock market, and put things right in this country.

Posted by: therebel | November 3, 2008 5:37 PM | Report abuse

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