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What Bush Won't Say to Help the Market
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True leadership is needed from the top if we are going to battle the two-headed dragon of housing and credit problems.
Many observers, including our own Doug Kass, believe that the only possible solution is a "Marshall Plan," a reference to the post-World War II reconstruction of Europe.
I agree with Kass on the need. In a prior article, I explained why the political environment was not conducive for major changes. ...
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