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Wednesday, December 3, 2008

Puppet Paulson Still Denies Financial Depression as Markets Tumble

Earlier today on Wall Street, Treasury Secretary Henry Paulson appeared to be a stunned animal as he took questions from an eager audience. As hundreds watched the doomed businessman answer question after question in a blind daze, the long awaited closing bell finally rung. The economy fell 641 points today. As reporters hammered the secretary with more and more criticism, he finally ended the day with a stern,

"It is not my decision when this country is in a depression, its just my job to make sure it doesn't come to it."

Well, Henry Paulson must be hiding from the facts. The National Bureau of Economic Research said Monday that the U.S. has been in a recession since December 2007, making official what most Americans have already believed about the state of the economy. If Paulson himself cannot see the failings of himself and his staff, how is he supposed to keep our country out of a depression when he cannot admit when we are in one?
As the holiday season approaches, many families will not be able to afford the high priced gifts that they have indulged in previously. Even as gas prices fall people will not drive as they need time to pay off the excess that they went over on their credit cards. There is no doubt that the Obama administration will bring many changes that even I, a hardcore conservative, cannot wait to see fall into place.

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