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Feds Must Ward Off Stagnation, Clinton Says

Says buying mortgages might be necessary to avoid prolonged skid

By Jim O'Neill, Newser User

Posted Mar 27, 2008 11:15 AM CDT

(Newser) – The government should step into the mortgage mess on a broader scale, Hillary Clinton told the Wall Street Journal yesterday, suggesting monetary policy alone can’t ignite a recovery and warning that procrastination could lead to stagnation similar to Japan’s weary economy. Clinton said... Read full story »

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Feds Must Ward Off Stagnation, Clinton Says

Says buying mortgages might be necessary to avoid prolonged skid

Barack Obama • Hillary Clinton • John McCain • Federal Reserve • Henry Paulson • US economy • Federal Housing Administration • credit crisis • subprime crisis

MOST POPULAR STORIES

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More Newser Stories

Treasury Boss: Worst Is Over

Paulson says US emerging from storm

Obama Plan: $30B Stimulus, More Regulation

Democrat blasts lax Bush oversight, McCain's laissez-faire approach

'Regulation' No Longer a Dirty Word in DC

Wall St. woes, toy and food scares have pols of all stripes on board

Wrangle Over $700B Bailout Heats Up

Lawmakers seek pay caps, homeowner help, as doubts mount

McCain Swerves, Says Feds Should Guarantee Mortgages

GOP candidate had previously said government can't 'bail out' borrowers

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