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Obama 'Very Confident' Bank Plan Will Work

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Uploaded by on Mar 23, 2009

The Obama administration on Monday launched its much-awaited assault on the worst U.S. banking crisis in 70 years, billions of federal dollars to thaw the nation's frozen credit markets and ease the economy out of recession.

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  • Why don't they just treat housing like they do with the auto industry and open up a new market for the private sector to "trade-in" their home for another, whether it is for reasons to upgrade, downgrade, relocation, or whatever the case may be.

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