May 7, 2009
Unprecedented Times Call for Unprecedented Actions
The Great Recession that began in 2008 will be one of the defining events of the 21st century. With five million Americans losing jobs since the recession began and 600,000 more losing their jobs monthly, our country is in the midst of a profound social and economic transformation. Add to this the tremendous public anger toward the banking, finance, and insurance industries that created this disaster while their executives received millions in compensation, and you have the ingredients to
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