Obama's Push For Endgame to Financial Crisis

Funny what happens in an election year. President Obama's first year in office was dominated by momentous economic decisions. The president rescued General Motors and Chrysler from oblivion and continued the aggressive bank bailout program started by his predecessor. The Federal Reserve administered economic shock therapy, including its first "quantitative easing" program. Congress passed a huge and controversial stimulus plan, along with smaller measures meant to arrest the plunge in home prices and temporarily boost car sales.

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