February 3, 2012

This week, the President held the first completely virtual interview at the White House with more than 227,000 Americans, where he answered questions about his State of the Union address. He convened a Cabinet meeting that focused on small business growth and encouraging startup companies, and he laid out new steps the Administration is taking to lend a hand to Americas responsible homeowners making it easier for them to refinance their homes and avoid foreclosure. Later in the week, President Obama spoke about his faith and the values that all Americans share during the 2012 National Prayer Breakfast. On Friday, building on the release of January jobs numbers showing that the economy has seen 23 consecutive months of private sector job growth for a total of 3.7 million jobs over that period, the President spoke in Virginia about the need to continue our economic growth and announced a new initiative to put Americas veterans back to work. Additionally, the Democratic National Committee released a statement commemorating February as Black History Month. With the Republican presidential candidates in both Florida and Nevada to continue their battle for the GOP nomination, the DNC joined state and local Democrats in continuing to hold Mitt Romney accountable for his failed agenda, out-of-touch positions, and willingness to say anything to get elected. And the DNC joined Democrats across the country in holding a range of events and activities highlighting the Presidents positive record on helping Americas homeowners, creating jobs and building our economy and contrasting those achievements with Mitt Romneys failed record. Economy Adds Private Sector Jobs in January for 23 Straight Months of Growth On Friday, the Bureau of Labor Statistics released jobs numbers for the month of January, showing that the economy added 257,000 private sector jobs in January and that the unemployment rate fell to 8.3 percent. This is now the 23rd consecutive month of private sector job growth, for a total of 3.7 million jobs over that period. The following chart shows the progress we have made on private sector job creation under President Obamas policies:

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These numbers are a sign that the economy is moving in the right direction, though the President believes we need faster economic growth to keep moving America forward. President Obama Speaks to the American People in First Completely Virtual Interview at the White House This week, the President participated in a real-time, online discussion with more than 227,000 Americans through an interview with YouTube and Google+. This Google+ hangout was the first completely virtual interview ever held from the White House, with President Obama answering questions about his State of the Union address from people all over the country. You can watch video of the Presidents Google+ hangout here. The President Holds Cabinet Meeting Focusing on Small Business Agenda On Tuesday, President Obama convened a meeting of his Cabinet to discuss the vision for moving America forward that he laid out during his State of the Union address last week. Attending the meeting was a new member of the Cabinet Karen Mills, the head of the Small Business Administration who the President elevated to guarantee that the small business community always has a direct line to the Oval Office. The meeting was focused on ways the Administration can continue to help small businesses succeed in America, with an emphasis on aiding and promoting the growth of startup companies. In remarks delivered before the Cabinet meeting, President Obama said: One of the top priorities that I mentioned during the State of the Union was the need for us to promote small business. And Im very pleased that weve got Karen Mills here, who has participated in our meetings before, but is now an official member of the Cabinet. It is a symbol of how important it is for us to spur entrepreneurship, to help startups, to move aggressively so that we can assure more companies that create the most jobs in our economy are getting a leg up from the various programs that we have in our government. I mentioned at the State of the Union that there have been discussions, bipartisan discussions between Republicans and Democrats, about a whole set of measures that can accelerate financing to startup companies; can provide tax breaks to startups and small businesses that are interested in either hiring more workers or increasing their wages; that looks at innovative ways for them to raise capital.

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And my expectation and hope is, is that they will get a bill together quickly, that they will pass it and get it on my desk. I will sign it right away, and I would like to see that bill signed this year. Watch the Presidents remarks here. Continuing to Lay Out Blueprint for America, the President Announces New Actions to Aid Homeowners In Falls Church, Virginia on Wednesday, President Obama expanded on the ideas he laid out during his State of the Union address on ways to lend a hand to Americas homeowners. The President has sent Congress a broad refinancing plan that would let responsible homeowners save hundreds of dollars a month and an average of $3,000 per year. This and other newly announced actions including a Homeowner Bill of Rights that ensures borrowers and lenders are playing by the same rules build on the executive action President Obama already took last fall to lower interest rates for eligible Americans. The President delivered remarks announcing these actions, saying: I want to be clear: This plan, like the other actions weve taken, will not help the neighbors down the street who bought a house they couldnt afford, and then walked away and left a foreclosed home behind. Its not designed for those whove acted irresponsibly, but it can help those whove acted responsibly. Its not going to help those who bought multiple homes just to speculate and flip the house and make a quick buck, but it can help those whove acted responsibly. What this plan will do is help millions of responsible homeowners who make their payments on time but find themselves trapped under falling home values or wrapped up in red tape. If youre ineligible for refinancing just because youre underwater on your mortgage, through no fault of your own, this plan changes that. Youll be able to refinance at a lower rate. Youll be able to save hundreds of dollars a month that you can put back in your pocket. Or you can choose those savings to rebuild equity in your homes, which will help most underwater homeowners come back up for air more quickly. Watch President Obamas remarks here. President Obama Discusses His Values at 2012 National Prayer Breakfast On Thursday, the President spoke at the 2012 National Prayer Breakfast. During his speech, President Obama described how his faith informs his thinking as a leader. He also stressed the importance of recognizing our shared set of values as Americans. The President said: So instead, I must try -- imperfectly, but I must try -- to make sure those values motivate me as one leader of this great nation. And so when I talk about our financial institutions playing by the same rules as folks on Main Street, when I talk about making sure insurance companies arent discriminating against those who are already sick, or making sure that unscrupulous lenders arent taking advantage of the most vulnerable among us, I do so because I genuinely believe it will make the economy stronger for everybody. But I also

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do it because I know that far too many neighbors in our country have been hurt and treated unfairly over the last few years, and I believe in Gods command to love thy neighbor as thyself. I know the version of that Golden Rule is found in every major religion and every set of beliefs - from Hinduism to Islam to Judaism to the writings of Plato. And when I talk about shared responsibility, its because I genuinely believe that in a time when many folks are struggling, at a time when we have enormous deficits, its hard for me to ask seniors on a fixed income, or young people with student loans, or middle-class families who can barely pay the bills to shoulder the burden alone. And I think to myself, if Im willing to give something up as somebody whos been extraordinarily blessed, and give up some of the tax breaks that I enjoy, I actually think thats going to make economic sense. You can watch the Presidents speech here. In Northern Virginia, the President Announces New Initiative to Put Veterans Back to Work President Obama visited a local firehouse in Northern Virginia on Friday, where he announced the details of his new Veterans Jobs Corps initiative which will help put veterans back to work on a range of projects that leverage skills developed in the military. The Obama Administrations new veteran employment initiative, combined with the important work President Obama has already done to create employment opportunities for veterans, will help put tens of thousands of veterans back to work. During his remarks making todays announcement, the President said: Over the past three years, my administration has made it possible for states to keep thousands of first responders on the job. But today, were announcing that communities who make it a priority to recruit veterans will be among the first in line when it comes to getting help from the federal government. And I know thats one of the things, Chief, that youve been doing here in Arlington. So we want to prioritize veterans and we want to help states and local communities hire veterans to firehouses and police stations all across the country. The second thing we want to do is to connect up to 20,000 veterans with jobs that involve rebuilding local communities or national parks. Thats why Ken Salazar is here as the Interior Secretary. He needs some help. And our veterans are highly qualified to help him. Theyve already risked their lives defending America. They should have the opportunity to rebuild America. Weve got roads and bridges in and around our national parks in need of repair. Lets fix them.

You can read the Presidents full remarks here.

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Democratic National Committee Commemorates Black History Month On Wednesday, to commemorate February as Black History Month, Democratic National Committee Chair Debbie Wasserman Schultz released the following statement: As we begin our national celebration of Black History Month today, we honor the critical role that African Americans have played in making our country a more perfect union. We also recognize the vast accomplishments of African Americans throughout our nations history and celebrate the contributions and triumphant victories of leaders like Supreme Court Justice Thurgood Marshall, Fannie Lou Hamer, Dr. Martin Luther King Jr., and Rosa Parks, who helped to lead the way in overcoming the stain of segregation and ensuring that all Americans have access to the ballot box. In this critical moment, we cannot afford to turn back the clockthere is still much more work to do. We know that we must continue moving America forward on the path of progress, opportunity and fairness for all. That means standing up to attempts to suppress the right of all citizens to cast a ballot, ensuring that all Americans have access to quality affordable health care, and investing in education to guarantee that every single person in this country has a fair chance at living the American Dream. Throughout Black History Month, we reaffirm our commitment to a more perfect union as we honor and celebrate the contributions of African Americans to our great nationas we continue the critical work of striving for justice and equality for all. Holding Republicans Accountable With the Republican presidential candidates in Florida at the beginning of the week to make their final pitch to voters before Tuesdays primary, the Democratic National Committee was in the Sunshine State to keep the heat on Mitt Romney as he crisscrossed the state misleading voters about his record. DNC Executive Director Patrick Gaspard and Congressman Xavier Becerra (D-CA) held a press conference in Miami to discuss Romneys record as a corporate raider for Bain Capital who lined his pockets at the expense of American workers and shuttered businesses, as well as his ties to Damon Corporation one of the largest perpetrators of Medicare fraud in American history and his refusal to release multiple full years of tax returns or disclose certain assets on his financial disclosure statements. On Tuesday, DNC Chair Debbie Wasserman Schultz held an event at a Florida senior center as well as a press conference call with Alliance for Retired Americans Executive Director Ed Coyle taking Romney to task for misleading Florida seniors about his plans to gut Social Security and Medicare. As the GOP candidates then made their way to Nevada in advance of Saturdays Republican caucus, Chair Wasserman Schultz and Nevada State Senate Majority Leader Steven Horsford held a press conference call welcoming Mitt Romney to Nevada. During the call, they drove home the message that Romney has no core values, hell say anything to get elected and has already done it on any number of issues, hes out of touch with working and middle-class Americans who just want to be rewarded for their hard work and expect everyone from Wall Street to Main Street to play by the same set of rules, and unlike the President who announced new actions this week to help responsible homeowners refinance their home and avoid foreclosures Romney has not offered a single plan to lend homeowners assistance. Instead, hed rather double down on his outrageous statement that we should let foreclosures hit the bottom and let responsible homeowners lose their homes. With Romney in Minnesota for a campaign rally in former Governor Tim Pawlentys hometown, Eagan Mayor Mike Macguire and Minneapolis Mayor and DNC Vice Chair RT Rybak held a press conference outside the rally hitting

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Romney for his failed policies and unwillingness to level with the American people, and highlighting the fact that Pawlenty, now a campaign surrogate for Romney, had all but said Mitt Romney was unelectable when he was running against Romney in the GOP primary. Pawlentys past critiques of Romney were furthered detailed in a research document released by the DNC, which can be viewed here. Additionally, the DNC released a new web video, Not Concerned, on Mitt Romneys comment this week that hes not concerned about the very poor. You can watch it here. On Thursday, as the President laid out a series of actions to help Americas struggling homeowners including a broad refinancing plan letting responsible homeowners save hundreds of dollars a month and an average of $3,000 per year Congresswoman Jan Schakowsky (D-IL) held a national press call contrasting the Presidents efforts with Mitt Romney, who has no plan whatsoever to help homeowners and who recently doubled down on his previous comments that we should let the foreclosures hit the bottom. Following Donald Trumps endorsement of Mitt Romney on Thursday, the DNC released a web video, Mitt Romney And Donald Trump: They Both Like Firing People. You can watch it here. Additionally, Nevada Democratic Party Chair Roberta Lange held a press conference with DNC Vice Chair Linda Chavez-Thompson, the Nevada Hispanic Legislative Caucus, and DREAM Act advocates to discuss Mitt Romneys extremism on immigration issues and its implications for Nevada. DNC Chair Wasserman Schultz joined Colorado Democrats in holding a press conference call welcoming Mitt Romney to Colorado ahead of next Tuesdays Republican caucus, where they highlighted the fact that Romney will say anything to win. The DNC closed out the week with a web video, Some of the Time, which highlights Mitt Romneys changing positions on whether or not the President has made the economy worse and the fact that Romney reluctantly acknowledged that President Obama has taken difficult steps to foster our economic recovery. Watch it here. Key Issues in the News and Background Romneys Role in Medicare Fraud Shows He Cant Be Trusted (1/30/12) Key Point: Mitt Romneys role in one the largest Medicare fraud schemes in history shows why Americans dont trust Mitt Romney as they learn more about him. The DNC last week released a memo detailing Mitt Romneys role in a Medicare fraud scheme that ended with the then-largest criminal fine ever levied in a health care fraud case. Under attack by both Newt Gingrich and labor groups, Romneys involvement again proves to Americans how Romney cant be trusted. Romney was a director of Damon Corporation, a medical testing company that paid a record $119 million fine for illegally billing Medicare. Romney took in more than half a million dollars while the company profited by defrauding taxpayers. Romney claims he blew the whistle on the fraud at Damon, but he has refused to provide any documentation to prove his claim. Court records showed the fraud was occurring the entire time Romney was on the board and did nothing to stop it. Romney would gut Social Security and privatize Medicare, so its not too surprising that he would let seniors be defrauded out of millions of taxpayer dollars. President Obama has led one of most unprecedented crackdowns on health care fraud in history, recovering $8.4 billion since 2009, and his landmark health care reform is helping millions of seniors save on their prescriptions by closing the Medicare Part D donut hole. One thing is clear: the more the American people learn about Mitt Romney, the less they trust him to lead the country.

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### Romney Shows Struggling Florida Homeowners Hes Out of Touch With Middle Class (1/31/12) Key Point: Mitt Romneys comments to struggling homeowners today prove hes out of touch with the middle class. Mitt Romney today doubled down on his out-of-touch belief that foreclosures should continue so investors can come in and make a quick buck, saying he would let the market work instead of stopping fraudulent foreclosures. Mitt Romney is clearly out of touch with middle-class Americans, millions of whom are struggling to hold onto their homes. Just last week he told struggling homeowners in Florida that banks are feeling the same thing they are. Mitt Romney accused Newt Gingrich of cashing in off of Freddie Mac during the housing crisis, but Mitt Romney had up to $500,000 invested in Fannie and Freddie. Romney will say anything to get elected. Romney hasnt proposed a single refinancing plan to help the 44 percent of Florida homeowners who owe more than their homes are worth. He doesnt mention housing once in his 59-point economic plan. President Obama is helping millions of responsible Americans stay in their homes through refinancing, loan modifications and other programs. He took executive action so responsible borrowers with little or no equity in their homes can refinance and take advantage of current low mortgage rates. And at the State of the Union, he proposed a new re-financing plan that could save participants about $3,000 a year. ### Romney Misleads FL Seniors About Plan to Privatize Medicare and Cut Social Security (1/31/12) Key Point: Mitt Romney misled Florida seniors about how he would cut Social Security and end Medicare was we know it, proving again hell say and stand for anything to get elected. Yesterday Mitt Romney told seniors in Florida that he will never go after Medicare or Social Security, proving time and again that hell say and stand for anything to get elected. Romney would actually gut Social Security and turn Medicare into a voucher program. Romney will tell any audience whatever he thinks will get their votes. He told Florida seniors hed look out for programs they rely on, but his proposed budget plan would: o Deeply cut Social Security for the 2.7 million Florida seniors who rely on it. o Replace Medicare with a private voucher program that would more than double out-of-pocket costs for Floridas 3.3 million seniors who rely on Medicare. Romneys falsehoods cant cover up his role in a Medicare fraud scheme that ended with the then-largest criminal fine ever levied in a health care fraud case. o Romney was a director of Damon Corporation, a medical testing company that paid a record $119 million fine for illegally billing Medicare. o Romney took in more than half a million dollars while the company profited by defrauding taxpayers. o Court records showed the fraud was occurring the entire time Romney was on the board and that he did nothing to stop it.

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### Extreme and Wrong Positions Drive Hispanics Away from Romney and Gingrich (1/31/12) Key Point: Mitt Romney and Newt Gingrich are losing Hispanic voters across the country after running to the far right and taking the wrong side of every issue important to the Hispanic community. The campaign yesterday released a memo detailing how recent polls show Mitt Romney and Newt Gingrich may have sealed their fate to lose the Hispanic vote in the general election. Their low support shows the Republican frontrunners are on the wrong side of every issue important to Hispanic voters. Hispanic voters are the fastest-growing voter bloc in the country. With their extreme rhetoric on immigration during televised debates rejecting our history as a nation of immigrants, Romney and Gingrich have alienated millions of Hispanic voters across the country. Romney and Gingrich are on the wrong side of every issue important to the Hispanic community: o They oppose the Presidents health care reform that will give every American access to quality and affordable health care and insure 9 million Hispanics that currently lack health insurance. o They would gut Social Security, which nearly half of Hispanic seniors depend on, and cut the Pell Grants that help millions of Hispanic students pay for college. o Both have pandered to the Tea Party right on immigration, irreversibly opposing an earned path to citizenship. o The DREAM Act would let those who came here as children through no fault of their own and know no other home earn a path to citizenship by serving our country or going to school. Though 85 percent of Hispanics support it, Romney called it a handout and promised to veto it. ### Talking Points: Mitt Romneys Negative, Far-Right Primary Campaign is Backfiring (1/31/12) Key Point: Mitt Romneys win in Florida came at a very steep price: his far-right campaign is damaging him among the swing voters he would need in November. Mitt Romney won Florida by running an unprecedentedly negative and far-right campaign, and its already hurting him among the independent, moderate and Republican voters he would need in the general election. Romney and his Super PAC allies carpet-bombed Gingrich by spending five times as much money on Floridas airwaves. They ran 60 times more television ads than Gingrich and his allies. Worse, nine out of every 10 ads were negative by far the most negative campaign in Floridas history. The more voters get to know Romney and understand his record not as a job creator, as he claims, but as a corporate raider who as governor drove his state to 47th in job creation, the more they dislike him. This is especially true among moderate, independent and even Republican voters all groups Romney would need in the general election. Republicans are increasingly dissatisfied with their choice of candidates. Nearly three in five Republican primary voters want another candidate to enter the race a nearly fivefold increase since October. This same level of dissatisfaction appeared in Floridas exit polls. Projections show Republican turnout down 14 percent from 2008, showing the vaunted Republican enthusiasm gap is really a myth.

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Romneys free-fall over the past three months isnt normal, even in a contested primary. o Both President Obama and Hillary Clinton had significantly higher favorable than unfavorable ratings at this point in the 2008 race. o Unlike Romney, both candidates numbers had improved rather than declined since the previous November, and voters satisfaction with their field continued to rise. Bush and Gore enjoyed similarly positive ratings. o Last election, three in five Republicans called their partys field excellent or good the same proportion of Republicans who this year hope another candidate will get in the race. Romneys unique ability to push away key constituencies rather than attract their support will continue to weaken his appeal to general-election voters, no matter how many primaries he wins. As the Republican race now moves to Nevada, Romneys out-of-touch positions on housing, seniors health and immigration as well as his lonely support of the Yucca Mountain project Nevadans overwhelmingly oppose and President Obama ended will continue to repel the very voters who will decide the general election. ###

Romney Falsely Claims Hes Focused on Middle-Class Americans (2/1/12) Key Point: Mitt Romney is falsely claiming to be focused on the middle class, but his policies show the opposite. Mitt Romney said today that hes not concerned about the very poor but that hes focusing on the middle class. Not only is that a startling comment from someone running to represent all Americans, but Romney isnt focusing on the middle class at all. Romneys policies would let foreclosures hit the bottom and force seniors and the middle class to foot the bill for more tax breaks for millionaires, billionaires and large corporations. Half his tax cuts would go to the 0.4 percent of Americans making more than $1 million a year. Romneys tax plan would further shift the tax burden into hardworking middle-class Americans. o It extends Bush tax cuts for millionaires and billionaires, cutting Romneys own taxes almost in half. o It adds over a trillion dollars more in tax cuts for investors and corporations that would explode the deficit, give $146,000 to families making over $1 million a year, and provide just $138 a year to middle-class families. President Obama is asking the wealthiest to pay their fair share, proposing the Buffett Rule that makes sure Warren Buffett doesnt pay lower taxes than his secretary. Buffett himself supports it, but Mitt Romney opposes it. Romney thinks millionaires and billionaires should keep paying lower taxes than middle-class families. President Obama outlined today his plan to create new opportunities for responsible homeowners to refinance their mortgages and save $3,000 a year. Meanwhile, Romney doubled down yesterday on letting the foreclosure process hit the bottom so investors can come in and make a quick buck while struggling middle-class families lose their homes. ### Mitt Romney is Wrong for Nevada on Every Issue Important to Nevadans (2/1/12)

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Key Point: Mitt Romneys true record on jobs, housing, immigration and Yucca Mountain show his ideas are wrong for Nevada. Nevadas elected leaders are reminding voters heading into Saturdays caucus that Mitt Romney is wrong for Nevada. On every issue important to Nevadans jobs, housing, and immigration the contrast and choice is clear: Romney is on the wrong side. Romney is running on his business experience and job creation record, but he wont tell voters how his business was really creating wealth for him and his fellow corporate raiders. Across the country Romney made millions from buying companies, closing factories, firing workers and sending jobs overseas. President Obama visited Nevada last year and proposed new ways to help struggling homeowners keep their homes. Today he outlined his plan to create new opportunities for responsible homeowners to refinance their mortgages and save $3,000 a year. Mitt Romney came to Nevada and told homeowners how he would let the foreclosure process hit the bottom so investors can come in and make a quick buck an out-of-touch belief he repeated just yesterday. President Obama promised in the State of the Union to sign the DREAM Act if Congress passed. It would let those who came here as children through no fault of their own and know no other home earn a path to citizenship by serving our country or going to school. Though 85 percent of Hispanics support it, Romney called it a handout and promised to veto it. President Obama stopped the plan to dump high-level nuclear waste in Yucca Mountain. Romney went to South Carolina and got the endorsement of its Tea Party governor who said she supports Romney because he wants to bring the Yucca Mountain project back from the dead. Romneys record speaks for itself. As he begins campaigning in Nevada ahead of Saturdays caucus, voters will realize how he is wrong for Nevada and wrong for the country. ### Steady Jobs Growth Shows the President Stopped the Free-fall and Reversed the Trend (2/3/12) Key Point: President Obama not only helped the private sector stop the free-fall, but reverse the trend. Todays jobs numbers show President Obama is leading a steady, consistent recovery for the middle class. Americas businesses have now added jobs for 23 straight months, with the private sector adding 3.7 million jobs. The unemployment rate is now at its lowest level in three years.

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This chart illustrates the massive job loss threatening the economy as President Obama took office, showing that under his leadership, the private sector reversed its free-fall and begun creating jobs. o After more than a decade of job losses, American manufacturing has been creating jobs since December 2009. o The American auto industry is coming back. GM is again No. 1 in the world and the auto industry is expected to create more than 100,000 new jobs by 2014. o American oil production is at its highest in eight years. President Obama stopped the bleeding and invested in America, taking swift action to address the immediate jobs crisis. o He rescued the auto industry, saving more than 1.4 million jobs up and down the supply chain. o He cut taxes for every working family and for small businesses, which create the vast majority of new jobs in this country. o He held Wall Street accountable so this crisis doesnt happen again. o Hes reining in abuses in the mortgage and credit card industries and protecting consumers like never before. We have much more work to do, but were moving in the right direction. While this momentum is encouraging, were at a make-or-break moment for the middle class. We need an economy built to last one where: o Hard work once again pays off and responsibility, not recklessness, is rewarded. o We out-build, out-educate and out-innovate the rest of the world. o Everyone from Main Street to Wall Street gets a fair shot, does their fair share and plays by the same rules. Thats why the President outlined a vision for an America built to last. Its a blueprint based on American manufacturing, American energy, skills for American workers and a renewal of the American values that made the middle class the envy of the world values like fairness and opportunity.

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Mitt Romney and the Republicans in Washington dont share this vision. o They dont want to invest in our workers, our students or American industries like carmakers and clean energy. o They would let Wall Street write its own rules again, going back to the same failed policies that led to the economic crisis in the first place. o They aren't optimistic about this recovery continuing. They wont even admit that its happening. ###

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