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Marc Ambinder Asks a Question

Why oh why can't we have a better press coros?

Marc Ambinder writes:

Thoughts On Five Momentous Days: BTW: Did any presidential candidate, aside from Ron Paul, have any inkling of the Fed's emergency power?...

I cannot answer for the Republicans. But I can say for the Democrats: yes. Chris Dodd, John Edwards, Hillary Rodham Clinton, Barack Obama, and probably others knew what the Federal Reserve does, and what it has the power to do in a financial crisis under emergency and exigent circumstances.