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Senior Fellow William F. Shughart discusses financial developments at General Motors and Chrysler, the real issues at stake in the TARP debate, and how Obama’s bailouts are negatively affecting the limping economy.
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For more than a century U.S. foreign policy—whether conducted by Democrats or Republicans—has been based on the assumption that Americans’ interests are served best by intervening abroad to secure markets, fight potential enemies far from American shores, or engage in “democratic nation building.” But, what is the record of such policies, including now in Iraq?
