| President Bush began Tuesday trying to calm consumers troubled by an increasingly shaky economy, but his words had little effect. By the end of the day, the Dow had closed at its lowest level in two years, the government reported that prices had jumped at their sharpest pace in 27 years, and the chairman of the Federal Reserve Board warned that "significant challenges" lie ahead. |
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Kevin Gosztola is managing editor of Shadowproof Press. He also produces and co-hosts the weekly podcast, "Unauthorized Disclosure." He was an editor for OpEdNews.com