Harold Meyerson: The Money-Changers

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Save for devising more ways for Americans to go into debt, Wall Street had basically decoupled itself from the economy in which Americans live and work. While the nattering nitwits of CNBC hailed the stock market increases of the first seven years of George W. Bush's presidency as evidence that the U.S. economy had never done better, every other economic index made clear that the economy was in dismal shape.

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At www.washingtonpost.com

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