President Bush speaks on the economy from the U.S. Chamber of Commerce. Bush explains how the current financial crisis unfolded in a series of events beginning over a decade ago in the combination of interest rates, loans, and the supply and demand of housing. The President goes on to explain how the government is handling the situation by inject hundreds of billions of dollars in new liquidity into the financial system, providing substantial new protections for responsible consumers, businesses and investors, and working with other nations to combat the global crisis.
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