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Planting the Seeds of Disaster

By Robert Samuelson - March 29, 2010

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WASHINGTON -- When historians recount the momentous events of recent weeks, they will note a curious coincidence. On March 15, Moody's Investors Service -- the bond rating agency -- published a paper warning that the exploding U.S. government debt could cause a downgrade of Treasury bonds. Just six days later, the House of Representatives passed President Obama's health care legislation costing...

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Robert Samuelson

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