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  • WAKEUP AMERICA!!!!....look what Bush and his Treasury have done...Marketoracle.co: For anyone who still doubted the growing global influence of such emerging powerhouses as China, consider this: The U.S. government's decision to take control of foundering mortgage giants Fannie Mae ( FNM ) and Freddie Mac ( FRE ) was driven not by worries about the fading U.S. housing market, but by concerns that
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