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Former Fed chairman says trillions needed to deal with deep recession.(QuickQuotes)(Paul Voleker)(Brief article)

The New American

| February 16, 2009 | McManus, John F. | COPYRIGHT 2009 American Opinion Publishing, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

"To put it starkly, we are in a serious recession with no end clearly in sight. Over time, the hard fact is several trillion dollars will be necessary to be committed in a combination of budgetary expenditures, and various guarantee and insurance programs, and extensions of credit by the Federal ...

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