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Bailing Out Failed Savings and Loans

In just one week President Bush has managed to (1) exacerbate the conflict between the pro-lifers and the pro-abortion groups, (2) propose a tax on savings and loan depositors, and (3) endorse a 50% pay hike for Congress despite opposition by a majority of Americans.

If this is his idea of a “kinder, gentler” America, then let me go back to the harsh realities of the Reagan Administration.

NICK NEWTON

Laguna Hills

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