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Bush Defends Rescue Plan

Oct. 18, 2008
President Bush yesterday mounted a vigorous defense of his efforts to cope with the global financial meltdown, saying that the move to purchase stock in major U.S. banks was a "last resort" to shore up collapsing credit markets.
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President Obama awards the Presidential Medal of Freedom in Washington
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President Barack Obama awards the the Presidential Medal of Freedom to singer/songwriter Bob Dylan during a ceremony in the East Room at the White House in Washington on May 29, 2012. The Medal of Freedom is our NationÕs highest civilian honor, presented to individuals who have made especially meritorious contributions to the security or national interests of the United States, to world peace, or to cultural or other significant public or private endeavors. UPI/Kevin Dietsch