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Article Source: Bloomberg.comadvertisement
Greenspan's and President George W. Bush's ``blind faith'' in free-market ideology is at the root of the global credit crunch, Waxman said. ``They didn't believe in regulation. Their ideology and their faith was against government and trusting the private sector,'' Waxman said. ``You have to be a lot more pragmatic and real-worldly about what's going on, and not just look at an ideology as a form of religion.''
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