Transcript
Senator Chuck Hagel: The 2008 American presidential election flows into an historic confluence of events. Our nation finds itself bogged down in two wars, with record high energy prices, deep devaluations and displacements in the housing, financial and credit markets, record private and public debt, inflation on the rise, future of health care uncertain for millions, intense economic pressures for many, a combustible, unpredictable and dangerous world, and a sense that America may be on the back side of history.
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