President Bush's emergency declaration for the State of Texas is great news for the people and communities that have experienced the devastating wildfires firsthand. Already, communities have rallied to help neighbors in need.
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The thing about markets, and I think the thing people don't understand about that, is markets are not kind, but they're very efficient. So when the marketplace determines an inefficiency in the system, it corrects that, and a market system that's left alone will reward good behavior and punish bad behavior.