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And now, in Jimmy Carter, they finally found one who would. He signed the bill in a public ceremony, handing out signing pens to a number of banking CEOs. Arthur Schlesinger declared him “not a Democrat—at least in anything more recent than the Grover Cleveland sense of the word.” Carter couldn’t have cast himself as a better foil for Ted Kennedy if he were writing a script.
Reaganland: America's Right Turn 1976-1980
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