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Greece will not manage to get back on its feet without restructuring its debt. There is no way around it. The country's creditors will have to reduce a portion of its debts by extending maturity dates, lowering interest rates or giving them what's called a 'haircut' in financial jargon. ↗
Andrew Jackson was the first president to claim that the desires of the public overrode Congress's constitutional prerogatives. Virtually every president since Jackson has claimed the mantle, even while lacking two ingredients of an electoral mandate: a landslide victory and a specific agenda. ↗
