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Joe McDonald is a basketball player at George Washington University. (George Washington University Athletics)

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George Washington University adjunct professor Brett Di Resta has served as an opposition researcher on numerous Democratic campaigns. (Rod Lamkey Jr./The Washington Times)

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George Washington University adjunct professor Brett Di Resta has served as an opposition researcher on numerous Democratic campaigns. (Rod Lamkey Jr./The Washington Times)

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The Knights of Columbus, from the Archdiocese Washington Chapter, deliver the colors during the Fortnight for Freedom at George Washington University on Sunday, June 24, 2012, in Washington D.C. The Ad Hoc Committee for Religious Liberty of the U.S. Conference of Catholic Bishops called for the event to raise awareness to the threats to religious freedom with 14 days of prayer, education and action. (Raymond Thompson/The Washington Times)

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John Paul Beller, 14, prays during the Fortnight for Freedom at George Washington University. (Raymond Thompson/The Washington Times)

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Otto Heck watches a video during the Fortnight for Freedom at George Washington University. (Raymond Thompson/The Washington Times)

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Attendees sing together during the Fortnight for Freedom at George Washington University. (Raymond Thompson/The Washington Times)

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The St. Augustine parish choir performs during the Fortnight for Freedom at George Washington University in Washington, D.C. (Raymond Thompson/The Washington Times)

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Anita Gisberl prays during the Fortnight for Freedom at George Washington University on Sunday, June 24, 2012. (Raymond Thompson/The Washington Times)

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Nuns of the Sister Servants of Our Lord and Our Lady of Matara sing "Amazing Grace" in English and Spanish during the Fortnight for Freedom event at George Washington University in Washington, D.C. Sunday, June 24, 2012. (Raymond Thompson/The Washington Times)

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Hundreds attend the Fortnight for Freedom at George Washington University. (Raymond Thompson/The Washington Times)

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Hundreds gathered for the Fortnight for Freedom at George Washington University on Sunday, June 24, 2012, in Washington D.C. (Raymond Thompson/The Washington Times)

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Charmie, Serena, 14, Tommy, 16, and Bob Vince, left to right, sing during the Fortnight for Freedom at George Washington University in Washington D.C. (Raymond Thompson/The Washington Times)

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Hundreds watched videos and listen to speakers during the Fortnight for Freedom at George Washington University on Sunday, June 24, 2012. (Raymond Thompson/The Washington Times)

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Charles Smallwood, from the Knights of Columbus Archdiocese of Washington District, jokes with his fellow knights during the Fortnight for Freedom at George Washington University on Sunday, June 24, 2012, in Washington D.C. (Raymond Thompson/The Washington Times)

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Maria Gonzalez hands out tickets before the start of the Fortnight for Freedom at George Washington University on Sunday, June 24, 2012, in Washington D.C. The Ad Hoc Committee for Religious Liberty of the U.S. Conference of Catholic Bishops called for the event to raise awareness to the threats to religious freedom with 14 days of prayer, education and action. (Raymond Thompson/The Washington Times)

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"The Great Depression informed the Fed's actions and decisions in the recent crisis," Fed Chairman Ben S. Bernanke said at George Washington University, noting the Fed's multiple missteps during the 1930s in failing to stem the financial panics, bank runs and economic downspiral that created such desperate conditions. (Associated Press)