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The 75-year-old congressman inspires devotion, but his policies would mean economic disaster

The world’s most frightening reality show is about to get a new star. On January 3, the 2012 Republican race for the presidential nomination will enter new phase as the voters of Iowa choose their preferred candidate. Up until now, the campaign has been all televised debates and pundit pontificating. Now the people get their say and, according to the polls, the very likely winner will be a 75-year-old obstetrician, beloved of Jon Stewart and urban…

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