Finance
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Sen. Bernie Sanders: Tax Cut Deal 'Is A Moral Outrage'
Dec. 7, 2010 -- WASHINGTON (sanders.senate.gov) -- Sen. Bernie Sanders (I-Vt.) issued the following statement today on the agreement announced Monday between the White House and congressional ...
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Farewell to the EU Superstate (Mike Whitney)
Dec. 6, 2010 (Information Clearing House) -- Wednesday's press conference with ECB President Jean-Claude Trichet turned out to be a real jaw-dropper. While Trichet didn't commit himself to massive ...
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Happy as a Hangman (Chris Hedges)
Dec. 6, 2010 (TruthDig.com) -- Innocence, as defined by law, makes us complicit with the crimes of the state. To do nothing, to be judged by the state as an innocent, is to be guilty. It is to ...
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General Electric Tapped Fed To Borrow $16 Billion (Jeff Gerth)
The GE building in New York City. (Chris Hondros/Getty Images) Dec. 2, 2010 (ProPublica) -- Newly released documents from the Federal Reserve Board show that General Electric Co. was a significant ...
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Fed May Be `Central Bank of the World' After UBS, Barclays Aid (Bradley Keoun and Hugh Son)
Dec. 2, 2010 (Bloomberg) -- Federal Reserve data showing UBS AG and Barclays Plc ranked among the top users of $3.3 trillion from emergency programs is stoking debate on whether U.S. regulators bear ...
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U.S. Federal Reserve Conjures -- and Redefines -- Money (Matthew Cardinale)
Nov. 30, 2010 (Inter Press Service) -- ATLANTA, Georgia - The private central bank of the United States, the Federal Reserve, has begun purchasing $600 billion of long-term U.S. Treasury Bonds, ...
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The Stench of US Economic Decay Grows Stronger (Paul Craig Roberts)
Nov. 29, 2010 (Information Clearing House) -- On Thanksgiving eve the English language China Daily and People’s Daily Online reported that Russia and China have concluded an agreement to abandon the ...
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Fail and Grow Rich on Wall Street (Robert Scheer)
Nov. 24, 2010 (TruthDig) -- Welcome to the brave new world of post-bailout capitalism. The Commerce Department announced Tuesday that corporate profits are at their highest level in U.S. history, ...
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Bernanke vs. Keynes (Mike Whitney)
Nov. 23, 2010 (Information Clearing House) -- Investment drives the economy. It creates jobs, builds factories, develops technology, and stimulates growth. When investment falls, spending slows, ...
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The horrible truth starts to dawn on Europe's leaders (Ambrose Evans-Pritchard)
Nov. 16, 2010 (Telegraph) -- The entire European Project is now at risk of disintegration, with strategic and economic consequences that are very hard to predict. In a speech this morning, EU ...
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China Has Tied Bernanke's Hands: The Least We Can Do Is Be Grateful (Mike Whitney)
Nov. 19, 2010 (Information Clearing House) -- Say what you will about Alan Greenspan, he was never a whiner. Unfortunately, the same can't be said about present Fed chairman Ben Bernanke. Bernanke's ...
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