Finance
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Prime U.S. Mortgage Foreclosures Rise to Record (Kathleen M. Howley)
Nov. 18, 2010 (Bloomberg) -- Foreclosures on prime fixed-rate mortgages in the U.S. jumped to a record in the third quarter as unemployment strained household budgets of the most creditworthy ...
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It’s Official: Rich Declare War on the Middle Class (Robert Freeman)
Nov. 14 (Common Dreams) -- For the past thirty years the rich have been waging war on the middle class. It’s been astonishingly effective, partly because it has been undeclared. But even that ...
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Bank of America Is in Deep Trouble There May Be Financial Disaster on the Horizon (Joshua Holland)
Nov. 12, 2010 (AlterNet) -- Will Bank of America be the first Wall Street giant to once again point a gun to its own head, telling us it'll crash and burn and take down the financial system if we ...
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Yes, I Can: Straight Talk on Balancing the Budget (Ted Rall)
Nov. 12, 2010 (CommonDreams.org) -- The federal budget deficit is like the weather. Everybody talks about it; except for Bill Clinton, no one ever does anything about it. President Obama's ...
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Courts Helping Banks Screw Over Homeowners (Matt Taibbi)
Retired judges are rushing through complex cases to speed foreclosures in Florida Nov. 10, 2010 (Rolling Stone) -- The foreclosure lawyers down in Jacksonville had warned me, but I was skeptical. ...
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Erin Go Bust (Mike Whitney)
Nov. 11, 2010 (Information Clearing House) -- There was a bank run in Ireland Wednesday. LCH Clearnet, a London-based clearinghouse, surprised the markets by announcing it would increase margin ...
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Joining In The Dance (John Michael Greer)
Nov. 10, 2010 (Archdruid Report) -- Recent headlines, it seems to me, put an interesting slant on the much-ballyhooed claim that we live in an information society. I’m thinking here especially of ...
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Slide in Home Prices Signals Trouble Ahead: IAS (Carrie Bay)
Nov. 9, 2010 (DSNews) -- Residential property values fell 0.2 percent at the national level during the third quarter of this year, according to Integrated Asset Services (IAS). In front of ...
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Outrage, Misguided (Noam Chomsky)
Nov. 4, 2010 (New York In These Times) -- The U.S. midterm elections register a level of anger, fear and disillusionment in the country like nothing I can recall in my lifetime. Since the Democrats ...
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A Recipe for Fascism (Chris Hedges)
Nov. 8, 2010 (Truthdig) -- American politics, as the midterm elections demonstrated, have descended into the irrational. On one side stands a corrupt liberal class, bereft of ideas and unable to ...
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Nine stories the press is underreporting -- fraud, fraud and more fraud (Dan Froomkin)
From liars' loans to liars' liens, the financial and foreclosure crisis has been one big story of banks defrauding their customers -- a vast criminal enterprise. You wouldn't know it from a lot of ...
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