Finance
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When Banks Are the Robbers (Amy Goodman)
Oct. 20, 2010 (TruthDig) -- The big banks that caused the collapse of the global finance market, and received tens of billions of dollars in taxpayer-funded bailouts, have likely been engaging in ...
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America's False Consciousness (Charles Sullivan)
Oct. 20, 2010 (Information Clearing House) -- An essay authored by Patrick Martin, and published at the World Socialist Web Site Oct. 13, 2010, revealed some interesting findings regarding the ...
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Obama Hires a Hustler (Robert Scheer)
Oct. 19, 2010 (TruthDig) -- One day as Wall Street was crashing, President George W. Bush had the temerity to plaintively ask his treasury secretary, Henry Paulson: “How did this happen?” Paulson, ...
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Algorithms And Red Wine: Is The 'Digital Hive' A Soft Totalitarian State? | Joe Bageant
Joe Bageant at Innie's Cafe in Belize Joe Bageant -- World News Trust Oct. 24, 2010 -- Ferrara, Italy -- Sitting in a bottliberia, one of those wine bars that brings out food to match your ...
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Bernanke Ponders The 'Nuclear Option' (Mike Whitney)
Oct. 15, 2010 (Information Clearing House) -- Ben Bernanke's speech on Friday in Boston could turn out to be a real barnburner. In fact, there's a good chance the Fed chairman will announce changes ...
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Why the U.S. has Launched a New Financial World War, And How the the Rest of the World Will Fight Back (Michael Hudson)
“Coming events cast their shadows forward.” – Goethe Oct. 12, 2010 (Counterpunch) -- What is to stop U.S. banks and their customers from creating $1 trillion, $10 trillion or even $50 trillion on ...
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Slashing the Dollar - The Future is Ugly (Mike Whitney)
Oct. 13, 2010 (Information Clearing House) -- This has the makings of a real donnybrook. The Fed has has hinted that it will launch a second round of quantitative easing (QE) sometime after its Nov. ...
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Currency wars are necessary if all else fails (Ambrose Evans-Pritchard)
The overwhelming fact of the global currency system is that America needs a much weaker dollar to bring its economy back into kilter and avoid slow ruin, yet the rest of the world cannot easily ...
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Wells Fargo: No halt to foreclosures (Mark Calvey)
Oct. 8, 2010 (San Francisco Business Times) -- Wells Fargo said Friday it has no plans to adopt a foreclosure moratorium despite Bank of America’s decision today to halt all foreclosures. “Wells ...
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Government had Been Warned for Months about Troubles in Mortgage Servicer Industry (Zachary A. Goldfarb)
Oct. 10, 2010 (Washington Post) -- Consumer advocates and lawyers warned federal officials in recent years that the U.S. foreclosure system was designed to seize people's homes as fast as possible, ...
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S&P: 60 Percent Of Countries Will Be Bankrupt Within 50 Years (Daniel Tencer)
Predicts US will have a debt of 415 percent of GDP by 2050 Oct. 10, 2010 (Raw Story) -- Some 60 percent of the world's economies will be so in debt by 2060 that their debt will be downgraded to ...
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