Finance
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World Job Crisis is a Threat to Democracy, Says IMF Head (Larry Elliott)
International Monetary Fund meeting dominated by fears that US job crisis will add to currency tensions with China Oct. 10, 2010 -- WASHINGTON (The Guardian) -- The International Monetary Fund was ...
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Boiler Rooms, Foreclosure Mills: The Story of America’s Mortgage Industry (Michael Hudson)
Oct. 8, 2010 (Center For Public Integrity) -- The news about the nation’s foreclosure scandal has been coming fast and furious, driven by tales of backdated documents, false affidavits and “rocket ...
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The Secret Big-Money Takeover of America (Robert Reich)
Oct. 8, 2010 (Information Clearing House) -- Not only is income and wealth in America more concentrated in fewer hands than it’s been in 80 years, but those hands are buying our democracy as never ...
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America’s Third World Economy (Paul Craig Roberts)
Oct. 8, 2010 (Information Clearing House) -- For a number of years I reported on the monthly nonfarm payroll jobs data. The data did not support the praises economists were singing to the “New ...
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Bernanke Tells the Truth: The United States is on the Brink of Financial Disaster (Robert Wenzel)
Oct. 5, 2010 (EconomicPolicyJournal.com) -- Yesterday, Federal Reserve Chairman Ben Bernanke delivered a speech before the the Annual Meeting of the Rhode Island Public Expenditure Council ...
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Mortgage-Title Fraud: A National Catastrophe -- Jeff Nielson
Oct. 8, 2010 (Seeking Alpha) -- It is impossible to overstate the severity of the real estate crisis in the United States which has been caused entirely by the reckless fraud of the nation’s largest ...
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BofA Extends Freeze on Foreclosures to All 50 States (Michael J. Moore and Lorraine Woellert)
Oct. 6, 2010 (Bloomberg) -- Bank of America Corp., the biggest U.S. lender, extended a freeze on foreclosures to all 50 states as concern spread among federal and local officials that homes are ...
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Drinks Are Free as Bartenders Refill Punchbowl (William Pesek)
Oct. 6, 2010 (Bloomberg) -- It has been 13 years since the Bank of Japan was freed from the clutches of politicians. What has it done since? Cut interest rates to zero and left them there. If that’s ...
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Fmr. Intelligence Director: New Cyberattack May Be Worse Than 9/11 (Max Fisher)
Sept. 30, 2010 (The Atlantic) -- Speaking at the Washington Ideas Forum at the Newseum in Washington, D.C., former Director of National Intelligence and Director of the National Security Agency Mike ...
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Retail Sales in U.S. Increase for a Second Month (Shobhana Chandra)
Sept. 14, 2010 (Bloomberg) -- Sales at U.S. retailers rose in August for a second consecutive month, easing concern the economy will stumble in the second half of the year. Purchases increased 0.4 ...
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International Panel Reaches Accord on New Rules for Banking Industry (New York Times)
Sept. 12, 2010 (New York Times) -- Top central bankers and bank regulators agreed Sunday in Basel, Switzerland, on far-reaching new rules for the global banking industry that are designed to avert ...
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