This is hard to believe, what has gone wrong for California?
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When we were told that the first nine banks to receive government bailout money were healthy last fall, we were lied to. Neil Barofsky, the special inspector...
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GENEVA (Reuters) – Switzerland knocked the United States off the position as the world's most competitive economy as the crash of the U.S. banking system...
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Does anyone really think the voice of someone who makes 20,000 a year is heard equally heard next to someone who makes 20 million?...
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Americans are sick and tired of Washington's dysfunctional politics. But it's not Congress they should be angry at -- Americans got exactly the system of...
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By putting an office in Nevada, where there is a zero percent corporate tax rate, Apple avoids paying the millions of dollars in taxes that would be levied in...
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Financial Times columnist Edward Luce has written a new book called Time to Start Thinking: America in the Age of Descent that has received well-deserved acclaim and...
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The Road to Perdition - The majority of Americans may believe that the economic crisis knocked them off their destined course to wealth and prosperity, but the...
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WASHINGTON (MarketWatch) - U.S. real gross domestic product for the first quarter was revised to an increase of 1.9% annualized from the earlier estimate of a 1.8%...
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One promising response to the economic meltdown has been a focus on severing ties to the Wall Street banks that caused the crisis. By Barbara Dudley - The Nation...
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When Greece exchanged its drachma for the euro in 2000, most voters were all for joining the Eurozone. Their hope was that it would ensure stability, and that this...
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The Treasury has told lawmakers a roughly $2 trillion rise in the legal limit on federal debt would be needed to ensure the government can keep borrowing through the...
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In addition to Rachel's observations: When bin Laden talked about what he was doing and why, he was always talking about money. Even at times you really...
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From the mouth of a Democrat that is buddies with the administration. Bangkok, Thailand May 1, 2011 - In a one hour April 26, 2011 talk before the Council on...
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According to a Pew Research poll released April 26, 81 percent of the American people believe that “the federal budget deficit is a major problem that the...
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The U.S. economy is dying and we are heading for the next Great Depression. The talking heads in the mainstream media love to spin the economic numbers around and...
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Yves Smith-One nagging question is how the increased concentration of income and wealth in the top strata came to pass. The story that this group and their hangers-on...
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By: Robert Reich - As the government approaches its borrowing limit of $14.3 trillion, Republicans are seeking political advantage over what conditions should be...
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We’ve discussed Rick Snyder’s “Emergency Financial Manager” bill in this space previously. Now it’s time to take a look at what happens...
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Click pic for a very well done and comprehensive look at your tax dollars. The website is interactive, so if you click on a slice, it will show you what makes it up....
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4/19/11 - So yesterday was tax day, and that of all days was when the rating agency S&P decided to publicly scold the US leaders, and their constituents, by...
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Is humanity forming en-masse? for lo, tyrants tremble, crowns grow dim, The earth, restive, confronts a new era, perhaps a general divine war, No one knows what...
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The Associated Press story that has Congress in a tizzy says that the CBO reads the new budget deal as massively less thrifty than advertised. However, there’s...
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If there’s one constant in the elite national discourse of the moment, it is the claim that America was founded as a capitalist country and that socialism is a...
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