Finance 101: Blame the Poor (While Taking Their Money)
By Gordon Arnaut
Did you know that the poor (and mostly black) people
in the US caused the global financial crisis that threw
the world economy into its worst slump since the Great
Depression of the 1930’s Continue
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Finance 202: How We Became Debt Slaves
(And Learned to Love It)
By Gordon Arnaut
Right now, the US Congress is holding hearings about
bank wrongdoing. It is very entertaining kabuki theatre,
but nothing will change. The Goldman chief (thief?) and
his cohorts may take a bit of a grilling, but behind the
scenes his bagmen are funnelling millions of dollars into
the campaign trunks of every representative, senator
(or likely hopeful) in the land. Continue
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Right Wing Talking Points Jesus for the Supreme Court?
By Brian J. Foley
Socialist Puppet? Christ fed multitudes with bread and
fish, for free (Mark 6:30-44). This giveaway reveals likely
support for welfare programs. And where did this low
wage earner obtain all this food? From powerful friends
to whom he may be beholden if confirmed as a Justice?
Continue
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"Thumbs Down" on the EU Bailout
By Mike Whitney
Greece should walk away from this farce and
start fresh. Continue
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Capitalism Without Capital
By Mike Whitney
This is a point that bears repeating: "...nearly $14 trillion
worth of complex-securitized products were created" on
top of just "$1.4 trillion" of subprime loans." No doubt, the
investment bankers and hedge fund managers who inflated
these monster balloons, knew that they were doomed from
the get-go, but then, they must have also known that
"I.B.G.-Y.B.G.", which in Wall Street parlance means, "I'll
Be Gone and You'll Be Gone." Continue
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By John Stossel
This reverses a centuries-old safeguard in
Anglo-American law against arbitrary
government power. Continue
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By Pat Buchanan
The EU just took a great leap forward to force
Europe's most indebted nations to surrender
their economic independence or be expelled
from the European Monetary Union. The
PIGS — Portugal, Ireland, Italy, Greece and
Spain — may rebel. Continue
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Great Depression 2.0. Bet on it.
By Mike Whitney
If the government cuts spending at the same
time as consumers, then overall spending
declines and the economy slips into recession.
This is what the deficit hawks want--a return
to recession. This is politics, not economics. Continue
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A CONVENIENT (I HOPE) TABLE OF CONTENTS OF
F. SCOTT SINCLAIR'S NOVELS
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View: Novelist F. Scott Sinclair on Twitter at:
http://twitter.com/novelistfscott
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Late Night Political Jokes - Late Night Jokes Updated Daily
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