Economy
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So Many Suckers, So Few Bridges (David Glenn Cox)
David Glenn Cox -- World News Trust Sept. 10, 2010 -- I sometimes don’t know who I am anymore. As I was walking to the library and I saw a younger man in a business suit buying gas. I thought to myse ...
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Fed Banks: `Widespread Signs of a Deceleration' in Economy (Joshua Zumbrun)
Sept. 8, 2010 (Bloomberg) -- The Federal Reserve said the U.S. economy maintained its expansion while showing “widespread signs of a deceleration” in mid-July through the end of August, according to ...
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Extraordinary! (David Glenn Cox)
David Glenn Cox -- World News Trust Sept. 7, 2010 -- I walk these quiet empty streets like a post-apocalyptic omega man surrounded by quiet and empty stores and houses. Past the fast food joints stil ...
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Labor Day and the Easter Bunny (David Glenn Cox)
David Glenn Cox David Glenn Cox -- World News Trust Sept. 3, 2010 -- Monday is Labor Day, a national holiday in America that’s come to be as meaningless as the Easter bunny. It is a holiday that mill ...
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The Fed's Liquidity Trap: The American and world economies are in a deliberate state of slow collapse (Bob Chapman)
Sept. 1, 2010 (Global Research) -- Almost two years ago the U.S. Treasury was selling large amounts of short-term Treasury bills to fund bailouts and stimulus. That caused a major increase in debt. M ...
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Manufacturing Index for U.S. Increased in August (Courtney Schlisserman)
Sept. 1, 2010 (Bloomberg) -- Manufacturing in the U.S. expanded at a faster pace than forecast in August as factories added workers and cranked up production. The Institute for Supply Management’s fa ...
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Consumer Confidence in U.S. Rose More Than Forecast (Shobhana Chandra)
Aug. 31, 2010 (Bloomberg) -- Consumer confidence climbed more than forecast in August as Americans turned less pessimistic about the outlook for jobs, easing concern households will retrench. The Con ...
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U.S. Government Prepares for 'Crisis' (Jeff Nielson)
Aug. 30, 2010 (The Street) -- Most market reporters, commentators and politicians continue to rely upon nothing but the same short-term "snapshots" which have caused them to be "surprised" by everyth ...
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The Backward Slide into Recession (Mike Whitney)
Aug. 30, 2010 (Information Clearing House) -- Ongoing deleveraging has slowed personal consumption and trimmed 2nd quarter GDP to a revised 1.6 percent. The economy is sliding backwards into recessio ...
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Oil Addiction And Identity (Scott Brown)
The Fundamentals of the Crisis and the Response Aug. 30, 2010 (CarolynBaker.net) -- As much as anybody, I want to see the disaster in the Gulf of Mexico be the final wake up call needed to move our s ...
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Make Sure the Bunker is Well Stocked (Mike Whitney)
Aug. 29, 2010 -- (Information Clearing House) -- Robert Herz was forced to resign from his job as as chairman of the Financial Accounting Standards Board (FASB) because he insisted that the banks ass ...
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