Economy
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U.S. Federal Reserve Conjures -- and Redefines -- Money (Matthew Cardinale)
Nov. 30, 2010 (Inter Press Service) -- ATLANTA, Georgia - The private central bank of the United States, the Federal Reserve, has begun purchasing $600 billion of long-term U.S. Treasury Bonds, essen ...
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The Stench of US Economic Decay Grows Stronger (Paul Craig Roberts)
Nov. 29, 2010 (Information Clearing House) -- On Thanksgiving eve the English language China Daily and People’s Daily Online reported that Russia and China have concluded an agreement to abandon the ...
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Global Poverty Doubled since 1970s: UN (Agence France-Presse)
Nov. 26, 2010 -- GENEVA (Agence France-Presse) -- The number of very poor countries has doubled in the last 30 to 40 years, while the number of people living in extreme poverty has also grown two-fol ...
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Fail and Grow Rich on Wall Street (Robert Scheer)
Nov. 24, 2010 (TruthDig) -- Welcome to the brave new world of post-bailout capitalism. The Commerce Department announced Tuesday that corporate profits are at their highest level in U.S. history, and ...
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Corporate Profits Were the Highest on Record Last Quarter (Catherine Rampell)
Nov. 23, 2010 (New York Times) -- The nation’s workers may be struggling, but American companies just had their best quarter ever. American businesses earned profits at an annual rate of $1.659 trill ...
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Fighting Doom: The New Politics of Climate Change (Brendan Smith)
Nov. 23, 2010 (Common Dreams) -- I am not an environmentalist. But all I think about these days is the climate crisis. I admit I have arrived late to the party. Only recently have I begun to realize ...
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Bernanke vs. Keynes (Mike Whitney)
Nov. 23, 2010 (Information Clearing House) -- Investment drives the economy. It creates jobs, builds factories, develops technology, and stimulates growth. When investment falls, spending slows, unem ...
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Power and the Tiny Acts of Rebellion (Chris Hedges)
Nov. 23, 2010 (TruthDig) -- There is no hope left for achieving significant reform or restoring our democracy through established mechanisms of power. The electoral process has been hijacked by corpo ...
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BOOK REVIEW: Truth About Global Economic Crisis (Joel S. Hirschhorn)
Joel S. Hirschhorn -- World News Trust Nov. 26, 2010 -- You want to read The Global Economic Crisis The Great Depression of the XXI Century, edited by Michel Chossudovsky and Andrew Gavin Marshall, i ...
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The Evolution of Transition In The U.S. (Michael Brownlee)
The Backstory Nov. 26, 2010 (Transition Times) -- The emergence of the Transition movement in the last four years or so is one of the most hopeful signs in the early 21st century, and Transition may ...
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Peak Energy, Climate Change, and the Collapse of Global Civilization (Tariel Mórrígan)
Global Climate Change, Human Security & Democracy -- Orfalea Center for Global & International Studies University of California, Santa Barbara -- October 2010 Nov. 21, 2010 -- This is the final chapt ...
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