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Stocks: Worst Thanksgiving Drop Since ’32 (Rita Nazareth)
Nov. 25, 2011 (Bloomberg) -- U.S. stocks fell, capping the worst Thanksgiving-week drop since 1932 in the Standard & Poor’s 500 Index, as S&P cut Belgium’s rating and a report said Greece is ...
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Jefferson County, Alabama files largest municipal bankruptcy in US history (E.P. Bannon)
Nov. 17, 2011 (WSWS) -- Jefferson County, Alabama, home to the state’s most populous city of Birmingham, filed bankruptcy Oct. 9. The size of the debt is over $3 billion, making it the largest ...
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US debt deal doesn’t seem to bless the economy – Will growth reduce in 2012?
Did you think that 2011 was the worst year for the US economy? If answered yes, wait until you see what happens in 2012! The world’s economic superpower is showing positive signs of slumping into ...
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The US is a Police State: Review of 'State Power and Democracy,' by Andrew Kolin (Prof. John McMurtry)
Nov. 9, 2011 (Global Research) -- Global Research Editor's Note: This article by Professor McMurtry had been commissioned by an academic journal called New Politics. Upon receiving Professor ...
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How I Stopped Worrying and Learned to Love the OWS Protests (Matt Taibbi)
Nov. 11, 2011 (Rolling Stone) -- I have a confession to make. At first, I misunderstood Occupy Wall Street. The first few times I went down to Zuccotti Park, I came away with mixed feelings. I loved ...
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How Goldman Sacked Greece (Greg Palast)
Nov. 8, 2011 (GregPalast.com) -- Here's what we're told: Greece's economy blew apart because a bunch of olive-spitting, ouzo-guzzling, lazy-ass Greeks refuse to put in a full day's work, retire ...
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Key Lesson from Iceland Crisis is 'Let Banks Fail' (Haukur Holm)
Nov. 8, 2011 (AFP) -- Three years after Iceland's banks collapsed and the country teetered on the brink, its economy is recovering, proof that governments should let failing lenders go bust and ...
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10 Million American Families Sliding Toward Foreclosure (Sherwood Ross)
Nov. 8, 2011 (Information Clearing House) -- Of the 55-million families with mortgages, 10.4-million of them “are sliding toward failure and foreclosure” -- a tragedy that will depress the U.S. ...
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Nearly 29% Of Mortgaged U.S. Homes Underwater (Jane Hodges)
Nov. 8, 2011 (MSNBC) -- A whopping 28.6 percent of homeowners with mortgages owe more on their loans than their homes could sell for, according to quarterly data released Tuesday by Zillow, a real ...
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Nearly half of mortgages in Chicago area underwater (Mary Ellen Podmolik)
Nov. 8, 2011 (Chicago Tribune) -- A little more than 46 percent of all single-family homes with a mortgage in the Chicago area were underwater in the year's third quarter, far more than the nation ...
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The TSA’s VIPR program: Mission leap, not mission creep (Bob Barr)
Nov. 3, 2011 (The Daily Caller) -- Not content with hassling air passengers at airports across the country, the Transportation Security Administration (TSA) is now implementing plans to stop ...
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