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Fed Lowers Rate by a Quarter Point to 4.25 Percent (Craig Torres)
By Craig Torres Dec. 11 (Bloomberg) -- The Federal Reserve cut its benchmark interest rate by a quarter-point to 4.25 percent to prevent the housing slump and credit squeeze from undoing the ...
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Terms Of The Debate: How Severe Will The Hard Landing Be? (Nouriel Roubini)
The consensus is moving from the soft vs. hard landing debate towards how severe the hard landing will be Nouriel Roubini -- Nouriel Roubini's Global EconoMonitor Dec 11, 2007 -- While a few months ...
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Using Hydrogen to Clean Up Fossil Fuels (Tyler Hamilton)
By Tyler Hamilton -- The Toronto Star Dec. 10, 2007 -- Hydrogen might be an emission-free fuel when burned or put through a fuel cell, but given that fuel-cell cars for the mass market are at least ...
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The Giver Of Pain And Delight (Mary Lyon)
by Mary Lyon, From The Left -- World News Trust Dec. 4, 2007 -- The original "Star Trek" series had an episode, called "Spock's Brain," which boasts an exquisitely descriptive line that's stuck in ...
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Spirit of the Season (James Kunstler)
James Kunstler -- Clusterfuck Nation The clowns in charge of things understandably feel that they have to do something -- or pretend to -- in the face of what is shaping up to be not just a credit ...
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'Decoupling' Debunked as U.S. Collapse Infects World (Simon Kennedy)
By Simon Kennedy Dec. 7 (Bloomberg) -- It turns out the U.S. economy matters after all. The credit collapse and dollar decline that followed a surge in U.S. home foreclosures jeopardize expansions ...
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Iran drops dollar from oil deals (AFP)
TEHRAN (AFP) — Major crude producer Iran has completely stopped carrying out its oil transactions in dollars, Oil Minister Gholam Hossein Nozari said Saturday, labelling the greenback an unreliable ...
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Paulson Mortgage Plan Surfaces Too Late to Stem Housing Slide (Brian Louis)
By Brian Louis Dec. 7 (Bloomberg) -- U.S. Treasury Secretary Henry Paulsons plan to prevent as many as 1.2 million people from losing their homes by freezing interest rates on subprime ...
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Redefining 'Positive': Collapse From Beyond The Human-Centric Perspective (Carolyn Baker)
I occasionally receive hate email but more frequently receive ones like this: "I've just unsubscribed to your email list. Your website is filled with negative stories and articles, and I need to ...
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Solvitur Ambulando (John Michael Greer)
John Michael Greer -- The Archdruid Report Dec. 5, 2007 -- As last week’s post suggested, the crisis of industrial society may just be approaching a critical stage in the near future. This has had ...
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A Feral Dog Howls in Harvard Yard (Joe Bageant)
Joe Bageant -- World News Trust If there is one bright spot in the bleak absurdity of slogging along in our new totalist American state, it is that ordinary working Americans are undisciplined as ...
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