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Re: The State of the Union
There are so many nits to pick, foolish claims to debunk, neoliberal hooey to ridicule…. I shall limit myself to three points the President failed to address last night: Weakening the dollar...
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Gasoline prices increase because of speculative investing
Some of the explanations for America’s current relatively high gas prices contain a kernel of truth. Countries have hoarded petroleum in order to have enough of it on hand if Israel and the United...
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Heroic Americans — citizens of the land of the free, home of the brave
Journalist Eyal Press, during his report on dissent, whistleblowing and elite opposition to both in Obama’s America, makes this remarkable but unsurprising claim: Despite the lore of the whistleblower...
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Occupy Wall Street protesters evicted from Zuccotti Park
The New York City Police Department, currently embroiled in scandals which are so common (ticket fixing, gun running and contraband smuggling, rape, killing of the unarmed, surveillance of the...
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The ungrateful bastards
The New York Times reports that: President Obama’s re-election campaign is straining to raise the huge sums it is counting on to run against Mitt Romney, with sharp dropoffs in donations from nearly...
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The London Disease
The phrase just rolls off the tongue, doesn’t it! One even expects it to make sense. What, then, is the London Disease? Well, Which brings us to an issue that is fast troubling global financial...
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Quote of the day
Charles M. Young made me laugh with this celebration of OWS’ first birthday: Is there anything less threatening than a morbidly obese cop on motor scooter? Okay, 25 morbidly obese cops on motor...
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Randall Wray: The World’s Worst Central Banker
L. Randall Wray, a heterodox economist and proponent of Modern Monetary Theory who teaches economics at the University of Missouri at Kansas City, wrote an amusing account of a central banker get...
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The FBI considered the Occupy Movement a terrorist threat
From a PCJF news release: FBI documents just obtained by the Partnership for Civil Justice Fund (PCJF) pursuant to the PCJF’s Freedom of Information Act demands reveal that from its inception, the FBI...
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Good question
Michael Hudson asks: This pro-austerity mythology [which animates orthodox economics and economic policy in the United States and elsewhere] aims to distract the public from asking why peacetime...
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