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Side Trip (James Kunstler)
March 16, 2009 (World News Trust) -- While evermore appalling shenanigans within the AIG corporation preoccupied the U.S. media last week, I made a side trip to the Republic of South Africa. The ...
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America faces new Depression misery as financial crisis worsens (Mike Harvey)
March 13, 2009 -- SACRAMENTO (Times Online) -- By the wide stretch of the American River in Sacramento, history is repeating itself. Here, during the Great Depression of the 1930s, men and women who ...
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Global Stocks Rally on Improving Economic, Banking Outlook (Cristina Alesci and Adam Haigh)
March 16 (Bloomberg) -- Global stocks climbed for a fifth day as the Group of 20 vowed to clean up toxic assets, Federal Reserve Chairman Ben S. Bernanke said the recession may end this year, and ...
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The Real Scandal of AIG (Robert Reich)
March 15, 2009 (Huffington Post) -- The real scandal of AIG isn't just that American taxpayers have so far committed $170 billion to the giant insurer because it is thought to be too big to fail -- ...
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Reflections on the latest dead cat bounce or bear market sucker’s rally (Nouriel Roubini)
The latest stock market rally is just a dead cat bounce
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Suburbia R.I.P.(Michael Cannell)
March 12, 2009 (FastCompany.com) -- The economic downturn has accomplished what a generation of designers and planners could not: it has turned back the tide of suburban sprawl.
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World hunger, the crisis inside the economic crisis (Sonni Efron)
As food prices skyrocket, the jobs and wages of the poorest are being devastated. But will the developed world act when it's focused on averting a financial meltdown?
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Democracy Incorporated Reviewed By Chris Hedges
The United States, if it does not radically alter course, will become a totalitarian state. That is the argument of Sheldon S. Wolin's Democracy Incorporated.
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45 percent of world's wealth destroyed: Blackstone CEO (Megan Davies and Walden Siew
NEW YORK (Reuters) -- Private equity company Blackstone Group LP CEO Stephen Schwarzman says as much as 45 percent of the world's wealth has been destroyed by the global credit crisis.
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U.S. Stocks Post Steepest Gain Since November as Banks Rebound (Lynn Thomasson)
March 14 (Bloomberg) -- U.S. stocks ended a four-week losing streak with the steepest rally since November after the nation’s three largest banks said they’ve become profitable and General Electric ...
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Pentagon plans blimp to spy from new heights (Julian E. Barnes)
Giant dirigible would use radar to closely and constantly monitor activity on the ground from 65,000 feet
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