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U.S. Slump May Be Longest in Decades as Growth Fell Off `Cliff' (Bob Willis, Kelly Scheuble)
Nov. 12 12:01AM (Bloomberg) -- The U.S. downturn will be the longest in three decades, and the drought in consumer spending may be the worst ever, according to economists surveyed by Bloomberg News.
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Credit losses may surpass 10 pct of U.S. GDP (Walden Siew)
NEW YORK, Nov 12 10:58AM (Reuters) - Credit losses from the financial crisis may exceed even dire estimates of $1.4 trillion, or more than 10 percent of U.S. economic output, according to the chief ...
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Industrial Capitalism Is A Given -- The Natural World Is Secondary: Melissa Gragg and Jason Miller interview Derrick Jensen
"As soon as they start to lose, I’m dead. Anybody who opposes them is dead."
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The Bailout Profiteers (Naomi Klein)
October 31st, 2008- On October 13th, when the U.S. Treasury Department announced the team of "seasoned financial veterans" that will be handling the $700 billion bailout of Wall Street, one name ...
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Fed Defies Transparency Aim in Refusal to Disclose (Mark Pittman, Bob Ivry and Alison Fitzgerald)
Nov. 10 (Bloomberg) -- The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is ...
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Join The Impact: Protest for Gay Rights
Tuesday night was a bitter-sweet celebration. We came together to witness the first black man who will become our president, yet watched in sadness as Florida, Arizona, Arkansas, and California all ...
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Presto Change-o (James Kunstler)
Nov. 10, 2008 (World News Trust) -- As the election campaign ground on like a 3000-mile race between a greyhound and an armadillo, the media kept harping on Barack Obama's vague promises of ...
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Introducing Karl Polanyi (Adrian Pabst)
Step aside, Keynes: the only economist to grasp the real limitations of capitalism and socialism was Hungarian
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Worst Retail Sales Trend Since 1974 Expected (Ruth Mantell)
Fourth consecutive month of declines seen; sentiment, trade data on tap
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Hedge Fund Managers 'Funereal' in Midst of Crisis (Alistair Barr)
More pain expected, but some look for opportunities in 'rubble'
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