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Credit Card Debt: This Popping Bubble Is Really Going to Hurt (Danny Schechter)
(AlterNet) -- While many eyes are focusing on the housing meltdown and its hugely negative effect on an economy clearly moving into recession, few are paying attention to the next bubble expected to ...
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Climate Change Is Already Affecting the West's Water (Bob Burnett)
Aug. 14, 2008 (Huffington Post) -- It's said our primeval ancestors had a simple arithmetic system: "One, two, three, many." That describes the focus of many 2008 voters, whose concerns are the ...
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Senators Call for Investigation of CFTC Report (Ayesha Rascoe)
WASHINGTON, Aug 15 (Reuters) - Several U.S. lawmakers urged the Inspector General of the Commodity Futures Trading Commission this week to investigate a study released by the futures market ...
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To the Princes of Gringolia -- Joe Bageant
Joe, Exporting America to Indigenous People of South America Joe Bageant -- World News Trust Aug. 14, 2008 HOPKINS VILLAGE, Belize -- Right now I am doing something only someone as fucked up as an ...
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Living Costs Rising Fast, and Wages Are Trailing (Michael M. Grynbaum)
The cost of living, led by the soaring cost of gasoline and food, is rising at the fastest rate since the recession of the early 1990s, the government said on Thursday, handing a de facto pay cut to ...
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U.S. Foreclosures Rise 55%, Bank Seizures Reach High (Dan Levy)
Aug. 14 (Bloomberg) -- Banks repossessed almost three times as many U.S. homes in July than a year earlier and the number of properties at risk of foreclosure jumped 55 percent as falling prices ...
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U.S. Consumer Prices Rose More Than Forecast in July (Shobana Chandra)
Aug. 14 (Bloomberg) -- U.S. consumer prices jumped to a 17- year high in July, reducing the ability of the Federal Reserve to lower interest rates should the economic slowdown deepen.
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When You Act Like a Jerk, You're Gonna Be Treated Like a Jerk (Mary Lyon)
It would be one thing if John Edwards’ big boo-boo stood alone. But it isn’t working out that way.
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Who's to Blame for The Russian Georgian Conflict? (Videos)
Pepe Escobar: Georgia is a strategic client state of the US with close ties to the Bush administration
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Shoulder Season (James Kunstler)
America is on vacation from its financial, fiscal, and economic problems, having left the centers of power in Wall Street and Washington for a Nantucket-of-the-mind, where, in a haze of artisanal ...
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The Fictions of a Free Market (Maggie Mahar)
What is delightful about James Galbraith's The Predator State is that he says things that are, at once, outrageous-- and completely true. Because he shows so little concern for what one "can" and ...
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