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US Government Hits Debt Ceiling, Lighting 11-Week Fuse
Treasury Secretary Timothy Geithner informed Congress on Monday that the United States has reached its legal debt limit, setting off a ticking time bomb that could explode in less …
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Strong Unions: The Worst Nightmare for the Financial Elite
Protesters in Madison, Wisconsin, February 19th, 2011. (Photo: ra_hurd) The antiunion movement in the United States keeps us underpaid and represents a serious impediment to economic growth. …
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The Battle Is Squared, and Why We Need Budget Jujitsu
Technically, the federal government has now reached the limit of its capacity to borrow money. Raising the debt ceiling used to be a technical adjustment, made almost …
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Dominique Strauss-Kahn and Global Capitalism’s Heart of Darkness
Dominique Strauss-Kahn, the leader of the International Monetary Fund, appears in court for an arraignment over allegations that he had sexually assaulted a maid in New York, May 16, …
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Following 2010 Election Defeats, Blue Dogs Turn to Lobbying
Almost a third of the Blue Dog Democrats who retired or were defeated in 2010 have gone to work for organizations that lobby their former colleagues in Congress, according …
Teapublicans, Timidcrats and the $14.3 Trillion US Federal Debt (2)
President Obama on April 13 gave another of his now notorious “maybe this/maybe that” speeches. Raise taxes on the rich, he said. But in the same breath announced, "everything's …
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The Kooky Konservative Klown Kar
Donald Trump at CPAC 2011 in Washington, DC. Trump recently announced he would not be running for president. (Photo: Gage Skidmore) Say it ain't so, Donald. …
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Vital Truths Behind Debt Ceiling Debate – Compassion or Corruption?
Dear Truthout Community, Today could very well go down in history as a turning point, as the US Treasury hits the debt ceiling, the US government’s legal …
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Trump Opts Out of Presidential Run
Donald Trump has fired himself. Mr. Trump, the real estate mogul and reality television host, is not going to run for president, he said Monday, ending months …
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Sixty More Days in Libya: Obama Does Bush Lawyers Proud
Now we know why Obama has gone to such outrageous lengths to keep Bush's lawyers out of prison, claiming powers of secrecy and immunity beyond Cheney's wildest dreams and …