Truthout
Op-Ed
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Economic Crisis or Nonviolent Opportunity? Gandhi’s Answer to Financial Collapse
(Photo: Pranav Yaddanapudi / Flickr) On Monday the Dow Jones industrial average fell 634.76 points; the sixth-worst point decline for the Dow in the last 112 years …
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Verizon’s Workers Strike Back at Corporate Greed – You Can Join Them!
The reason you see so many cellphone stores and ads everywhere is because wireless is a very lucrative business. Wireless companies are pulling in billions and their executives are …
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Could the Pentagon Be Responsible for Your Death?
Put what follows in the category of paragraphs no one noticed that should have made the nation’s hair stand on end. This particular paragraph should also have sent …
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United States vs. Europe: Who Is Worse Off?
(Source: CartoonArts International / The New York Times Syndicate) In recent online commentary for The New York Times, Simon Johnson, the former chief economist for the International …
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United Snakes of America: Obama, the Republicans and the Media
House Speaker John Boehner and President Barack Obama meet with Congressional leadership in the Cabinet Room of the White House to discuss the debt limit and deficit reduction, July …
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Panic on the Streets of London
I'm huddled in the front room with some shell-shocked friends, watching my city burn. The BBC is interchanging footage of blazing cars and running street battles in Hackney, of …
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Another Bailout Joins the Goofball Economy
The whole thing is nuts. The economy is a shambles, saved from a free fall only by the Federal Reserve’s unprecedented promise of free money for banks for at …
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The Downgrading of America
New York Stock Exchange on Wall Street, New York. (Photo: regenmond) As Lily Tomlin noted, “No matter how cynical you get, it's almost impossible to keep up.” …
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Why the President Doesn’t Present a Bold Plan to Create Jobs and Jumpstart the Economy
Americans are deeply confused about why the economy is so bad – and their President isn't telling them. In fact, the White House apparently has decided to join with …
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S&P Ratings Destroy Information
A lot of the theory of securities markets revolves around information: securities prices respond to changes in available information, you want to provide incentives for people to produce information, …