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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, …
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S&P Director: GOP’s Balanced Budget Amendment Would Hurt America’s Creditworthiness
After the first round of the contentious debt limit fight, congressional Republicans are redoubling their efforts to push through a so-called Balanced Budget Amendment as a solution to the …
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Democracy Died First in Wisconsin – Long Live the Oligarchs
The Wisconsin recall election was the first major test of the new era in American politics. That new era began in January of 2010 when the US Supreme Court …
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Wisconsin Recall Replaces Two Republican Senators
Five months to the day after the Republican majority in the Wisconsin State Senate voted to approve Governor Scott Walker's plan to strip most collective bargaining rights from public …
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Warning: This Article Contains Graphic Journalism
Journalism will again become what it was more than a century ago - a form of art. -Chris Hedges
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Despite Solar Options, NASA-Nuclear Alliance Continues Plutonium-Powered Missions
What is the National Aeronautics and Space Administration's (NASA) future now that Atlantis has landed and the shuttle program is over? If NASA persists in using nuclear power in …
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Shock Doctrine II: The Courage Con
The establishment campaign to use the economic crisis to cut Social Security and Medicare continues to escalate. Helene Cooper in New York Times offers up new theme: If president …
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Progressives Say American Dream Movement Rivals Tea Party
Van Jones speaking to protesters in Washington, DC, February 26, 2011 at the Save the American Dream Rally. (Photo: markn3tel) As Americans face the economic fallout of …
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Part Two: FEMA and Disaster: A Look at What Worked and What Didn’t From a FEMA Insider (1993 – 2000)
FEMA Director James Lee Witt visits applicants at the FEMA Disaster Recovery Center in Kinston, North Carolina. Witt along with state and local officials toured the flood ravaged area …
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Republicans Hold On to Wisconsin Senate After Recall Vote
Sayner, Wisconsin — Two Republican state senators lost their seats in recall elections around Wisconsin on Tuesday, but Republicans maintained their control of the State Senate, ultimately handing a …