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Crisis: The Motor of Capitalism
Capitalism's history coincides with the history of its crises. Over the 1970-2007 period, there were at least 124 banking crises, 208 exchange rate crises and 63 sovereign debt crises! …

States Sue EPA Over a Misquote: The Fight Over Climate Change Gets More Ridiculous
A few weeks ago, 12 states joined in an ongoing lawsuit against the Environmental Protection Agency (EPA) to block regulation of carbon dioxide, citing faulty scientific data.

Obama Blasts “Fear Mongering” on Health Care Reform
Portland, Maine -President Obama touted the benefits of the new healthcare reform law in a public speech here Thursday, using the friendly atmosphere of a state that has been …

How Republicans Win
Washington's conventional wisdom for explaining the intensity of Republican obstructionism toward President Barack Obama breaks down one of two ways: either it's a philosophical disagreement over the role of …

Agent Orange and Vietnam’s Forgotten Victims
Danang, Vietnam - At 46, each year of misery seems to have etched new wrinkles around Tran Thanh Dung's angry gaze. When he was child in the early 1970s, …

Will Legalized Marijuana Keep California in the Green?
While a legalized marijuana crop wouldn't solve all of California's agricultural woes, it might still keep the state in the green. The three-hour Northern California drive from San Francisco …

Penance Demands Action
Washington - At its holiest time of the year, the Roman Catholic Church is being forced to confront not only the central mystery of the faith — life after …

Why Are Beheadings Popular With Mexico’s Drug Gangs?
Cuernavaca, Mexico - The preferred form of cruelty by drug cartel henchmen is to capture enemies and behead them, a once-shocking act that has now become numbingly routine. Since …

Robert Reich | The Fed in Hot Water
The Fed has finally came clean. It now admits it bailed out Bear Stearns – taking on tens of billions of dollars of the bank's bad loans – in …

China’s Global Shopping Spree: Is the World’s Future Resource Map Tilting East?
Think of it as a tale of two countries. When it comes to procuring the resources that make industrial societies run, China is now the shopaholic of planet Earth, …