Truthout
Economy
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Behind New Jersey’s Tobacco Bond Bailout, A Hedge Fund’s $100 Million Payday
When New Jersey bailed out some of its tobacco bonds, the state gave up $400 million in future revenues to pocket $92 million immediately.
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Economists as Entertainers
A hired-gun economist who is actually competent probably doesn't have the kind of blithe certainty in right-wing dogma that his employers want.
Who Goes to Jail? Matt Taibbi on “The Divide: American Injustice in the Age of the Wealth Gap”
In his new book, Matt Taibbi asks why the vast majority of white-collar criminals have avoided prison since the financial crisis began.
Russell Brand on Revolution, Fighting Inequality, Addiction, Militarized Police and Noam Chomsky
Brand has taken part in anti-austerity protests, spoken at Occupy Wall Street protests and marched with the hacker collective Anonymous.
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Vladimir Putin’s Unraveling Russia
It's impressive just how quickly and convincingly the wheels have come off the Russian economy.
Syriza: From Radicalism to Pragmatism; the State of the Left in Greece
Syriza's leadership has begun a process of political and ideological transformation way ahead of the party's rise to power.
Saudis Tell Shale Industry It Will Break Them, Plans to Keep Pumping Even at $20 a Barrel
The Saudis will keep pumping oil even as prices slide, and by implication, will force production cuts on others.
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Robert W. McChesney: “Capitalism as We Know It Has Got to Go“
Robert McChesney continues his argument for a press that does not represent the interests of the oligarchy.
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Intellectual Dishonesty on Display in Britain
Chancellor of the Exchequer George Osborne produces a ludicrous budget, and even commentators who acknowledge it's ludicrous give him credit.
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New Year’s Resolutions: Ten Ways to Combat Upward Redistribution of Income
This list should provide a useful set of market friendly policies that will both lead to more equality and more growth.