Truthout
Economy
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President Obama’s Reported Leading Choice As Ben Bernanke’s Successor As Chairman Of The Fed, Lawrence Summers, Shares Blame For Causing The Great Recession
The latest rumors out of Washington have Lawrence Summers in the lead to be President Obama's choice as the successor to Ben Bernancke as Chairman of the Federal Reserve. …
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Economic Policy Debates: Theater of Distraction
Richard Wolff: The debates proceed as if official policies were key to ending crises.
Portugal Economy Sinks, State Clings to Bailout’s Austerity Terms
Wouter De Broeck: Creditors breathe a sigh a relief and ordinary people pay big price over deal, while no political party is seen as credible before discontent voters.
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Global Power Project, Part 7: Banking on Influence With Citigroup
This big bank has a sordid history of predatory profiteering and criminal activity, not unlike all the other large banks.
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Concentrated, Privatized Wealth or Shared Prosperity and Economic Democracy?
It is going to take action from below to create an economy that puts people and the planet before profits.
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No More Second Chances for Larry Summers
William Grieder: If Obama chooses Larry Summers for Federal Reserve chairman, Wall Street wins again.
Collapsing Investment and the Great Recession
Economics professor Gerald Friedman illustrates the links between collapsing investment and the Great Recession.
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How We Are Impoverished, Gentrified and Silenced – and What to Do About It
Momentous change almost always begins with the courage of people taking back their own lives against the odds. Just do it, says John Pilger.
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Time to Send the Crony Banksters to Jail
This morning, in one of the largest insider trading cases in U.S. history, a federal grand jury indicted SAC Capital Advisors, a major hedge fund worth $15 billion dollars, …
Political Dreaming in the Twenty-First Century: Where Has It Gone?
Itu2019s time to try a different approach - to keep feeling and voicing what Martin Luther King, Jr., called u201cthe fierce urgency of now.u201d