Truthout
Economy
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Emails Give Glimpse Into Deals That Fueled Financial Meltdown
As ProPublica has been detailing for two years, Wall Street banks and the hedge fund Magnetar worked together to build mortgage-backed deals that the hedge fund also bet against. …
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Very Bad Things Happen When We Depend on the Same People Who Caused the Foreclosure Crisis to Track Its Destruction
There is not a single federal agency that has tracked foreclosures comprehensively, a massive information gap that prevents the work of journalists, advocates and policymakers alike.
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Mr. President, the Elephant in the Room Is Not a Republican
Black male unemployment is 14.8 percent, and the current trend is up.
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WikiLeaks in Latin America: Online Whistleblower’s Wide Impact in Region Where Assange Seeks Asylum
If Julian Assange is granted asylum in Ecuador, he will become a resident of Latin America, where the trove of classified U.S. State Department cables he strategically disseminated through …
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Super Rich Holding $21 Trillion Overseas to Avoid Taxation
The $21 trillion alone is the amount of the US and Japanese economies combined.
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In New Jersey Solar Decision, Economics Trumped Ideology
Gov. Christie's move to secure solar's future was a pragmatic one. Don't expect him to campaign to promote renewables across the country, says advocate.
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SEC Shows Abject Incompetence in Case Against Citi Staffer
Itu2019s long been apparent that the problem is not the lack of viable courses of action, but lack of will to undermine the rule of our financial overlords.
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“People’s Pension” Author: Social Security Cuts Would Hurt Ethnic Families Most
Whatu2019s at stake for aging ethnic boomers and others on the economic edge?
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Raising the Minimum Wage: A Sure Path to Economic Health
It's simple: Raise the pay of working people, and as the workers buy more goods and services with their new earnings, the businesses that sell them will hire more …
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Economic Update: “Economic Facts and Realities”
Updates on Europe's ongoing crisis, real US tax history, bank tycoon admits