Truthout
Economy
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Oil Speculator Bankrolls Latest Karl Rove Attack Ad
Paul Singer, a New York hedge fund manager, as he exits a vehicle in New York, November 1, 2007. (Photo: Rob Bennett / The New York Times)The latest anti-Obama …
Deficits, Debts and Demagogues
(Photo: _Davo_; Edited: JR / TO)Government budget deficits and the national debt are occasions more for demagogues to preach than for serious analysis. The usual suspects, conservatives and liberals, …
For the Great Recession, a Third Jobs Relapse?
For the third time in as many years, jobs growth over winter 2012 once again shows signs of a major relapse this spring and summer. The Labor Department's employment …
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Bring Back Fiscal Policy
The recent exchange on the nature of banking among Paul Krugman, Scott Fullwiler, Steve Keen and others has been feisty and instructive. But some readers might be left wondering whether the whole exercise …
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How Canada Exports Death and Disease to the Developing World
The death of remarkable Australian mountaineer Lincoln Hall from mesothelioma last month, at the age of just 56, has brought back into sharp focus the deadly properties of asbestos. Hall was …
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White House Report Backs Obama Push for Tax on Millionaires
Washington - Going on the offensive as the presidential campaign heats up, the White House released a report late Monday that champions legislation to force the wealthiest Americans to …
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Twenty-Six Major Corporations Paid No Corporate Income Tax for the Last Four Years, Despite Making Billions in Profits
Last year, Citizens for Tax Justice found that 30 major corporations had made billions of dollars in profits whilepaying no federal income tax between 2008 and 2010. Today, CTJ updated …
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Food Stamps Helped Reduce Poverty Rate, Study Finds
Washington - A new study by the Agriculture Department has found that food stamps, one of the country's largest social safety net programs, reduced the poverty rate substantially during …
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Bill & Melinda Gates Foundation Withdraws Support From ALEC
Following Kraft, Pepsi, Coca-Cola, and Intuit, another influential sponsor of ALEC has withdrawn its support from the right-wing corporate front group. Roll Call reports: The Bill and Melinda Gates Foundation today became the latest …
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US Hedge Fund Managers Can Buy Anything, Except Respect
Traders on the floor of the stock exchange on Wall Street continue their work as President Obama gives a speech about banking reforms at Cooper Union in Manhattan Thursday, …