Truthout
Economy
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Congress Takes a Step or Two Forward, Two Steps Back
Watching some of the news coming from Capitol Hill this week, two old music videos started buzzing around in our heads. One was the classic “I'm Just a Bill,” …
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The 1 Percent’s Doctrine for the 99 Percent
A little over a year ago, while researching the Confederacy's economy, I stumbled across this unnerving graph charting the value of America's “stock of slaves” in the last decades …
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Why Do New York Times Columnists Keep Swooning for Paul Ryan?
After David Brooks last year, now it’s James Stewart who has fallen for Paul Ryan’s rugged good looks. He attempts to defend Ryan’s tax proposals against charges that they favor the rich: "To …
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Burning Ice: The Next Energy Boom?
Set a lighter to an icy block of methane hydrate, a naturally frozen combo of methane gas and water, and flames spew forth at random. However unlikely this fluke …
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Down and Out on Wall Street
(Photo: Victor1558) Have you heard about the earthquake that has shaken Wall Street to its very core? Well, brace yourself, for this really is a shocker: bonus payments are …
Occupy Should Force Obama’s Hand on Jobs
A lot of us Occupiers everywhere smiled or cheered at the successful impact the movement's overarching goal - more economic, social and political equality between the 1 percent and …
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West Coast “Green” Jobs Data Shows Promise
A group of West Coast leaders has made its first attempt to quantify how many jobs have been spurred by the clean economy, a sector that includes engineers who …
JOBS Act: The Dumbest “Bipartisan” Move Since Repealing Glass-Steagall
Here we go again. Once again the ‘bipartisan’ consensus in Washington, fueled by an intoxicating brew of conventional wisdom laced with campaign cash, has repealed some of those 'cumbersome …
Loan Forgiveness Good for the Economy, and Maybe Fannie and Freddie Mac Too
New analyses by mortgage giants Freddie Mac and Fannie Mae have added an explosive new dimension to one of the most politically charged debates about the housing crisis: Whether …
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The Republican Budget, Explained
The new Republican budget plan: Smoke, smoke, smoke, smoke, smoke, smoke, smoke, smoke, smoke, smoke, smoke, smoke, smoke, smoke, smoke, smoke, smoke, smoke. Tax cuts for the 1%, cuts …