Truthout
Economy

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Missiles Aimed at Social Security and Medicare
Missiles are pointed at Social Security and Medicare, the broad-based programs for older Americans. Some are stealth missiles. Some are misguided missiles. But both parties are pointing them. Democrats …

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Memo Sheds Light on Debate Surrounding US Stimulus
Lawrence H. Summers was head of the National Economic Council from 2009-2010. (Photo: Stephen Crowley / The New York Times) Ryan Lizza’s new article on policy making …

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GOP (2)

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The Greek Debt Crisis as Harbinger of Things to Come
The crisis in Greece is not a ‘sovereign, or government, debt’ crisis. That’s the surface appearance of the problem. The below the surface struggle is about how bankers, bondholders …

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In Europe, Great Depression Was Bad; This Is Worse
Credit: De Angelis. One thing everyone always says is that while this Lesser Depression may be bad, it’s nothing like the Great Depression. But this is in …

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Pity the Billionaire
(Image: Metropolitan Books) From the Introduction “Signs and Wonders” This book is a chronicle of a confused time, a period when Americans rose up against imaginary threats …

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More Bad News for Romney
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It’s Official: Money Now Governs America
The rich are different from you and me, but the really, really, really rich are also different from the merely rich. For example, the rich can buy caviar and …

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How the 1 Percent Loves: The $100,000 Valentine
Lest any of us forget, some people have plenty of money to throw around. Take Valentine's Day. Here’s what one four-star hotel in Chicago was offering a few weeks …

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Money Throws Democracy Overboard
(Image: Jared Rodriguez / Truthout) Watching what’s happening to our democracy is like watching the cruise ship Costa Concordia founder and sink slowly into the sea off …