Truthout
Economy
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79,000 Unemployed South Carolinians to Lose Long-Term Jobless Benefits
Extended federal unemployment benefits are being phased out for almost 80,000 jobless workers in South Carolina despite the state’s high 9.3 percent jobless rate. About 6,500 people will lose …
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On Bank of America, Occupy Wall Street Has Told You So
(Photo: Mike Fleshman / Flickr) “What's going on today, guys?” asked Detective Rick Lee, or, as he's more widely known, Hipster Cop. I was standing outside the …
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Energy Prices Bump up Inflation as CPI Rose 0.4 Percent in February
The Consumer Price Index rose 0.4 percent in February—the largest such gain since last April. Over the last three months, the CPI has averaged an annualized rate of …
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At Last, Some Decency on Wall Street
By the time you read this, the PR hacks of Goldman Sachs will be vigorously pressing their efforts to destroy the reputation of whistle-blower Greg Smith, a former Goldman …
Everything Dies
Call me a convert, but I'm beginning to dig this whole let-the-marketplace-work-it-out capitalism thing.
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Giving Up Your Bank for Lent
(Photo: Jesse757 / Flickr) Growing up Protestant in a small town in upstate New York, the commemoration of Lent was not as major an event as it …
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Who’s a Freeloader?
A year ago, Vanessa Williamson, Theda Skocpol, and John Coggin published a paper based on their in-depth interviews of Tea Party activists. A longer presentation of their research was published as a book a …
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US Auto Industry Is Much More Than the Sum of Its Parts
Industrial robots assemble a 2012 Chevrolet Sonic at the General Motors Orion Assembly Plant in Lake Orion, Michigan. (Photo: Fabrizio Costantini / The New York Times) …
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The Republican Party’s Long Decline Leads to Irrationality
(Image: CartoonArts International / The New York Times Syndicate) The economist Brad DeLong notes that the Republican Party we now see in the primaries has …
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The Private Prison Industry: Resistance Isn’t Futile
The private prison industry is on the march. In recent months the industry moved to take over 24 state prisons in southern Florida and buy five prisons in Ohio. …