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Philosophy: Fascism

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BBC

"It's not possible for the eurozone to continue without clearly identified economic governance," he told the European Parliament on Tuesday. The leaders of the 15-nation eurozone should coordinate their actions with the European Central

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CounterPunch.com

The political turning point was the violent takeover of the Senate by oligarchic creditors who murdered the debtor-oriented reformers led by the Gracchi brothers in 133 BC, picking up benches and using them as rams to push the reformers over the clif

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Market-Ticker.denninger.net

"Rather, "firms that made wrong decisions should fail," she says bluntly. "You shouldn't rescue them. And once that's established as a principle, I think the market recognizes that it makes sense. Everything works much bet

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LondonBanker.blogspot.com

There can be no more iniquitous alliance than to have the politicians at the service of the bankers, unless perhaps it is to have the military at the service of the bankers too. The US seems to have committed itself to this worst of all possible comb

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Antiwar.com

Our Caesarism will have distinctly American characteristics, of course, but the universal pattern will run true to form: a system of economic corporatism, with all power invested in the State and the whole infernal machinery energized by a demonic se

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Market-Ticker.denninger.net

John Mack yesterday in a CNBC interview said that the capital deployed by Treasury into the banks was going to rebuild their capital ratios - not be lent out. In other words, they intend to hoard it.

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Market-Ticker.denninger.net

We, the taxpayer, are instead having our pockets picked, with our children and grandchildren, along with those not yet born, being forced to absorb the bill. Instead of those stockholders being expected to shoulder the loss as a direct consequence..

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Michael Shedlock / Mish

President Bush just proven without a doubt he does not understand free markets. Of course he has long since proven he does not understand anything else either.

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AFP

Under the TARP, the government is authorized to take a wide range of exceptional measures, including the purchase of toxic mortgage-related assets from ailing financial institutions in a bid to unclog frozen credit flows.

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Business Standard

I am a free market Republican,” Neel Kashkari is believed to have said at an American Enterprise Institute Conference some time back. Well, Kashkari’s job over the next few months can’t really be said to be upholding the spirit of a free market.

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gmy.news.yahoo.com

Stan Blumenthal likes to ride his Segway to see his girlfriend and go to the store, but that may soon be a thing of the past. The condo board has indicated that riding a Segway is more dangerous than driving a golf cart.

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Antiwar.com

Whoever has sole control of the means must also determine which ends are to be served, which values are to be rated higher and which lower – in short, what men should believe and strive for."

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nakedcapitalism.com

He explicitly says that it will buy assets at above market prices (although he still claims that they are undervalued) because the holders won't sell at market prices. Anna Eshoo pressed him on how the government can compel the holders to sell...

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Michael Shedlock / Mish

"He's asking for a huge amount of power," said Nouriel Roubini, an economist at New York University. "He's saying, `Trust me, I'm going to do it right if you give me absolute control.' This is not a monarchy."

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CalculatedRisk.blogspot.com

Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.

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HuffingtonPost.com

The other option, the one I have long prayed we would never need to even consider, is a total revolution. But, If Congress won't act in its own self-defense, in the defense of democracy, in defense of us - the people who have elected...

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GlobalResearch.ca

Rules, originally dealing with a nuclear attack on America, were extended by Reagan Executive Order 12656 to cover “any occurrence, including natural disaster, military attack, technological emergency, or other emergency...

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