Contents Pages by Subject

Economy - Economics USA

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Bloomberg

US labor costs rose as worker productivity unexpectedly stalled in the third quarter, representing a risk to Federal Reserve forecasts that inflation will subside. Productivity, a measure of how much an employee produces per hour, was unchanged

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AP

AUSTIN, Texas (AP) -- David M. Walker sure talks like he's running for office. "This is about the future of our country, our kids and grandkids," the comptroller general of the United States warns a packed hall at Austin's historic

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Financial Sense

There is total detachment from the bad news that is pouring out of the economy. For several years, the booming housing market has made the difference between recession and recovery for the US economy. Zooming house valuations

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by Robert Higgs (Lew Rockwell)

Bringing our fellow Americans to a greater understanding of the evils of a government-dominated society and the virtues of a free society has always been difficult and frustrating work. It's no wonder that Albert Jay Nock likened it to Isaiah

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Etherzone(Ed Henry)

Finally, a few of the major media reporters are beginning to notice that the job situation in America is not all that it's cracked up to be. By following payroll taxes, we've know this for a long time. In fact, the situation is relatively s

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Resource Investor(Doug Casey)

Even a casual observer can see that the Fed is now caught between a rock and hard place. If it lowers interest rates to head off the economic devastion that would come with a collapsed housing bubble - housing is estimated to have, directly

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Golden Jackass

Some good reading. I like the last sentence. "We expect them to continue to trade their finished products for our corrosive IOU's, and to endorse our asset-based economy. Our power plant is inflation. Theirs is work".

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McClatchy News

Federal Reserve Chairman Ben Bernanke called for urgent reform of Social Security and Medicare, warning that failure to do so soon could lead to dire economic consequences for future generations. Speaking to the Economic Club of Washington, Bernan

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AP

[election time] Oil prices dropped Monday as traders apparently shrugged off worries about whether production cuts by two key producing nations were harbingers of further restrictions by OPEC members.

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Christian Science Monitor

Relying on false wealth usually has its moment of truth. That moment's here for many US homeowners who hear a leak in a housing bubble. And as prices cool, those who took out high-risk loans - helping create the bubble - now need special help.

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American Free Press

Following the Justice Department's recent announcement that it is "lowering the boom on alternative money," the debate over what constitutes real curreny in the US is back in the national spotlight.

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AP

The US economy downshifted to a 2.6% expansion pace in the second quarter, the government said in its final estimate of growth, revising down a previous estimate of 2.9%. The report confirmed a sharp cooling from the first quarter,

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Asia Times

The risk of economic recession in the US in 2007 is increasing rapidly. Rather than overly tight monetary policy at the Federal Reserve, the declining value of US homes in undermining personal consumption expenditure.

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Shadow Stats

Interesting site with a subcription, but one just needs to check out the archives, and read how this guy is nailing it big time when it comes to the experts who cook the books. Enjoy

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Reuters

Warren Buffett's investment company Berkshire Hathaway Inc. is interested in buying further utility firms in the coming years and seeks to expand abroad, the U.S. billionaire said. In May, Buffett's company bought 80% of Israeli metal tools m

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