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Economy - Economics USA

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news.BBC.co.uk

But it warns that there may be "a real risk that governments will be reluctant to allocate enough resources to solve the problem" because the public has become "disillusioned by what it perceives as abuse of taxpayer funds".

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Reuters

The Obama administration will make about $500 million available to Chrysler LLC through the end of this month as it seeks to reach an alliance with Fiat, and up to $5 billion through May to help General Motors Corp restructure outside of bankruptcy,

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arclein

This article reveals that need is forcing the creation of a fresh fiat currency system, and ultimately a fresh fiat credit system. That established institutions are stepping into the breach is more an indication of the need to fill the vacuum and mus

News Link • Global Reported By robert klein
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AP

President Barack Obama convenes his first formal Cabinet meeting Monday and will ask department and agency chiefs to look for ways over the next 90 days to cut $100 million out of the federal budget. [laugh or cry?]

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Just a Girl in Short Shorts

A fascinating new book by George Mason University Professor, Peter Leeson--"The Invisible Hook" (a play on Adam Smith's "Invisible Hand") demonstrates how the pirates' greedy self interest resulted in internally desirable

News Link • Global Reported By Becky Chandler
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NY Times

President Obama’s top economic advisers have determined that they can shore up the nation’s banking system without having to ask Congress for more money any time soon. Critics would consider it a back door to nationalization, since the government cou

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Jeffrey Goldberg, The Atlantic

With his 401(k) in ruins, our correspondent visits investment gurus, hedge fund managers, and a freakish Arizona survivalist with one question in mind: How can the ordinary investor recover?

News Link • Global Reported By Darren Wolfe
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AP

The number of people receiving jobless benefits exceeded 6 million for the first time, the government reported Thursday, and housing construction unexpectedly plunged to its second-lowest level on record — fresh evidence that the recession is far fro

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Just a Girl in Short Shorts

Michelle Muccio, the self-proclaimed Rebel Economist, is hot, sexy and smart--and a rising Libertarian Star.

News Link • Global Reported By Becky Chandler
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