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Economy - Economics USA

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PBS Frontline

Long before the economic meltdown, one woman tried to warn about the threat to the financial system... (Greenspan was too "libertarian" ???!)

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Jim Rogers for LewRockwell.com

"Yes, I should be selling at the top, but I don't think this is the top. Gold, adjust it for inflation back in 1980, gold should be over $2k an oz. right now. In my view, in this bull market in commodities gold will make all new highs adjust for infl

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Reuters

The Chinese are curious about how President Obama's healthcare reform plans would impact America’s huge fiscal deficit. Government officials are using his Asian trip as an opportunity to ask the White House questions. Detailed questions.

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www.thememoryhole.org

OpenTheGovernment.org has a fantastic section tracking what we know and don’t know about the financial bailout. You’ll find news, documents, links to sites, and more. The Treasury Dept & Federal Reserve are currently fighting court battles in order t

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Rawstory

Senior administration officials reported budget projections for the war in Afghanistan will cost U.S. taxpayers at least $1 million per soldier, per year. The plan to add 40,000 American troops and greatly expand Afghan security forces, supported by

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AFP

The dollar fell on Monday as China accused the US of increasing protectionism and following unexpectedly strong Japanese economic growth figures, pushing gold prices to a record high point of $1,133.20 dollars an ounce.

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David Galland

On a whim following our Denver Summit – and despite truly abysmal weather – Casey Research CEO Olivier Garret and I cabbed it down to a local public golf course for a quick nine holes. Afterwards we were returning to the hotel through a neighborhood

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Reuters

The U.S. trade deficit widened in September by an unexpectedly large 18.2 percent, the most in more than 10 years, as oil prices rose for the seventh straight month and imports from China bounded higher, a U.S. government report showed on Friday.

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Washington Post

The federal budget deficit for October rose more than expected to $176.36 billion, the government announced moments ago, up from $155.53 billion in October 2008. This is the largest October deficit on record. It is the first month of fiscal 2010.

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Reuters

The weakness in the U.S. dollar risks inflating a bubble in the oil market, which could threaten consumer spending and potentially cause a double dip recession. The greenback's decline this year has been lauded as good for America as it benefits e

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Reuters

After more than an hour talking about how awful business has been of late, Straten jerks a thumb at the phone sitting on the desk. "Have you heard that phone ring in the last hour? 2 years ago that phone was ringing off the hook and we couldn't keep

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LewRockwell.com

Marc Faber - Bernanke as Mugabe's Assistant / Vintage Ron Paul / Peter Schiff - Bullish on the Gold Standard / Liberty, the Mother of Order (Butler Schaffer has a new book) / Blowback at Ft. Hood - Jacob Hornberger

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Tavakoli Structured Finance

Goldman wasn't the only contributor to the systemic risk that nearly toppled the global financial markets, but it was the key contributor to the systemic risk posed by AIG's near bankruptcy. When it came to the credit derivatives,

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The Confluence

"There are families not eating at the end of the month,” said the chief marketing officer at Wal-Mart, and “literally lining up at midnight” at Wal-Mart stores waiting to buy food when paychecks or government checks land in their accounts.

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