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Economy - Economics USA

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AP

The Senate rejected a plan backed by President Obama to create a bipartisan task force to tackle the federal deficit this year despite glaring new figures showing the enormity of the red-ink threat. The special deficit panel would have attempted to p

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Reuters

The Financial Stability Board, charged by the G20 to coordinate national regulation in response to the financial crisis welcomed US proposals to limit banks' size and trading activities. President Obama's plan could rewrite the world financial order,

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AP

He can't pull back the stimulus too quickly, despite the public's concerns about rising deficits, because that could kill a fragile recovery. If he steps too hard on the throttle to create more jobs he risks feeding inflation and restarting the dange

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The Atlas Society

Edward Hudgins examines Obama's arguments about banks and explains why the goal of all paternalists-that is, control over every aspect of our lives-necessarily entails stoking envy, resentment, and hatred of others.

Article Image The Dollar Meltdown

The Problem is Systemic! The monetary system will continue to bleed the U.S. economy dry even if the faces of the authorities change. Still, there must be accountability. Therefore, I invite you to join Mish, who wants to... Dump Bernanke!

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John Stossel for Fox Business Channel

Last night on Stossel, John spoke about the private sector and how it drives technological innovation. One of the examples he gave was the fierce competition brought on by the Progressive X Prize, which is a cash prize for the first company to manufa

News Link • Global Reported By Nick Barnett
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Daily Reckoning

With recent news of inflation rising in Australia we turn an eye to the same eventuality at home in the US. Despite overwhelming growth in the monetary base, little inflation has yet to appear in government measures. Not that we’re one to trust thos

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Oh happy days are here again. Obama is going to get our money back from the banks. Jeffrey Sachs is telling Haiti how it can get its economy back in order (with other people’s money, naturally). And Thomas Friedman is offering investment advice.

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