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Economy - Economics USA

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Washington Post

The controversial companies known as credit-rating agencies are drawing fresh scrutiny from officials in the United States as they weigh whether to downgrade U.S. government debt should Congress fail to come to an agreement to reduce borrowing.

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The Daily Bell

There are REASONS that Wall Street in its modern form is abusive. It mostly has to do with the mingling of public and private interests together ... mercantilism. Mercantilism in this modern era is driven by central banking and the unlimited funds it

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The Washington Post

In a study released Oct. 31, the ratings agency Moody’s said that based on its analysis of mortgage-backed bond portfolios, homeowners with jumbos now constitute “greater strategic default risk” than any other type of borrowers, including subprime.

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Wall Street Journal

European banks, increasingly concerned about their ability to access funding, are devising complex and potentially risky new deals that enable them to continue borrowing from the European Central Bank.

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online.wsj.com

Federal prosecutors in Chicago and New York have issued subpoenas in the probe of the collapse of MF Global Holdings Ltd., people familiar with the case said, a sign of an intensifying Justice Department criminal investigation as authorities try to t

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When Gold and Silver take this big a drop around the world I get the feeling that there is a sell off to cover other needs by the Big Bad Bubbas. The London Stock Market is down over 4% and I just got a feeling...

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npaper-wehaa.com/city-beat/

Krikorian highlights the Bank of North Dakota, which was founded in 1931 and reportedly raked in over $300 million during the last decade, as an exemplary model for Ohio to study.

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by John Mackey, WSJ

America became the wealthiest country because for most of our history we have followed the basic principles of economic freedom: property rights, freedom to trade internationally, minimal governmental regulation of business, sound money, relatively l

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dailyreckoning.com

But who cares? Up, down…up, down… Every day brings more ‘truth.’ But what we want is a truth with legs. We’re not day traders. Not week traders. Not even year traders. We want a long, sure…mega trend.

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Reuters

Lawyers on opposing sides of the debt crisis in Alabama's Jefferson County traded blame on Tuesday for the biggest municipal bankruptcy in U.S. history as they girded for a crucial court hearing next week. But a week after county commissioners opt

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Wall Street Journal

With time running out for Congress's special deficit-reduction committee, the two sides Monday were grappling for ways to inch closer on the crucial issue of taxes.

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Wall Street Journal

Wal-Mart Stores Inc. broke a two-year decline in quarterly same-store sales at its key U.S. operations, but the increase in sales came at a cost—lower margins.

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LewRockwell.com

Worship of Military Violence - Jesse vs. the Fascist States of America - How the CIA Elected Its Presidents - Return of the War Party Salivating for blood. Article by Pat Buchanan - Childhood Pals From the Power Elite - Ron Paul Should Not Be Preside

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