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Economy - Economics USA

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AP

Regulators closed 2 small banks in Florida and one in Missouri, bringing to 46 the number of US bank failures this year. The Federal Deposit Insurance Corp. seized GulfSouth Private Bank and First East Side Savings Bank, both in Florida.

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http://www.lewrockwell.com/

DIY Cold and Flu Remedies / I'm Being Stalked by Republicans! / The US and the UK Knew, to the Day, About Pearl Harbor, But they kept it secret to get the US into WWII / Never, Ever Call the Cops / Football: Just Another Government Rip-Off?

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The Daily Beast (h/t Lew Rockwell blog)

Bain Capital is a product of the Great Deformation. It has garnered fabulous winnings through leveraged speculation in financial markets that are perverted and deformed by decades of money printing and Wall Street coddling by the Fed.

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http://www.investmentcontrarians.com/inflation/

Elections are important, maybe even the cornerstone of a democracy; but sometimes voters are just too busy to listen to everything being said by the Obama or Romney camps. Thank heaven sound bites can sum up everything we think we need to know. He

News Link • Global Reported By Alex Oscar
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www.lewrockwell.com

I'm an Incorrigible Anarchist / Ersatz Hero - Murray Rothbard on Cesar Chavez / Stock Up Before the Stampede / Why the Regime May Want Post-Election Riots / Will the US Disintergrate?, And if it does, is that bad? / Time's Running Out

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arclein

On one hand, you could let them all default. The problem is the criminal liabilities would drive the global and national leadership into factionalism that could turn violent, not to mention what such defaults would do to liquidity in the financial sy

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http://theeconomiccollapseblog.com,

When it comes to explaining the problems with our economy, one of the hardest things to do is to get people to understand that we are living in an economic fantasy world that is completely and totally unsustainable.

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arclein

The Fed should stop paying interest on excess reserves, and if necessary should put a small interest penalty on excess reserves. This would encourage banks to stop sitting on all the money that has been injected into the system.

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