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Economy - Economics USA

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http://www.thedailybell.com, by Ron Paul

Hurricane Sandy was one of the worst natural disasters the East Coast has ever seen. Cleanup and recovery will take months, if not years and estimates run in the tens of billions of dollars.

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FEMA and the National Flood Insurance Program are expected to pick up the tab for much of the flood damage caused by the hurricane. Of course this will mean more federal debt and inflation for the rest of us, since the program only has about

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Wall Street Journal

Many business owners—mostly founders who could gain a lot from a sale—are looking to close deals before next year, when the maximum tax on investment income is scheduled to rise from 15% currently to at least 23.8% on most capital gains,

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Lewrockwell.com

Since mid-2009 the US has been enjoying a virtual recovery courtesy of a rigged inflation measure that understates inflation.

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The Daily Bell Ron Paul

French businessman and economist Jean-Baptiste Say is credited with identifying the fundamental economic principle that aggregate demand for goods in an economy will equal the aggregate supply of goods when markets are permitted to operate.

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Washington Post

More than three years after the recovery began — in name, at least — the economy is still in a giant hole. But what, precisely, is still dragging it down? What sectors are the culprits? A simple model delivers some answers.

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arclein

In an interview with The Globe and Mail, Christine Lagarde said that a failure by the leaders of the world’s largest economy to come up with a fiscal plan would have “dire economic consequences” – and is a major risk to a Canadian economy that has ou

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French businessman and economist Jean-Baptiste Say identified the fundamental economic principle that aggregate demand for goods in an economy will equal the aggregate supply of goods when markets are permitted to operate.

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New York Times

Companies with junk credit ratings have been increasingly issuing bonds for riskier purposes that could hinder their ability to pay back bondholders. Demand for junk bonds has touched record levels this year as investors reach for their rich yields,

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