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- Why We Regulate (2 comments)
- Alabama's Disgrace: Alabama still has a chance to undo the malignant anti-immigrant law (15 comments)
- JPMorgan: Isn't life strange? | McClatchy (1 comment)
- House Speaker John Boehner Teed Up A Debt Limit Fight For The Winter | TPMDC (4 comments)
- Romney Excuses JPMorgan's $3 Billion Gambling Loss As 'How America Works' (VIDEO) (5 comments)
JPMorgan: Isn't life strange? | McClatchy
Seeded on Fri May 18, 2012 9:11 PM EDT (McClatchy)
By BART CHILTON By now, folks have heard much about the announcement that JPMorgan Chase had somehow lost $2 billion over a six-week period. In an irony of ironies, here's what one JPMorgan risk officer had to say about the behemoth bank just a few months ago: "Our metric of s …
Romney Excuses JPMorgan's $3 Billion Gambling Loss As 'How America Works' (VIDEO)
Seeded on Fri May 18, 2012 6:40 AM EDT ( Is Rick Santorum The Second Coming Of Bush/Cheney? | Addicting Info)
When the financial industry melted down in 2008, it nearly dragged the world economy to its knees. Americans across the nation lost their jobs, their homes, and their money. All because the nation’s biggest banks gambled on derivatives and lost trillions of dollars. Ameri …
Bill Clinton, Boehner, And Some Other Rich White Guys Had A 'Summit' and Agreed: It's Your Fault
Seeded on Thu May 17, 2012 8:15 AM EDT (AlterNet.org)
This week a bunch of rich white guys held a "Fiscal Summit" and agreed that: 1. Despite the fact that unemployment is causing untold suffering for millions of people, it's not very important. 2. Despite the fact that wage stagnation is destroying the middle class, that's not …
Alabama's Disgrace: Alabama still has a chance to undo the malignant anti-immigrant law
Seeded on Wed May 16, 2012 7:14 AM EDT (The New York Times)
Alabamians should see on Wednesday, the last day of the legislative session, just how badly the Republicans who control the Statehouse want to continue down the path of anti-immigrant extremism. The lawmakers’ challenge was to fix last year’s terrible immigration l …
House Speaker John Boehner Teed Up A Debt Limit Fight For The Winter | TPMDC
Seeded on Tue May 15, 2012 12:34 PM EDT (Talking Points Memo)
The Republican Speaker of the House threatens to hold the nation hostage again and repeat the debt limit crisis that led to the downgrading of US debt last time.
The Real Death Panel: For-Profit Healthcare
Seeded on Tue May 15, 2012 7:06 AM EDT ( Is Rick Santorum The Second Coming Of Bush/Cheney? | Addicting Info)
With great emotion and hyperbole, supporters of private healthcare have passionately advocated that a not-for-profit healthcare system would decrease the quality of care patients receive and create an environment where healthcare professionals would not have adequate tools and …
London 2012 Olympics: Civil servants to work from home
Seeded on Tue May 15, 2012 6:57 AM EDT (the Mail online)
Tens of thousands of civil servants will be allowed to work from home for seven weeks over the Olympics. Whitehall officials have been told that they can take advantage of flexible working arrangements even after the Games have finished. Seventeen government departments have …
Why We Regulate
Seeded on Mon May 14, 2012 7:22 AM EDT (The New York Times)
One of the characters in the classic 1939 film “Stagecoach” is a banker named Gatewood who lectures his captive audience on the evils of big government, especially bank regulation — “As if we bankers don’t know how to run our own banks!” he e …
Student Loans Weighing Down a Generation With Heavy Debt
Seeded on Mon May 14, 2012 7:16 AM EDT (The New York Times)
Kelsey Griffith graduates on Sunday from Ohio Northern University. To start paying off her $120,000 in student debt, she is already working two restaurant jobs and will soon give up her apartment here to live with her parents. Her mother, who co-signed on the loans, is taking o …
Over 200,000 to lose unemployment benefits in US this weekend
Seeded on Sat May 12, 2012 3:24 PM EDT (World Socialist Web Site)
This weekend, more than 200,000 unemployed workers in eight US states will be abruptly cut off from extended federal unemployment benefits, the result of an agreement between President Barack Obama and the Republican Party earlier this year. Many of these workers will be …
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