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The Security Budget vs. the Necessities of Americans.

How does military spending impact Americans? by Kevin Zeese President Obama and the Congress have taken 66% of discretionary spending in the federal budget off the table –the SecurityBudget – while proposing a freeze to the rest of the budget and deep cuts to some programs that provide necessities for the American people. His budget […]

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Food speculation: ‘People die from hunger while banks make a killing on food’

It’s not just bad harvests and climate change – it’s also speculators that are behind record prices. And it’s the planet’s poorest who pay   Just under three years ago, people in the village of Gumbi in western Malawi went unexpectedly hungry. Not like Europeans do if they miss a meal or two, but that […]

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Shut Down The Federal Reserve, Break Up The Big Banks And 16 Other Ideas Barack Obama Could Have Proposed If He Actually Wanted To Fix The Economy

Interesting points… By Michael Snyder – BLN Contributing Writer How do we fix the economy?  That is a question that tens of millions of Americans are asking right now.  Republicans are harshly criticizing the empty economic proposals being put forward by Barack Obama and the Democrats, but the Republicans don’t seem to have any real […]

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The Choice: Immediate Systemic Collapse or Printing More Dollars

In his latest interview with The Gold Report, Shadowstats founder and leading contrarian economistJohn Williams says hard assets, namely gold, will be insurance against the coming economic Armageddon. Williams and Gold Report’s Karen Roche discuss a host of topics from government statistics to the coming economic meltdown. On Government Statistics The way I describe the economy is that it started turning down […]

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Economy News Nightmare: 20 Things That You Should Not Read If You Do Not Want To Become Very Angry

The Economic Collapse January 24, 2011 Today America is very, very frustrated.  In fact, we probably have not seen this level of anger in the country since World War 2 ended.  So why are so many Americans so frustrated and so angry right now?  Well, for most Americans it comes down to the economy.  Very […]

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Bailing Out Obama: The Federal Reserve’s New Mandate

by John Myers “Quis custodiet ipsos custodes?” (“Who watches the watchmen?”) The Federal Reserve is a traitor to the American people and the nation it has sworn to protect. Recently, the Fed has acted less like a central bank and more like President Barack Obama’s personal piggybank. The Fed seems hell-bent on re-electing Obama for a […]

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How The Federal Reserve Bought The Economics Profession

Source – Ryan Grim – Huffington Post The Federal Reserve, through its extensive network of consultants, visiting scholars, alumni and staff economists, so thoroughly dominates the field of economics that real criticism of the central bank has become a career liability for members of the profession, an investigation by the Huffington Post has found. This […]

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Financial Socialism by and for Wall Street Elites?

Les Leopold Author, “The Looting of America” More than 70 percent of Americans say big bonuses should be banned this year at Wall Street firms that took taxpayer bailouts, a Bloomberg National Poll shows. An additional one in six favors slapping a 50 percent tax on bonuses exceeding $400,000. Just 7 percent of U.S. adults […]

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Gandhi’s Localized Economics

By Working Villages International Swadeshi, or “localized economics,” is a concept developed by Mahatma Gandhi. At the beginning of the 20th century, India began importing cheap factory-made cloth from England, which forced thousands of local weavers and spinners out of work. The result was dire poverty and social chaos. Gandhi’s response was to throw away all […]

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