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Los Angeles Bailouts

Should the American people accept wall street apologies?

This week, the Financial Crisis Inquiry Commission began it's year long inquiry into the activities of various financial institutions which...
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Today's Retail Sales Report was a Farce

Don't be fooled by today's reported +1.4% increase in Retail Sales, and how it was a "surprise" and "more than the expected" +0...
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Unemployment Hits 10.2%; 559,000 jobs lost in October

The number of officially unemployed Americansincreased by 559,000 in October, putting the Unemployment Rate at 10.2% The number of officially...
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"Bigger-Than-Too-Big-To-Fail"--The Financial Industry

On Sunday, Sept. 13, 2009, Bloomberg published an article about Joseph Stiglitz's recent assessment of the economy, in which he maintains that the...
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Employment: Bad Report Even Worse Than It Appears

Despite the Corporate media's overly optimistic and distorted reporting of today's employment report, the news was not good at all. The economy...
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Health Care Reform, Part 4: In Defense of the "Public Option"

It's time to come to the defense of the public option, and define what it actually means. Maybe it should be labeled the "non-private...
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Health Care Reform Update: The "Vacillator-in-Chief"

The public option remains a huge point of contention in the health care reform debate. It appears that the Obama Administration has at least heard...
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Health Care Reform-Part 3: "Public Option" killed by Obama Administration

President Obama has now essentially killed the public option for health care reform. Though Obama clearly and unmistakably said previously that...
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Health Care Reform Myths-Part 2: "Fee-for-Service" Doctors Drive Higher Costs

Myth: "Fee-for-Service" doctors are running the cost of health care up by 1) ordering expensive tests and studies to pad their bill, and...
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Bank Bailouts: "We-the-People" vs. the Wall Street Cosa Nostra

There's been much criticism of TARP and the other credit-bolstering actions taken by the Fed and Government. Much of the criticism, however, has...
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