Is the Federal Reserve Trying to Do Mission Impossible to Save an Economy that Can’t be Saved

The Federal Reserve last week announced its new “Enhanced Prudential Standards and Early Remediation Requirements” for big banks, as required by the Dodd-Frank law. You have to pity the poor Fed because it faces an impossible task. The Fed’s proposal opens with an eloquent ode to the evils of too-big-to-fail and moral hazard. And then [...]

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Occupy Movement Rallies Against Corrupt Politicians in Iowa; Police Arrest Ten

Protesters tied to the “Occupy Wall Street” movement, angrily denouncing “corrupt” US politicians, descended Saturday on the Iowa headquarters of Republican presidential candidates. Police arrested 10 of the demonstrators, including two teenage girls ages 14 and 16, outside Representative Michele Bachmann’s Urbandale base and charged them with trespassing, organizers said. Click here for the rest [...]

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New Year Brings E-Verify Laws in Several States

WINSTON-SALEM, North Carolina (Reuters) – Laws that require voters to present photo identification at the polls, recognize same-sex civil unions and aim to restrict illegal immigration are among the state measures taking effect on New Year’s Day. Measures passed in 2011, which numbered nearly 40,000 across the country, often reflected the priorities of Republicans, who [...]

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The Fox Propaganda of the One Percent Fake News Station Launches Savage, Lying, Assault Against the Girl Scouts And Calls it “News”

Fox News on Thursday teamed up with a former Girl Scout to warn that the organization was conspiring to “promote a clear liberal ideology.” Fifteen-year-old Sydney Volankski, who left the Girl Scouts in 2010 to write about their “pro-abortion mindset” on her blog, has now discovered that a guide published by Girl Scouts of the [...]

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Wall Street’s Legislative Prostitute from Massachutt’s Says the Media is being soft on Elizabeth Warren

Scott Brown, Wall Street’s favorite senator from Massachusetts, has said the media has been soft on Elizabeth Warren. What a load of bull. Senator Scott “One Percenter” Brown gets the softball treatment from the corporate media while the representative of the 99 percent Warren gets thrown under the bus. Click here for the rest of [...]

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As Deportations Rise to Record Levels, Most Latinos Oppose Obama’s Policy

Latinos are both happy and sad with the Obama administration. They disapprove by a margin of more than two-to-one of the way the administration is handling deportations of unauthorized immigrants, according to a new national survey of Latino adults by the Pew Hispanic Center, a project of the Pew Research Center. The survey also reveals [...]

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Growing wealth widens distance between Corporate Drone lawmakers and real people

BUTLER, Pa. — One day after his shift at the steel mill, Gary Myers drove home in his 10-year-old Pontiac and told his wife he was going to run for Congress. The odds were long. At 34, ­Myers was the shift foreman at the “hot mill” of the Armco plant here. He had no political [...]

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A doctor says the US healthcare system is broken

Last Summer, I was sitting next to Dante at the Southwest Community Center of Portland, Oregon as we waited for the basketball game to end. We were going to play in the following game. Dante is a medical doctor. I explained to Dante my ailments and all the times the doctors at Kaiser Permanente had [...]

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Door to Door–A Terrific New Video That Explains Why Our Health Care System is Broken, Like Our Government and our Economy, and All for Corporate and Wall Street Profit

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Competition hasn’t worked in health care and there’s a reason why

Okay, Senator Useful Idiot Ron Wyden thinks that more competition will stifle the rise in health care costs. Some of the medical companies that benefit from those price increases probably paid the useful idiot a ton of money to utter such nonsense. Competition hasn’t worked to stifle price increases, or hasn’t anyone noticed? The story [...]

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