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Friday, 22 August 2014 |

Team Obama’s Union Busting Alumni

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Though President Barack Obama once promised to “put on a comfortable pair of shoes myself, I’ll will walk on that picket line” when labor unions were under threat, his former campaign and government staffers are eagerly joining union busting groups for fun and profit.

First there was Obama’s former press secretary Robert...

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US Fed chief appears to raise prospect of a rise in interest rates, despite warning on difficulty of working out whether jobs market has been permanently transformed...
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Europe’s Lousy Bank Loans Expose the “Recovery” Myth

By William K. Black

One of the great lies of the financial industry is that it is the engine of Main Street’s growth.  Giving the finance industry an enormous share of total business profits was supposed to super charge Main Street’s growth.  It has never delivered on this promise.  The truth is th...

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The Roosevelt Institute | Campus Network has nine years of success under its belt, and is ready for more in its tenth.

“We know the old way of doing things isn’t going to cut it anymore. We want to pioneer a new process of civic engagement…” This is the opening line of the purpose statement our Roosevelt Institute | Campus Network staff articulated

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Louis James, Casey Research's Chief Metals & Mining Investment Strategist, chats with Cambridge House Live anchor Vanessa Collette at the Sprott Natural Resource Symposium in Vancouver. In this clip, Louis discusses his recent move to Puerto Rico and how the US territory's tax advantages are game changers for investors and entrepreneurs.

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Friday, 22 August 2014 |

Why the Fed Must Taper

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The Fed is being forced to end its bond-buying, cutting off the "free money for financiers" that has sustained a frothy stock market.

While the Federal Reserve presents itself as free to do whatever it pleases whenever it pleases, the reality is the Fed's own policies are constraining its choices.  Take the  taper  of U.S. Treasury...
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Will Bank Of America Really Pay $17 Billion For Mortgage Fraud That Led To 08′ Crash?

Throughout the media the figure of $17 billion has been paraded out as the penalty Bank of America will pay for its crimes in the mortgage security market that led to the 2008 financial crisis and resulting Great Recession . But will BofA really be paying that much? If the other deals struck for the same crisis causing activity are any indication,...

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Another Reason to Retire Sam Brownback: The Senate Subprime Car Loan Sleaze

By William K. Black

When Sam Brownback was a Senator he carried water for the sleaziest of auto lenders – the subprime lenders that specialize in making “liar’s” loans.  His successful mission was to carve out an exemption from the Dodd-Frank bill’s protection for borrowers....

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It was one of worst predictions in recent memory. In a 2007 interview, former Microsoft CEO Steve Ballmer said, “There’s no chance that the iPhone is going to get any significant market share. No chance.”

It reminds us of when Sir William Preece, an official with the British Post Office, weighed in on an earlier incarnation designed by Mr. Bell,

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Surveys suggest that France's weak manufacturing sector deteriorated further this August, amid suggestions that the eurozone's 'feeble recovery' is already over...
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