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Why You're Broke

5 hours ago ago from Red County

While it is incontestably true that a lot of people took out mortgage loans they could not afford to replay, it is just as true that they were encouraged to do so because banks were required by federal law to make these bad loans. Bankers even gave them an acronym, loans as in No Income, No Job, No Assets. The result was the government created housing bubble that was coupled with the Federal Reserves policy of keeping interest rates so low ...

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The Emerging Conservative Consensus

16 hours ago ago from Pajamas Media

Republicans can win big in 2010 and 2012 by talking less about social issues and more about economic liberty and federalism. Ask yourself who would win in a theoretical election: Obama ’09 or Reagan ’84? Sure, President Obama’s victory last year was impressive, but his approval ratings are dropping by the hour and the late Reagan is consistently cited as one of the country’s most beloved former presidents. Perhaps Reagan wouldn’t win 49 ...

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’Tis the Season to Give. Back.

23 hours ago ago from DomeMagazine.com

’Tis the Season to Give. Back. by Tom Shields December 16, 2009 Recently, Secretary of State Terri Lynn Land announced plans to consolidate a number of offices into more regionally focused, customer-oriented branch offices. Lawmakers were heard bellowing about “losing” their local SoS offices. As local governments and schools districts come to grips with the reality that the money once there is no longer, they have tried to ...

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I Will Gladly Pay You Tuesday For an Expensive Government Program Today

9 hours ago ago from The Wisconsin Policy Research Institute Blog

Say what you will about the Wisconsin State Legislature: they stick with what works.  And in the case of the looming state Medicaid deficit, they're going right back to the same playbook that allows them to slink silently away from their problems without making any real decisions while leaving us with larger deficits in the future. According to the Milwaukee Journal Sentinel , the state is facing a $1 billion hole in its Medicaid ...

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Can You Say StarTech?

9 hours ago ago from Just My 2 Cents Worth

From this url, comes this article. Just how true could this article compare to what the city of Richardson is doing with StarTech? POLITICAL CAREERISM THE ROOT OF GROWING "ECONOMIC DEVELOPMENT" EMPIRE At least 58 separate types of "economic development" entities or programs are currently operating in Michigan, according to the Citizens Research Council of Michigan. The scope of this activity is broad and includes grants; discriminatory ...

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Bailout Banks Keep Tax Breaks As They Repay Loans : NPR

6 hours ago ago from NPR

Search hear continuous streams 24-Hour Program Stream NPR News and Shows hear the latest news [4 min 45 sec] Latest NPR Newscast Bailout Banks Keep Tax Breaks As They Repay Loans by The Associated Press text size A A A WASHINGTON December 16, 2009, 01:24 pm ET Citigroup and other banks ...

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Iowa governor signs efficiency plan cutting $128M

4 hours ago ago from U.S. News

Iowa governor signs efficiency plan cutting $128M DES MOINES, Iowa (AP) -- Iowa Gov. Chet Culver signed an executive order Wednesday expected to save the state nearly $128 million through government efficiency efforts and called for lawmakers to approve early retirement incentives for state workers in order to save millions more. Culver also said it's likely the Legislature will close one of the state's four mental health institutions in ...

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More than 200 attend hearing on NH business tax

2 hours ago ago from U.S. News

More than 200 attend hearing on NH business tax CONCORD, N.H. (AP) -- Some New Hampshire small business owners who are subject to a new tax complained at a state hearing Wednesday that they never had the chance to address it and fear it will threaten their livelihood and future job growth. "Any way I look at this I see a cost," said Carolyn Virtue of Sanbornton, who started a small medical case management business for seniors with her ...

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