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Socialism in Stages: Governments Produce Poverty
17 hours ago ago from Libertarian Party of Citrus County
Note: This is a great article on the influence of socialism on our capitalistic society and a good basic document on economics. Enjoy 2Bfree Socialism in Stages Even soft, incremental expansions of government produce poverty. By Dan Oliver Jr. America debated three strategies during the Cold War. The Right wanted “roll back” — dreams of Patton driving his tank into Red Square. The Left wanted détente — which is French for ...
Related contentThe American march toward European style socialism
12 hours ago ago from The Policy Page
Back in February of this year, Jon Meacham and Evan Thomas wrote a brilliant piece in Newsweek entitled “ We Are All Socialists Now. ” In the piece, the authors point out that like it or not- the United States is gravitating towards a European economic model that is making us more like the French with every passing day. While I can feel my conservative friends shaking uncontrollably, the premise of the Meacham and Thomas piece ...
Related contentFinancial Reform The Saga Continues
7 hours ago ago from Moonbat Patrol
Below lies a list of the existing watchdog agencies tasked with both the bank and stock market industries. All of which were in place prior too and during the so called financial meltdown. Securities & Exchange Commission (SEC) Commodity Futures Trading Commission (CFTC) Federal Reserve System Federal Deposit Insurance Corporation (FDIC) Financial Industry Regulatory Authority (FINRA) Office of the Comptroller of the Currency ...
Related contentText of Fed statement on interest rates and economy
11 hours ago ago from How to Invest Today
Federal Reserve policymakers today reiterated their pledge to keep short-term interest rates near zero for an “extended period,” but also reminded financial markets that most of the special lending programs created during the worst of the credit crunch will be terminated on Feb. 1. No real surprises on either count. Now they can get back to the champagne, celebrating Chairman Ben S. Bernanke as Time magazine's Person of the Year. ...
Related contentRemaking Fannie and Freddie: Six Mistakes to Avoid
13 hours ago ago from The Wall Street Job Report
By Nick Timiraos for the Wall Street Journal, December 15, 2009 Public policy experts have spent much of 2009 debating how to fix the market. In 2010, they’ll be wrestling with a different question: What should the government do with Fannie Mae and Freddie Mac? The answers to that question rests largely on a reading of what got the companies in trouble in the first place. Longtime critics, including some Republicans, argue that the ...
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Dubai Debt Woes May Mark End of Risk Trade - Up and Down Wall Street Daily - R. Forsyth - Barrons.com
17 hours ago ago from Barron's Online
Dubai Debt Woes May Mark End of Risk Trade By RANDALL W. FORSYTH MORE ARTICLES BY AUTHOR Liquidity-driven gains are vulnerable as rising risk awareness forces reversal of positions. Subscribe Now With these readers: Or copy the rss link: THE IMPACT OF THE UPHEAVALS in Dubai extends far beyond the middle eastern ...
Related contentFOMC Hails Economy; No Change in Rates - FOXBusiness.com
10 hours ago ago from FOX News
Existing users please login User Name: Password: Remember me on this computer Home / Markets / Industries / Finance Wednesday, December 16, 2009 FOMC Hails Economy; No Change in Rates   The Federal Open Market Committee Wednesday acknowledged an ...
Related contentRead the Fed statement
11 hours ago ago from CNN Money
Read the Fed statement December 16, 2009: 2:19 PM ET NEW YORK (CNNMoney.com) -- Information received since the Federal Open Market Committee met in November suggests that economic activity has continued to pick up and that the deterioration in the labor market is abating. The housing sector has shown some signs of improvement over recent months. Household spending appears to be expanding at a moderate rate, though it remains ...
Related contentStocks Open Higher After CPI; All Eyes on Fed
16 hours ago ago from Wall Street Journal
NEW YORK U.S. stocks opened higher Wednesday as a string of economic reports, including data on inflation and housing starts, matched Wall Street expectations. Meanwhile, the market remains fixated on a statement due later from the Federal Reserve that is expected to show no major changes to monetary policy. Shortly after the opening bell, the Dow Jones Industrial Average added 45 points, or 0.4%, to 10497. Gainers were led by Bank of ...
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