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Anyone who thinks congressional Republicans will roll over on the debt ceiling or gun control or other pending hot-button issues hasn’t been paying attention.
Posted on Jan 10, 2013
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Flickr / epicharmus
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TARP—the infamous Troubled Assets Relief Program that bailed out Wall Street in 2008—is over. The Treasury Department announced it will be completing the sale of the remaining shares it owns of the banks and of General Motors. But in reality it’s not over.
Posted on Jan 8, 2013
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Flickr/401(K) 2013
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It has become accepted economic wisdom, uttered with deadpan certainty by policy pundits and budget scolds on both sides of the aisle, that the only way to get control over America’s looming deficits is to “reform entitlements.”
Posted on Jan 7, 2013
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The news Friday from the Bureau of Labor Statistics is that the U.S. job market is treading water. The number of new jobs created in December (155,000), and percent unemployment (7.8), were the same as the revised numbers for November.
Posted on Jan 4, 2013
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The last time the debt ceiling had to be raised, in 2011, Republicans demanded major cuts in programs for the poor as well as Medicare and Social Security. They got some concessions from the White House but didn’t get what they wanted—which led us to the fiscal cliff. So we’ve come full circle.
Posted on Jan 2, 2013
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Flickr/Talk Radio News Service
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The fiscal cliff deal that emerged from the Senate on New Year’s Eve is a lousy one. Let me count the ways.
Posted on Jan 1, 2013
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