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U.S. Navy / Petty Officer 2nd Class Gina K. Wollman

Don’t Ask, Don’t Count: Pentagon Underreports Discharges

Servicemembers United, having just won a Freedom of Information Act request, says the military has not been counting National Guard or Reserve veterans who were discharged under the military’s anti-gay policy.

Posted on May 20, 2010 READ MORE


When in Economic Trouble, Invent a Gold Mine

Economist Joseph Stiglitz says the International Monetary Fund should create a new reserve currency, rather like declaring that a massive gold mine has been discovered under the IMF building.

Posted on Dec 10, 2009 READ MORE


Finance Giant Goes for Peanuts

The mortgage crisis has claimed another corporate victim. Bear Stearns, one of the largest financial institutions in the world, has been bought for a piddling $236 million. The company was valued at $3.5 billion just a few days ago, and $20 billion a little more than a year ago.

Posted on Mar 17, 2008 READ MORE


National Guard Difficulty ‘Places the Nation at Risk’

A commission set up by Congress in 2005 to examine the readiness of National Guard and reserve units has found that they’re simply inadequate to the task of dealing with a major disaster in the United States. The commission blamed the wars in Iraq and Afghanistan, but also the Pentagon’s assumption that training for those conflicts would somehow prepare troops for disaster relief at home.

Posted on Feb 1, 2008 READ MORE


Wolf Blitzer

‘Liberty Dollar’ Crackdown

Ron Paul may not be ahead in the polls, but he’s probably the only presidential candidate who already has his face on a coin. The feds have seized a cache of gold, silver and copper “liberty dollars” bearing Paul’s visage. Other than a mutual distaste for the Federal Reserve, the Republican candidate has no relationship with the makers of the coins.

Posted on Nov 18, 2007 READ MORE


Greenspan’s Legacy

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Posted on Sep 21, 2007 READ MORE


Family Savings Look Scary Across the Board

The Federal Reserve finds that the average family has only about $3,800 in the bank, no retirement account and no stocks or bonds, and can’t pay off a $2,200 credit card balance.
Pretty grim…. But don’t fear. Tax cuts for the rich will make everything all better.

Posted on Mar 5, 2006 READ MORE


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