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Obama to Deliver Major Economic Speech, Push “Recovery and Reinvestment”Firedoglake - Jan 8, 2009 Photo via iceman9294. This morning, Barack Obama is scheduled to give a speech on the economy which is a designed to push forward work on the stimulus package percolating through Congress. It will begin at 11 am ET at … Also tagged: barack obama, economics |
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Credit Default Swaps: Too Big To FailFiredoglake - Jan 7, 2009 On December 23, the Commodity Futures Trading Commission gave the Chicago Mercantile Exchange the go-ahead to organize a clearinghouse for credit default swaps. This didn’t require any hearings, or any rule-making … |
Firedoglake - Jan 6, 2009
Lot of people slipping into poverty. Hope Congress can remember that when they're passing out favors to their rich friends. UPDATE: Second part of the conference, Q&A
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Paulson: It Wasn’t Our Fault, It Was Those Greedy InvestorsFiredoglake - Jan 5, 2009 Looks like Paulson agrees with Greenspan: Markets can’t be trusted to do anything useful. He tells the Financial Times … in the years leading up to the crisis, savings from nations such as China and oil exporters -- … |
Firedoglake - Jan 5, 2009
One's a bloviating echo chamber. Two's company: O'REILLY: All right, so you are agreeing with me then that there is a conscious effort on the part of The New York Times and other liberal media to basically paint as …
Also tagged: economics, random wingnuttery, gop ethics, gop media complex
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Economic Predictions ScorecardFiredoglake - Jan 4, 2009 I made a number of predictions for 2008. This is going to be a quick review of the main ones, though not all of them, to see how they did. Bold is succesful, italics is failed, regular text is a punt (ie. it hasn't … Also tagged: economics |
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With Chris Cox, Suckers Are EverywhereFiredoglake - Jan 3, 2009 CC by GL Remember just a few days ago when SEC Chairman Chris Cox was doing his best George Bush imitation and trying to write his history before his term of shame was over? Cox said the SEC's emphasis on enforcement … |
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Madoff’s Crookedness Was a Feature, Not a BugFiredoglake - Dec 31, 2008 by Shiny Things Okay, let's point out the obvious: the fact that Bernie Madoff was a crook was known to every competent financial professional. If they didn't know that, it was because they weren't competent or they … Also tagged: economics |
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Mitch McConnell Obstructs StimulusFiredoglake - Dec 31, 2008 The most powerful GOP in DeeCee announced Monday that there's no rush on the Obama stimulus to the Bush economy. Lots of hearings, lots of new safeguards -- no reason to hurry as the Bush Economic Miracle™ drives … |
Firedoglake - Dec 30, 2008
We’re just a bunch of ignorant people, unable to understand the world around us, says this guy in the NYT, under the caption Contemplating the Boobs We Were. [A] year-end toast to us all — the boobs and easy marks who …