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March 11, 2009
On Election Day 2008, as people anticipated Obama’s victory, global news agency Agence France-Presse (AFP), called the biggest Election Day rally since 1984 an “Obama effect.”Look at the market now: The Dow Jones Industrial Average fell more than 3,…
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March 9, 2009
The U.S. is at war with the failing economy, according to Warren Buffett, who told CNBC viewers that it had “fallen off a cliff.”In September 2008, Buffett compared the market turmoil to “an economic Pearl Harbor,” and on March 9 he returned to that…
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March 4, 2009
Temperatures have plummeted to record or near-record lows in 32 states this winter. On March 2, a global warming protest in Washington, D.C. was buried by nearly a foot of snow. And a new study warns that the Earth could be in for a 30-year cooling…
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February 11, 2009
As in the 1930s, green-eyed populists are once again staring resentfully at the pay and lifestyles of corporate executives and demanding change.Democrats in Congress and the news media have long pushed for pay caps for the very rich. President…
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February 6, 2009
Negativity, particularly about the economy, flows from the news media these days in a near constant stream. So it was refreshing to find a few drops of good news on NBC and in Marie Claire magazine recently.NBC “Nightly News” examined the booming…
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January 30, 2009
Despite what the news media keep saying, capitalism and deregulation were not the causes of the financial meltdown.Instead, BB&T CEO John Allison pointed the finger at government creations like the Securities and Exchange Commission (SEC),…
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February 20, 2008
No one could ever accuse the federal government of efficiently spending taxpayer dollars.
So when a new study was released February 13 showing how much the Congress had earmarked last year –…
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January 14, 2009
A new, New Deal may very well be on its way, but one of FDR’s own New Deal creations, the Tennessee Valley Authority (TVA), is in big trouble.Federally-owned TVA, the nation’s largest utility, recently made headlines for spilling more than a billion…
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January 8, 2009
It took pornography to hear some economic sense from CNN on the issue of bailouts.“American Morning” reported on Jan. 8 that Larry Flynt, of Hustler magazine, and Joe Francis, of Girls Gone Wild, sent out a press release Jan. 7 asking for $5…
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January 7, 2009
Chances are you’ve seen the PSAs telling you how to prepare for the end of analog television broadcasting on Feb. 17. If you still own an analog TV, the ads tell you, you must purchase a converter box and attaching it to your existing set.But it…
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