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Good morning Panama City, hold on tight, its going to be a bumpy ride

Examiner.com - 3 days ago

I guess some of you are wondering if I have changed my opinion on Health Care overhaul.   I haven’t, I still think the whole mess needs to be tossed out.  We citizens have no idea who wrote that bill.  I don't think it wa…

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Schumer times new currency war for Hu's White House visit

The Hill - 6 days ago

Sen. Charles Schumer (D-N.Y.) is using a U.S.-Sino summit to strike at Chinese economic policies.   Schumer and two other Democrats will introduce Legislation Monday hitting China for currency manipulation just as Chinese President Hu Jint…

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Bernanke/Senate to States: Buzz Off! - Or Not?

zero hedge - 10th Jan 2011

We’re talking about a significant problem here. We need to be prepared with a plan in case we are approached by one or more states.” A “ plan ? What plan? From Senator Joe Manchin (D-WV)

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Economic Outlook: Shaken, not stirred

UPI - 9th Dec 2010

Published: Dec. 9, 2010 at 10:33 AM On the surface, the tax deal announced by the White House Sunday would fall in line with the Federal Reserve's strategy of buying U.S. treasury notes. On the face of it, both the Fed and the White House are tout…

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How The Bailouts Hurt Small Banks and Benefited Big Finance.

Rortybomb - 2nd Dec 2010

I hope when Federal Reserve Bank of Kansas City President Thomas Hoenig is explaining to Republicans why they should be worried Unemployment might come down too quickly, he takes a (very long) break from that argument to discuss this New York Time…

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Treasury yields defy Fed's intent

UPI - 16th Nov 2010

Published: Nov. 16, 2010 at 11:26 AM Chairman of the Federal Reserve Ben Bernanke testifies on the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act before a Senate Banking, Housing and Urban Affairs Committee Hearing…

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So how bad is quantitative easing? Palin and this great video explain

Cubachi - 14th Nov 2010

One of the few people that has popularized the discussion about Quantitative Easing is Sarah Palin via her Facebook. I wrote about the idiocy of Fed Chair Ben Bernanke’s move of buying $600 Billion to a Trillion of government securities. And…

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Thune: I've been one of TARP's "fiercest" critics

GOP 12 - 2nd Oct 2010

The primary political skeleton in John Thune's closet (as it pertains to a 2012 bid) is his vote for TARP in 2008. Yesterday, he gave a preview of how he might defend it, and check out how he anticipates the question before it's even asked durin…

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