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Posted: August 28th, 2008, 12:04am PDT
Fortunately, I was cowering in the Mogambo Big Brawny Bunker (MBBB) when I looked at Total Fed Credit (TFC) and saw that it was up by $4.6 billion last week, which is $4.6 billion in new credit that has magically appeared in the banks, created ...
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Posted: August 28th, 2008, 12:03am PDT
After the biggest spending and borrowing binge in history, Americans need time and money. They need to pay their debts. They need to build savings for their retirements. They need time and money to recover from their mistakes.
What kind of mistakes?
Well, down near ...
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Posted: August 27th, 2008, 11:54pm PDT
Reason: behind the growth slowdown, real interest rates have turned dramatically negative....
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Posted: August 27th, 2008, 11:52pm PDT
American workers' confidence in the job market is as low as it was during the 2001 recession, according to a new survey....
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Posted: August 27th, 2008, 11:48pm PDT
This Democratic convention has a vibe so weird and jittery, so at odds with the early thrilling fairy-dust feel of the Obama revolution, that I had to consult with Mike Murphy....
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Posted: August 27th, 2008, 11:41pm PDT
A pilot program that began last year in Vermont in Brattleboro and Bellows Falls to allows consumers to use food stamps at farmers' markets is now spreading across the state....
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Posted: August 27th, 2008, 11:38pm PDT
Democratic presidential candidate Barack Obama's big speech on Thursday night will be delivered from an elaborate columned stage resembling a miniature Greek temple....
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Posted: August 27th, 2008, 11:37pm PDT
In a bombshell announcement in the world of sports journalism, star columnist Jay Mariotti has abruptly resigned from the Chicago Sun-Times....
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Posted: August 27th, 2008, 11:34pm PDT
A column of people three blocks long, led by members of the Iraq Veterans Against the War, streamed from the Denver Coliseum on Wednesday in an anti-war protest march to the Pepsi Center....
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Posted: August 27th, 2008, 11:32pm PDT
The savvy and sinister Taliban just targeted the French contingent. It figured the loss of ten French soldiers might have a greater demoralizing effect on French public opinion....
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Posted: August 27th, 2008, 11:31pm PDT
Senator Ted Stevens's easy victory in Alaska's Republican primary on Tuesday sets him up for two more fights this fall....
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Posted: August 27th, 2008, 11:28pm PDT
MBIA Inc. will stand behind $184 billion in municipal bonds that are currently guaranteed by FGIC Corp.'s Financial Guaranty Insurance Co., a smaller bond insurer whose future remains uncertain....