Economy
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The Silent Majority was unique for its time because it was made up of Republicans and Democrats, housewives and businessmen who finally caught on to the idea that they were being lied to and found their power in their numbers
The American Rallying Cry
By Martha Randolph Carr
There's a new American rallying cry of, 99 Percent, on Wall Street this week. It started with a group of twenty-somethings that were generously referred to as 'rag tag', who said they were occupying Wall Street and has grown to include fed up middle-aged, middle-income workers who can't find a job. Read more
Ryan, a widely admitted Ayn Rand fanboy who seems unaware that she wrote libertarian-fantasy fiction while collecting social security and Medicare, is the new GOP "it" guy.
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We must love boisterous blowhards. As Americans, we are fixated on people who make loud, definitive declarations so we can stand behind them waving our oversized number-one foam-fingers chanting: "Go team! Win!" If you take away all the nebbishy number-crunching and bureaucracy - which is most of government - politics is all posturing and platitude landing. Read more
The NBER released their findings today and said that based on real Gross Domestic Product and real Gross Domestic Income the Great Recession has ended.
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Think back and try to remember where you were in June of last year. That's when the official end of the Great Recession took place according to the National Bureau of Economic Research, a nonprofit organization that officially calls the beginning and end of American business cycles. Read more
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While Yahoo! just follows the globalization, having provided the popular services to the users, Google actually promotes it. It wishes to "bring the freedom to every home" and is an ally to quite a number of specialized corporations, international and state structures with the certain technological and technical opportunities. "Freedom" at that, turns out to be a total control as long as the information doesn’t vanish but rather stays at Google servers, with the help of technology providing its very circulation.
So the epic battle "Google versus China" is still on. But why is it exactly "Google against China" but not the "China against Google"? Because it was Google who came into China, not vice versa. Read more
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Some time ago, at the threshold of the prospective development of the Iranian oil fields — oil was considered to be the fuel of the future even then
Official history claims that in May of 1901 British aristocrat William Knox D’Arcy — who succeeded at the gold-mining in Australia — "was granted the approval of Persian government" for the geological exploration and production of oil. Read more
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Third-quarter GDP reading shows growth at 3.5 percent pace
WASHINGTON - The economy grew at a 3.5 percent pace in the third quarter, the best showing in two years, fueled by government-supported spending on cars and homes.
The Commerce Department's report Thursday delivered the strongest signal yet that the economy entered a new, though fragile, phase of recovery and that the worst recession since the 1930s has ended.
Many analysts expect the pace of the budding recovery to be plodding due to rising unemployment and continuing difficulties by both consumers and businesses to secure loans. Read more
The U.S. economy shed 247,000 jobs in July. That’s the bad news.
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Laboring Toward Recovery
By David Madland | August 7, 2009
The U.S. economy shed 247,000 jobs in July. That’s the bad news. The good news is the number of jobs lost was the fewest in 11 months, and the unemployment rate fell slightly—the first decline in 15 months—providing workers with some needed, relatively good news. Read more
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On one side are those corporations and financial firms dependent on government support
The Liberated Economy
By Rich Lowery
American capitalism is a house divided.
On one side are those corporations and financial firms dependent on government support, and thus eager to obey the diktat of their political minders. They are part of Obama, Inc., a vast public-private entity pursuing a vision of a greener, more constrained and politicized capitalism. Read more
