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Monthly Archives: October 2009
“Counsellor”: a euphemism for special interest promoter
Last month Obama delivered yet another speech of strong talk against Wall Street antics: “We will not go back to the days of reckless behaviour and unchecked excess that was at the heart of this crisis, where too many were … Continue reading
A look at ECRI's recession predicting track record
Lakshman Achuthan at the ECRI has been making some pretty confident statements in recent months. He says leading indicators tell him that the recession ended this summer, a V recovery is now underway and no meaningful downturn in the stock … Continue reading
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Clean house or suffer (more) consequences
Bill Moyer’s Journal had a disturbing discussion this week with former International Monetary Fund chief economist Simon Johnson and US Rep. Marcy Kaptur (D-OH) on the blatant nepotism of Wall Street and Washington. It is a nauseating review of how … Continue reading
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