Archive for February, 2010

Person A says “Black is white” — perhaps out of ignorance, although more often out of a deliberate effort to obfuscate. Person B says, “No, black isn’t white — here are the facts.” And Person B is considered to have lost the exchange — you see, he came across as arrogant and condescending.

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Let the Greeks ruin themselves – Germany has Europe’s deepest pockets, but it does not want to pay to save troubled euro-zone economies

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Bernanke tells Congress the Federal Reserve won’t just make dollars to help the U.S. government pay off its debt

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Why hasn’t the price of new vehicles dropped?

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Conservatives would cut corporation tax by 2011

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Harvard’s Rogoff Sees Sovereign Defaults, ‘Painful’ Austerity

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Hoping To Keep The News Low-Keyed and Under-Reported, Fannie Mae Announced Late Friday After Markets Closed That It Had Lost Over $74 billion In 2009, Bringing Its 3-Year Loss To… $137 Billion

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Conspiracy theorists were right… IMF seeks more power, new global currency

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Extreme wealth invariably leads to captivity. Its victims live in an open prison. They live behind walls, guarded by cameras, dogs, watch towers and sensors. The walls that shut the rest of the world out also shut them in.

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"Much of what economics tells us is obvious, that economists know less that is true than people realize, and conversely, that much of what they do know isn’t true — and that’s a feature, not a bug"

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Those with similar incomes ought to pay roughly similar taxes – How to Clean Up the Tax Code

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IMF chief pushes for more power, new global currency

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Global Prosperity Analysis – Does the unemployment rate really reflect how many people have jobs?

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"This highest-default category is where most of these mortgage-resets will take place – meaning that millions more foreclosures, and a second down-leg for the U.S. housing sector was always guaranteed."

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The U.S. government now owes more dollars than actually exist

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Buffett says executives who manage risk badly should pay — “In my view a board of directors of a huge financial institution is derelict if it does not insist that its CEO bear full responsibility for risk control,”

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The Health Care Summit’s Most Important Speech On Costs

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RCA – Formed by the government as a private monopoly, broken up by the government as a private monopoly. Formerly owned companies from a wide range of industries including NBC. Now just a declining brand name.

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What are people really buying online? [infographic]

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How Ayn Rand Became an American Icon: The perverse allure of a damaged woman.

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