Economics Info

Economic News, Discussion and More

Archive for February, 2012

Meanwhile in Athens – after finally starting a new cafe/bookstore, the owner is not allowed to sell or give away coffee or to actually sell books.

Feb 29

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China now #1 with world’s richest crony capitalist corrupt politicians. The 70 richest delegates in China’s National People’s Congress were worth $89.8 billion in 2011, up $11.5 billion from 2010 (compared to $7.5 billion for all 660 top officials in all the three branches of the U.S. government)

Feb 29

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A.I.G. Earnings an Illusion of a Bend in U.S. Tax Laws –"A.I.G. not only received a tax benefit, it is unlikely to pay a cent of taxes this year, nor by some estimates, for at least a decade."

Feb 29

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John Stossel’s Illegal Everything

Feb 29

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New GAO report says overlapping government programs cost billions

Feb 29

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Capital Flight from Italy, Greece and Portugal Accelerates

Feb 29

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When New York State officials agreed to allow local governments to use an unusual borrowing plan to put off a portion of their pension obligations, fiscal watchdogs scoffed calling it irresponsible and unwise. Now, their fears are being realized.

Feb 29

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Western countries with ageing populations are in the grip a cruel irony. At the same time as having more old people than ever to support, youth unemployment is at its highest levels for a generation.

Feb 29

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The China Bluff — "US prosperity has come to depend on economic interdependence with a nation we are also setting ourselves up to do battle with. And we hope to cooperate with that nation on global governance. Pardon me if I perceive a contradiction"

Feb 29

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U.S. job quality is in trouble

Feb 29

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If enacted, the tax proposals Mitt Romney outlined last week to the Detroit Economic Club would provide multimillion-dollar benefits to a newly powerful constituency: the rich men and women who are bankrolling “super PACs.”

Feb 29

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From Hume to Woodford . . . and back to Hume?

Feb 29

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Greece Cut to ‘Selective Default’ by S&P

Feb 29

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Greek debt downgraded again–Standard & Poor’s has declared country in "selective default" as German parliament approves second EU bailout.

Feb 29

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Canada urged to battle income disparity

Feb 29

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Just how damaging the Credit Crisis was: chart shows how much the Credit Crisis set various economies back, measured in years.

Feb 29

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The next time the Chinese talk about an equitable society…remind them of the bullshit.

Feb 29

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UK Government crackdown on Barclays tax avoidance schemes

Feb 29

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Tackling U.S. Unemployment: The 80% Solution – [I'm doing a research project on unemployment solutions and I was looking for some opinions on this]

Feb 29

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Today’s Reckless Spenders Enslave Future Generations

Feb 29

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