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New York Times:
The central bank upgraded its economic assessment, setting itself up for a confrontation with a government pressing for a policy response to deflation.
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Topics:
economic,
government
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Wall Street Journal:
FRANKFURT (MarketWatch) -- Axel Weber, president of the Deutsche Bundesbank, defended the role of regulators and monetary policy on Friday, saying they were not to blame for the global financial crisis. "Monetary policy was not part of the culprit. Banks have to adjust down their profit aspirations in a low-interest-rate en (Read More)
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Wall Street Journal:
LONDON (MarketWatch) -- European Central Bank President Jean-Claude Trichet on Friday warned that it was premature to conclude that the financial crisis has fully run its course. Analysts said the remarks contributed to risk aversion in financial markets, helping to lift the dollar. "I understand that the mood in the financ (Read More)
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15 hours ago
Huffington Post:
A key and fundamental question was not broached during the fierce interrogation of Treasury Secretary Geithner during Thursday's hearings before Congress' Joint Economic Committee. The contentious subject at hand was the Fed's and Treasury's role on the issue of the American International Group's multi billion dollar bailo (Read More)
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The Blog:
As part of the Roosevelt Institute's 10-part series on the Jobs Crisis, running on the New Deal 2.0 blog from Nov. 12-25, I was asked to reflect on what can be done to get Americans working again. Here's my take.As this month's unemployment numbers confirm, the nation's economy continues to suffer despite recent positive an (Read More)
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Huffington Post:
This talk was given on Saturday, Nov 14, 2009, at the symposium called "The Arts and the Economic Crisis," organized by the Lewis Center for the Arts, Princeton University. *****Let me begin with an invocation, in the form of some numbers. $21 billion in economic impact. 160,000 jobs. 26 million visitors. 2 million (Read More)
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The Huffington Post | Full News Feed:
While the overall U.S. financial system is showing signs of stability, a rapidly rising tide of troubled loans for commercial real estate threatens the survival of hundreds of the nation's small and medium-sized banks.Financial reports this month from federal regulators and industry analysts detail a new cycle of uncertaint (Read More)
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The Huffington Post | Full News Feed:
Just six weeks after he told Reuters it was essentially a done deal, Senate Banking Committee Chairman Christopher Dodd punted when asked about the likelihood of Federal Reserve Chairman Ben Bernanke's confirmation for a second term.Asked by a citizen journalist if it was a foregone conclusion that Bernanke's nomination fo (Read More)
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NewsBusters.org - Exposing Liberal Media Bias:
Citing a Democratic congressman who recently proposed a no whining day, on Friday’s Morning Meeting on MSNBC, host Dylan Ratigan asked: “...unemployment, health care, a couple of wars, Americans got plenty to be frustrated about these days...But some people say stop the whining....Is ‘shut up and deal’ the new American mant (Read More)
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8 hours ago
The Huffington Post | Full News Feed:
DENVER — At a time of budget cuts, Democratic Gov. Bill Ritter's administration last year paid employees and outside contractors $1.1 million to lobby Colorado lawmakers on legislation ranging from renewable energy tax credits to increasing motor vehicle license fees.The administration and legislators are reviewing the long (Read More)
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Crooks and Liars:
Republicans blaming the Obama administration for this horrendous recession is like an arsonist blaming the fire department - and yet, there's a certain usefulness to their attacks. After all, liberals complaining about the administration's economic policies got us nowhere. Maybe they'll actually listen when Republicans do i (Read More)
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NewsBusters.org - Exposing Liberal Media Bias:
At the top of Friday’s Hardball on MSNBC, host Chris Matthews discovered the reason for President Obama’s political difficulties in recent months: “President Obama has his chin out on just about every hot issue out there....He’s exposed and vulnerable. His poll numbers are dropping. Is he just too darned intellectual? Too m (Read More)
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New York Times:
Even as the British economy seems to be improving, some analysts worry that its underlying structural flaws could mean the country won’t be able to sustain its recovery.
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New York Times:
A variety of economists say that economic stimulus legislation is helping an economy in free fall a year ago to grow again and shed fewer jobs than it otherwise would.
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2 hours ago
NewsBusters.org - Exposing Liberal Media Bias:
You've got to hand it to the propagandists at the AFP. When heavy-hitting members of the party they favor announce an idea whose main purpose is, as the New York Times suddenly "discovered" last weekend, to remind people that wars cost money and distract from supposedly more important priorities, the wire service leaps into (Read More)
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Created on:
Jan 26, 2009
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