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The Tea Party: Better Than Nothing
“And then there is Obama, an African-American elected only because the country feared a Depression. If he is not re-elected, it will be because he failed to use the old-fashioned ‘liberal catechism’ to rally…
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Reprogramming That Recession—& The Next One
“Make no mistake about it. The banks are still in trouble. The proverbial unadvertised “dirty little secret” is that they continue to hold hundreds of billions of dollars in first and especially second…
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“Let Them Eat Credit”
“’Let them eat credit’ was a line written by Prof. Raghuram Govind Rajan, and it remains one of the cleverest that has yet been penned about the causes of The Great Recession.” Sanford…
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Finding a Lost Key: The States Consider a Housing Remedy Washington Should Have Embraced Four Years Ago
“Many people said that the government should use the authority of eminent domain to seize the mortgages. The Obama Administration, heavily influenced by the bankerly types at Treasury, balked. The main reason, doubtless,…
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Closing the “Other” Income Gap
“Ironically, the recession, caused importantly by income and wealth inequalities, has worsened those inequalities. With respect to wealth, that’s in large part because the stock market, the chief source of the net worth…
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Evil: Intended or Unintended?
“Forgotten is Hamlet’s admonition: ‘Use every man according to his desert and who shall ‘scape whipping?’ The Tea Partiers seek a flail with which to scourge the underclass. But to hurt one’s neighbor…
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The Boredom of Ben Bernanke
“The best econometric evidence strongly suggests that, at this particular juncture in time, Washington can borrow almost as much as it needs to refloat or re-flate the economy (to provide the growth spark…
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No, It Wasn’t A Typo
“The word ‘amerce’ means to fine or, more broadly, to punish. If Romney’s policies for America are implemented, America would indeed become ‘Amercia,’ the country of the punished.” Sanford Rose Dolors & Sense…
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The “Yellow” Salvation
“Americans have it wrong: instead of being afraid of the Chinese, we should be glad of their existence. The Chinese and other Asians hold the solution to the fundamental problem of American life:…
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Food Fight (or, Let The Hunger Games Begin)
“The world’s principal food concern is not surfeit. It remains dearth. It may not be the concern of Americans, who now spend only 10 percent of their income on food and waste about…