California Dreamin’: How The State Can Beat Its Budget Woes by Dr. Ellen Brown

by Dr. Ellen Brown
Featured Writer
Dandelion Salad
webofdebt.com
July 8, 2009
“As goes California,” says the adage, “so goes the nation.” All eyes are therefore on the Golden State as it attempts to solve its $26 billion budget deficit. The world’s eighth largest economy is not going quietly into that pit of debt and devastation that [...]

Is the Fed Juicing the Stock Market? by Mike Whitney

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by Mike Whitney
Global Research, June 29, 2009
Why has the stock market been on a 3-month tear when the economy is undergoing the worst economic contraction since the Great Depression? The S&P 500 has shot up 40% from its low on March 9 and the Dow Jones Industrials have followed close behind. Is this a [...]

What the Big Banks Have Won – Regulatory Capture by Mike Whitney

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by Mike Whitney
Global Research, June 26, 2009
CounterPunch
Trouble started 24 months ago, but the origins of the financial crisis are still disputed. The problems did not begin with subprime loans, lax lending standards or shoddy ratings agencies. The meltdown can be traced back to the activities of the big banks and their enablers at [...]

Congressman Kucinich Questions Ben Bernanke (Rounds 1 & 2) + Entire hearing

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CSPANJUNKIEdotORG
June 26, 2009
http://earth2obama.org/
June 25, 2009 C-SPAN

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Congressman Kucinich Questions Ben Bernanke (Round 2)

Conversation With Ron Paul: The Future Of The Federal Reserve

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by Matthew Bandyk
usnews.com
June 24, 2009 10:21 AM ET
President Obama’s financial regulatory plan has created controversy over the role of the Federal Reserve in our economy like rarely before. The person in Congress with perhaps the most unconventional point of view on these issues in American politics is Congressman and former presidential candidate Ron Paul [...]

Instead of Real Financial Reform, Obama’s Plan capitulates to Wall Street by Prof. Michael Hudson

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by Prof. Michael Hudson
Global Research, June 22, 2009
The story is worse than just “Pres. Obama labored, and brought forth a mouse.” He is morphing into Joe Lieberman in reaching across the aisle for Republican support – and no doubt future campaign contributions from the financial sector. There also is a touch of Boris Yeltsin [...]

Dr. Michael Hudson: Is this the end financially of the American empire?

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thomhartmann
June 17, 2009

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Pt 2

Kucinich: Fed Deserves Audit First, New Authority Second

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Congressman Dennis Kucinich
Washington, Jun 17, 2009
Congressman Dennis Kucinich D-OH today made the following statement in response to President Obama’s announcement of new financial regulations that includes increasing the oversight authority of the Federal Reserve the Fed:
“Before Congress gives the Fed any new authority, we must thoroughly examine the Fed’s response to our current economic [...]