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aldous commented on the blog post CFPB Launches Inquiry Into Overdraft Fees on Bank Accounts
There is much phony about the Obama administration, but I know Rich Cordray and he is a good guy. He has the consumer’s interest at heart.
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aldous commented on the blog post Lindsey Graham Calls Raymond Davis an “Agent”
Powell was always a good soldier, doing what his bossed decreed, lavishing praise on Latin American dictators, whitewashing the Mi Lai massacre. He knew what he was doing. This is just revisionism.
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aldous commented on the diary post Obama Ignores Actual State of the Union, Makes Nice Speech by Scarecrow.
The grand project of moving the economic system back into the 19th century has been going on for 40 years. The Democrats and Republicans have both been increasingly tools for their corporate masters. The East Germans used to make a joke that the difference between the Republicans and Democrats was that one drank Coke and [...]
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aldous commented on the diary post Obama Ignores Actual State of the Union, Makes Nice Speech by Scarecrow.
Both poems worthy of a re-read. Thanks for reminding us.
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aldous commented on the blog post Senate Passes Tax Cut Bill
Couldn’t have said it better myself, MrSandman.
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aldous commented on the blog post 159,000 Jobs Lost: The Price of NAFTA-Style Korea Free Trade
Yep. Told us all we really needed to know.
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aldous commented on the blog post The Foreclosure Crisis Spells Disaster For The Economy
It would be good to diversity out of the U.S. The problem is the entire world economic system is screwy at the moment. You might think of foreign stock or worldwide mutual funds, foreign currency, gold or silver. World-wide stock funds are a pretty conservative investment but the others are not for the faint of heart.
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aldous commented on the blog post Obama Seeks Korea Free Trade Agreement Completion During G-20
The problem, of course, is that the workers whose wages have declined cannot afford to buy the products of the corporations–hence massive borrowing and manufacturing capital out of the air (= quantitative among other things). This is, of course, inherently unsustainable and the house of cards is now collapsing.
