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It appears that Wall Street will get the bill that they have wanted all along. Please do not be fooled by the complex charade that is taking place on Capital Hill. Although Wall Street put up a nominal fight, this was the mother of all point-shaving scams. In the game of Wall Street versus Main Street, Wall Street still wins...
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Although the unemployment rate fell to 9.7% for the month of May, the Obama administration is not happy. The vast majority of jobs added to the economy were temporary census positions. Meanwhile, private companies failed to meet economists’ expectations. Last month, when unemployment rose to 9.9%, the administration was...
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Although the unemployment rate fell to 9.7% for the month of May, the Obama administration is not happy. The vast majority of jobs added to the economy were temporary census positions. Meanwhile, private companies failed to meet economists’ expectations. Last month, when unemployment rose to 9.9%, the administration was...
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The Obama Administration has been enjoying the post-coital bliss that occurred after they rammed the healthcare reform plan down America’s throat. While opponents on the right have been predictably overheated in their rush to condemn a very middle of the road bill, the conversation again turns to America’s troubled economy. ...
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For the umpteenth time, Mr. Obama is going to try and get bipartisan support for his healthcare legislation. Despite a scaled down healthcare bill that incorporates many Republican ideas at the expense of the public option. While President Obama should be lauded for sticking to his guns, I am still confused as to what he hopes...
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The New York Times has published a troubling analysis of Mr. Obama’s 2011 federal budget. According to White House projections that are found within the budget, the deficit will not return to what are considered economically sustainable levels over the next ten years. This leaves little room for new domestic initiatives and...
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