The Fed’s Failures

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Has the central bank done all it can do?

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Budget Deficit to Reach $1.35 Trillion for 2010 – WSJ.com

Congressional experts pegged the 2010 U.S. budget deficit at $1.35 trillion, a slight improvement from the $1.38 trillion estimate in August, but the overall picture of the government’s finances remains bleak, according to the annual report released Tuesday. The Congressional Budget Office said the government will run an aggregate deficit of almost $6 trillion during […]

David Frum: Why Health Care Bill is Too Big a Risk – Frum Forum

I wanted to support President Obama’s health care reforms if I possibly could. The U.S. health care system costs too much, delivers too little and excludes too many. Americans pay 60 percent more per person for health care than any other nation. Yet Americans rank only 41st in life expectancy and live with the paralyzing […]

Preparing for Global Collapse – by Vasko Kohlmayer

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The banks brace for an economic meltdown of epic proportions.