News Analysis
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Mass Extinction Threat: Earth on Verge of Huge Reset Button? (Jeremy Hsu)
Sept. 2, 2010 (LiveScience) -- Mass extinctions have served as huge reset buttons that dramatically changed the diversity of species found in oceans all over the world, according to a comprehensive ...
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German Military Report: Peak Oil Could Lead to Collapse of Democracy (Daniel Tencer)
The sun sets over an oil platform waiting to be towed out into the Gulf of Mexico at Port Fourchon in Louisiana in May. According to Der Spiegel, the report from a think-tank inside the German ...
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The Fed's Liquidity Trap: The American and world economies are in a deliberate state of slow collapse (Bob Chapman)
Sept. 1, 2010 (Global Research) -- Almost two years ago the U.S. Treasury was selling large amounts of short-term Treasury bills to fund bailouts and stimulus. That caused a major increase in debt. ...
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U.S. Government Prepares for 'Crisis' (Jeff Nielson)
Aug. 30, 2010 (The Street) -- Most market reporters, commentators and politicians continue to rely upon nothing but the same short-term "snapshots" which have caused them to be "surprised" by ...
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The Backward Slide into Recession (Mike Whitney)
Aug. 30, 2010 (Information Clearing House) -- Ongoing deleveraging has slowed personal consumption and trimmed 2nd quarter GDP to a revised 1.6 percent. The economy is sliding backwards into ...
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Make Sure the Bunker is Well Stocked (Mike Whitney)
Aug. 29, 2010 -- (Information Clearing House) -- Robert Herz was forced to resign from his job as as chairman of the Financial Accounting Standards Board (FASB) because he insisted that the banks ...
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Morgan Stanley Analyst Says Governments to Default (Matthew Brown)
Aug. 25 (Bloomberg) -- Investors face defaults on government bonds given the burden of aging populations and the difficulty of increasing tax revenue, according to a Morgan Stanley executive ...
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Bill Gross Takes Backseat to Real Big Money (William Pesek)
Aug. 13 (Bloomberg) -- Mohammed El-Erian, chief executive officer and co-chief investment officer at Pacific Investment Management Co., discusses Federal Reserve monetary policy. El-Erian, speaking ...
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Deconstructing the Official Narrative on the U.S. Withdrawal from Iraq (Jeremy R. Hammond)
Aug. 20, 2010 -- (Foreign Policy Journal) -- Iraq is back in the news, at least for a moment. The occasion is "A truly historic end to seven years of war," in the words of Lt. Col Mark ...
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The Digital Surveillance State: Vast, Secret, and Dangerous (Glenn Greenwald)
Aug. 9, 2010 (Cato Unbound) -- It is unsurprising that the 9/11 attack fostered a massive expansion of America’s already sprawling Surveillance State. But what is surprising, or at least far less ...
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This Economy Stinks, Yes it Does (Dean Baker)
Aug. 10, 2010 (Truthout) -- If there were any doubts about the health of the economy, two reports issued in the last ten days should have eliminated them. First the second quarter GDP showed the ...
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