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The Bad News About the Good News
35% of Americans have debts and unpaid bills that have been reported to collections agencies. But it’s not all bad news. The collections industry is hiring. But wait.
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LOS ANGELES TIMES CARTOON: Roommates from Hell
Southern California has always had one of the priciest real estate markets in the United States, but in recent years the gap between what people can afford to pay for rent or mortgage and median...
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Recession/Recovery
When people lose good jobs, their misery is downplayed. When they get new, worse jobs, it’s categorized as big progress – even though their worse off than before. Such is the nature of the current...
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SYNDICATED COLUMN: George H.W. Bush Hagiography is the Elites’ Finest...
Even by the recent can’t-believe-your-eyes-and-ears standards of American elitist hagiography this week’s over-the-top-of-the-top praise of George H.W. Bush was astonishing. What separated...
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The Boom-Bust Cycle of Capitalism
With salaries representing the biggest expense for employers, it’s not paranoid to suggest that, as soon as workers begin to gain advantage in a tight labor market, bosses are ready to tank the...
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We Have Met the Sanctions and They Are against Us
Western nations including the United States have imposed brutal sanctions against Russia in an effort to derail its economy. However, the world is so interconnected and dependent on Russian energy...
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What’s Worse Than Inflation? Fighting Inflation.
Inflation is a cancer. It eats away at savings and consumer confidence. But the tools the United States government uses to fight inflation are often worse—they’re a form of chemotherapy...
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The U.S. Played Gorbachev for a Fool
Mikhail Gorbachev, the last leader of the Soviet Union who died this week, was a member of that tribe of politicians who can diagnose a problem but doesn’t know how to treat it. As he grew...
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Why Business Wants a Recession
Give Jerome Powell credit for candor: the Fed chairman admits that his policy of increasing interest rates to fight inflation might push the economy into a recession. “No one knows whether...
View ArticleThe Final Countdown – 10/2/23 – Gaetz Prepares to Oust McCarthy as GOP Rift...
On this episode of The Final Countdown, hosts Angie Wong and Ted Rall discuss hot topics, including the potential ousting of House Speaker Kevin McCarthy by his fellow GOP congressmen. Steve...
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