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Written by John F. McManus
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Monday, 31 August 2009 10:00 |
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 At a town hall meeting held in his Massachusetts district, House Financial Services Committee Chairman Barney Frank provided a surprising response to a constituent’s inquiry about H.R. 1207, Rep. Ron Paul's bill calling for an audit of the Federal Reserve.
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Written by William F. Jasper
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Monday, 31 August 2009 03:00 |
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 News stories on August 19 reported that Neil Barofsky, Special Inspector General (SIG) of the U.S. treasury Department’s $700 billion Troubled Asset Relief Program (TARP), had agreed to audit the $301 billion of federal asset guarantees extended to Citigroup Inc. since last November.
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Written by Alex Newman
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Wednesday, 26 August 2009 07:45 |
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 The Associated Press is reporting that millions of Social Security recipients will receive smaller checks next year. The reason: premiums for Medicare’s prescription drug plan, which are usually automatically deducted from Social Security payments, are set to rise by a whopping average of $2 per month.
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Written by Steven J. DuBord
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Monday, 24 August 2009 03:00 |
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 The Obama administration is expected to release a report soon estimating that the 10-year budget deficit for the United States will be roughly $9 trillion, up approximately $2 trillion from the previous projection of $7.108 trillion, Reuters reported on August 21.
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Written by Steven Yates
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Wednesday, 05 August 2009 17:20 |
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 According to Senator Judd Gregg (R-N.H.), the United States is on its way to becoming a “banana republic” within 10 years.
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