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Economy

Reconciling JP Morgan’s Two Billion Loss and Deregulation

On May 10, Jamie Dimon, Chief Executive Officer of JP Morgan, the largest bank in the United States, broke the news that it suffered a $2 billion trading loss over a recent six week period on a derivatives portfolio that was initially designed to reduce risk.  Following

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It’s the Austerity Stupid

At this time primary elections are of little importance, but May 8 stands out because of elections unrelated to the White House.  Indianans declined to give incumbent Republican Senator Richard Lugar another term which is worthy of a separate commentary and voters in North Carolina banned same

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Failure Is Not an Option… Unless You Are Rich

On April 10 Senator Rick Santorum ended his bid for the Republican nomination which even at such a late date in the campaign season was viable.  As such the Democrats should have been on their guard and choose every word carefully because without any realistic challenges for

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A Rebuttal of Ideologue George Will

A Rebuttal of Ideologue George Will

Fellow Human Beings, I’ve been meaning to write something and since I now have the time I’ve been gradually getting back into doing that. I might have something bigger written in a few days, but for now this is a rebuttal of George Will’s (syndicated) column from

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Occu-Pies Create Jobs

Occu-Pies Create Jobs

I made a post on Facebook earlier commenting how Occupy Wall Street (OWS) created more jobs than the 112th Congress.  It got a couple likes, and last I checked there was an “lol.”  What the hell, it’s not a “ROFLMFAO,” but I’ll take it.  I was glad

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