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Paul Craig Roberts: The Libor Scandal In Full Perspective + Meta-RECAP

The Libor Scandal In Full Perspective The article about the Libor scandal, coauthored with Nomi Prins, received much attention, with Internet repostings, foreign translation, and video interviews. To further clarify the situation, this article brings to the forefront implications that might not be obvious to those without insider experience and knowledge. EXTRACT: Does this mean …

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Winslow Wheeler: CBO Truth, DoD Lies, Political Theater

An important and informative Tony Capaccio article (from Bloomberg; shown below) came out today.  It summarizes (accurately) CBO’s analysis of the budget effects of sequester: if sequester were to occur, the Pentagon’s “base” (non-war) budget would be $469 billion for 2013.  This is slightly above what was spent in 2006, and it is “larger than the …

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Mati Nissani: Strategic Lessons from the Rand Paul Fiasco

Strategic Lessons from the Rand Paul Fiasco “Without revolutionary theory, there can be no revolutionary movement.”—Lenin  …by  Moti Nissani, Ph.D. Prof. Emeritus, Wayne State University Rand Paul Summary: For many years, the liberty movement’s aspirations and actions have been focused on the presidential candidacy of Congressman Ron Paul. In Early June, this strategy backfired, following …

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Marcus Aurelius: 8,000 Wealthy US Citizens Leaving US and Renouncing US Citizenship

Wealthy Americans Jumping Obama’s Ship NewsMax, Sunday, 24 Jun 2012 12:46 PM Wealthy Americans aren’t just leaving tax-heavy states like New York and California, they’re leaving the country. U.S. citizens are defecting at record levels in order to escape high taxes, the New York Post reported. About 8,000 U.S. citizens are projected to renounce their …

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Chuck Spinney: Progressives Argue Over Defeating Obama – a Conversation on Email

Most of my liberal friends reluctantly support President Obama’s re-election, because the alternative is so much worse.  Invariably, they invoke the effects of a Romney presidency on judicial appointments, especially those to the Supreme Court (ironically, Obama’s two appointees just voted with the majority to decline to hear the Guantanamo case, if effect, putting another …

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Yoda: Follow the Money – Voters, Voting, Information and Influence

Follow the Money Recent court decisions (re)affirming corporate personhood and premise that campaign contributions are (protected) free speech punctuated the fear of some that politicians—biennially for sale to the highest bidder—would increase in cost and become the exclusive province of the rich, which would give truth to the sobriquet, “the ruling class”. It is unfair, …

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