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FHFA Issues Subpoenas for PLS Documents

…in private-label securities. These securities included subprime loans, which were extended to people with thin or weak credit histories, as well as exotic loans such as adjustable-rate mortgages known as…

SCOTT SUMNER II

…growth in real per capita GDP actually appears to be from the late 1950s to the late 1970s. But that is really just as much, if not more, of an…

…published June 2010. DolB: I am a liberal. A label that “progressive” is used in exchange with. I am not a radical, fascist, loony, left winged, socialist, commie. In fact,

Tri-Committee Health Care Bill Deficit Neutral

…Budget Office (CBO) released estimates this evening confirming for the first time that H.R. 3200, America’s Affordable Health Choices Act, is deficit neutral over the 10-year budget window – and…

Warren Buffet’s annual letter to shareholders

…“This debilitating spiral has spurred our government to take massive action. In poker terms, the Treasury and the Fed have gone “all in.” Economic medicine that was previously meted out…

Paul Volcker Feb.20

…them in trouble. Because they involve great risk, those managements got enormous reward for these innovative activities. All those innovative activities over time produce losses rather than gains, but the…

Real world business for the economic buffs

…white label website development. A local flower shop is considered a retail business. This is true but, it is also a manufacturing business. The design of your shop’s storefront is…