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POPSDunn to Step Down as White House Communications Director In an interview, Dunn said she will stay on in a consulting role, but her communications director title was always meant to be temporary. The first communications director, Ellen Moran, stepped down in April to become chief of staff at the Commerce Department.
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POPSIndia wins top travel award Described as the "Oscars" of the travel industry by the Wall Street Journal, the prestigious awards allow the winners to market themselves as the "best of the best" in their respective regions.
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POPSVEE Day in Alameda, California, we practiced duck-and-cover as well as earthquake drills. Nothing quaint or or historic about it then. Here’s Reagan speechwriter Anthony R. Dolan at the Wall Street Journal on the power of “Four Little Words” … you remember them: “Tear down that wall” … and the earth-shaking ideas they represented as well as the action that backed them. The popular myth is that the wall kind of toppled over by itself, with a little push from people power. That of course ignores not only the prior 44 years of Cold War … interspersed with several hot ones that cost us tens of thousands of American lives … it also ignores the massive military buildup of the 1980s, the encouragement of liberation movements behind the Iron Curtain, the tough engagement with old-school Soviet leaders and, not least, the cordial engagement with a Soviet leader who realized it was time to throw in the towel. An atmosphere was finally created in which people felt like they could
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POPSThe Next Hit Coming for the Economy Full article has specific excellent examples. There are vast distortions in both valuations and wealth/income distribution which are extremely dangerous to the social contract! Further brief comment at http://singularitygov.blogspot.com
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POPSBank boss says 'we do God's work' Another example of religion being used to justify a position. I think it belittles religion and the religious. The misuse of religion gives an insight into the way they handle taking someone's last cents, before sending them to jail for not being rich. They would also believe that there is a special place in the afterlife for them and it is all good. They don't believe in suffering now to achieve glory in the next life (Mother Theresa and those types can have all of that - and a small donation - will suffice) The bonuses will be awarded to compensate workers for having to listen to people who seemed to have morals, over the last couple of years; and a reward for adjusting to honesty until the smoke cleared.
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POPSDrowning in Debt This is from Ross Perot's site (remember him?). One of the comments at the site that I thought was really good: "Our dollar is backed by faith, how much faith is left? Sheesh, they’re going to run out of paper, granted it’s all electronic transfer so maybe not. But man, I just don’t see how catastrophic inflation isn’t a forgone conclusion at this point."
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POPSThe Democrats have lost the source of their passion This point by Paul Krugman is so true. Many people who voted for Obama, including myself, did so primarily out of hope that his spirit and belief in change deserved a chance to succeed. My candid perspective is that his spirit began to diminish during his swearing in and has continued to dissipate ever since. It's hard to understand and very frustrating...but i think my feelings of disappointment are shared by many in this country.
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POPSAnd the BEAT GOES ON!!!!!!!!!!!!!!!!!!!! ACORN-linked groups from neighboring Pennsylvania and New York "appear to have moved into the state," Fund wrote. Fund also reported that the state's Democratic Party is pressuring county clerks around the Garden State to downplay signature checks on absentee ballots. Without such checking, it is very difficult to detect absentee vote fraud.
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POPSGoldman Sucks’ new role: Taking Your Homes The couple alleges that Goldman declined for three years to confirm their suspicions that it had bought their mortgages from a subprime lender, even after they wrote to Goldman’s then-Chief Executive Henry Paulson — later U.S. Treasury secretary — in 2003. Unable to identify a lender, the couple could neither capitalize on a mortgage hardship provision that would allow them to defer some payments, nor on a state law enabling them to offset their debt against separate, investment-related claims against Goldman. In July, the Beckers won a David-and-Goliath struggle when Goldman subsidiary MTGLQ Investors dropped its bid to seize their house. By then, the college-educated couple had been reduced to shopping for canned goods at flea markets and selling used ceramic glass. Theirs is an infrequent happy ending among the hundreds of cases...
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POPSPenny Stock Trading Tips You’ve been eying stock quotes which are flashed at the bottom of the TV screens for years and have been perusing the Wall Street Journal on a regular basis.
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POPS80-Year Anniversary Of "Black Tuesday"
More commonly known as "Black Tuesday," October 29, 1929 was the last of four so-called "black" days which ushered in the Great Depression. In fact, the stock market collapse in the U.S. for at least one month after Black Tuesday. Eventually, the Great Depression grew into a worldwide financial calamity that lasted, by most conventional accounts, until the end of World War II. By 1933, the U.S. gross domestic product (GDP) was cut in half. The Depression caused many farmers to lose their farms. At the same time, years of erosion and a drought created the “Dust Bowl” in the Midwest, where no crops could grow. Many traveled to California to find work, a subject written about by John Steinbeck in "The Grapes of Wrath." Many others ended up living as “hobos” or in “Hoovervilles”, make-shift homeless encampments named after then-President Herbert Hoover. During the 1928 Presidential campaign, Hoover campaigned on a number of slogans, one of which was "Vote for Pros
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POPSBank can't prove it owns the mortgage, Judge writes off $460k debt This is why Rep. Kaptur was telling people facing eviction to squat in their own homes , refuse to be evicted, and make the bank demonstrate in court that the debt is legitimate . Possession is 9/10 of the law. I predict that this is the first tremble of a massive shock-wave about to move through our economy.
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POPSThe Crash 80 years later, could it happen again? (Note: Don't say it happened in the 1980's. That wasn't a crash, exactly)
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POPSWall Street's Naked Swindle This was a brokered bloodletting, one in which the power of the state was used to help effect a monstrous consolidation of financial and political power. Heading into 2008, there were five major investment banks in the United States: Bear, Lehman, Merrill Lynch, Morgan Stanley and Goldman Sachs. Today only Morgan Stanley and Goldman survive as independent firms, perched atop a restructured Wall Street hierarchy. And while the rest of the civilized world responded to last year's catastrophes with sweeping measures to rein in the corruption in their financial sectors, the United States invited the wolves into the government, with the popular new president, Barack Obama — elected amid promises to clean up the mess — filling his administration with Bear's and Lehman's conquerors, bestowing his papal blessing on a new era of robbery. Read the whole nasty sociopathic scam
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POPSMaybe the only way out We keep hearing that the economy is into a recovery, if so It'll be short lived. The almost limitless availability to credit led the world into this mess and now they tell us that more credit will save us. The Federal Reserve has to go! The clip above may provide an answer to a way out.