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Here’s Why We Know That Bernanke Knew He Was Wrong About QE, ZIRP, and Trickle Down

January 7th, 2015
in Op Ed

by Lee Adler, Wall Street Examiner

In November 2010 Ben Bernanke revealed publicly that boosting the stock market was part of the official economic policy of the US Federal Reserve.

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America: Are We Still A Republic?

January 7th, 2015
in Op Ed, syndication

Written by

Are you ready for the 2016 Presidential election? Probably not! Most likely you are tired of the endless elections that result in little change, despite strident campaign slogans and promises by the candidates, or worse, big and negative changes only (Civil Rights Act: 50 Years Later)!

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The Year in Doom 2014

January 6th, 2015
in Op Ed

by Surly1, Doomstead Diner

Originally published on the Doomstead Diner on January 4, 2014

Discuss this article here in the Diner Forum.


I have always thought that in revolutions... madmen, not those so called by courtesy, but genuine madmen, have played a very considerable political part. One thing is certain, that a condition of semi-madness is not unbecoming at such times, and often even leads to success. - Alexis de Tocqueville (1805 - 1859)


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Runaway Dollar Could Make Deflation Unstoppable

January 5th, 2015
in Op Ed

by Rick Ackerman, Rick's Picks

I don't often feature technical analysis as the topic of the week. In this case, however, the Dollar Index is at a crucial threshold that deserves a drum-roll and our close attention. Notice the two tightly spaced purple lines near the top of the chart. These are 'Hidden Pivot' rally targets of medium importance, albeit of slightly different degree, and if they were to be easily exceeded it would suggest that the steep 15% run-up since May could be just a warm-up.

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Greece, the Troika, and the New York Times

January 5th, 2015
in Op Ed

by William K. Black, New Economic Perspectives

As I have explained in prior articles, there is an excellent chance that the Troika's infliction of austerity on the eurozone's periphery could, as with the austerity inflicted under the Washington Consensus continue to produce such long-term rolling recessions that it creates a political dynamic that discredits such economic malpractice and brings to power leaders elected on the promise that they will adopt economically literate policies.

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