BREAKING: First Quarter GDP Shrinks By 2.9%, Worst Pullback In 5 Years…

Obamanomics. WASHINGTON — The U.S. economy contracted at a worse pace than previously estimated in the first quarter, marking its sharpest pullback since the recession ended five years ago. Source:
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7 Yrs. Of Massive Monetary “Stimulus” Since Initial August/07 Rate Cut: Anemic 0.9% Real GDP Growth Rate Since

Source: David Stockmans Contra Corner In light of second quarter GDP’s imminent release and the explosion of commentary it will undoubtedly create, I thought it useful to promote a better
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Obama Calls for Highest Sustained Taxation in U.S. History

Source: CNS News In the budget proposal he presented to Congress last month, President Barack Obama called for what would be the highest level of sustained  taxation ever imposed on
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Bubbleberg News LP: Why We Are Plagued With Drivel Masquerading As Financial Reporting

Source: Lew Rockwell One of the evils of massive over-financialization is that it enables Wall Street to scalp vast “rents” from the Main Street economy. These zero sum extractions not only bloat the
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Obama plans 3.9-trillion-USD budget for 2015

Source: Freedom 4um U.S. President Barack Obama has planned 3.9 trillion U.S. dollars of budget for the 2015 fiscal year, which will be used to fund infrastructure upgrading, education and
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