In a November 3 article, the Wall Street Journal reports that corporate cash holdings have reached extraordinary levels: Stung by the financial crisis, companies are holding more cash—and a greater percentage of assets in cash—than at any time in the past 40 years. In the second quarter, the 500 largest nonfinancial U.S. firms, by...
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If you do, they will almost certainly disgrace your family by writing reports that can be interpreted in only two ways: (1) the reporter is a shill for the government, passing off government propaganda as news and analysis; and (2) the reporter is dreadfully incompetent and naïve with regard to government policies. Sad to...
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After many months of the “mainstream” media refusing to discuss the real causes of the sub-prime financial crisis, the deafening silence has finally been broken in a January 5th front-page article in the Wall Street Journal (WSJ) that begins to unmask the truth. In “Housing Push for Hispanics Spawns Wave of Foreclosures,” Susan Schmidt...
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The Onion News Network has recently and incisively parodied the utter foolishness of the escalating campaigns for monstrous, federal government bailouts. In The Know: Should The Government Stop Dumping Money Into A Giant Hole? For the authoritative examination of how federal policies are responsible for directly creating the financial crisis, see the recent Independent...
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