Malaise is here to stay

Unemployment “dipped” to 7.6 percent. If you listened to the news last week, that’s how the mainstream media framed the story. What is the real story?

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Redefining “mainstream” politics

The year is 1980. Jimmy Carter is fighting for his political life in a brutal re-election campaign against Ronald Reagan. Polls show Carter with a slight lead, but the times are volatile. President Carter knows he must do something bold to nail down the election and pre-empt the politically beguiling former actor. At a dusty campaign stop in a key swing state, the former Georgia governor strides boldly to the microphone and addresses the gathered Democratic supporters …

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Would you pass the malaise please?

By Tom Quiner [youtube=http://www.youtube.com/watch?v=mWAdt07XPgY] You’ve got $5000 in your pocket. Who is going to spend that money better:  you or a stranger? Answer quickly, please. Do you really think a stranger is going to take your five grand and spend/invest it better? It’s an interesting question, because Warren Buffet says rich (productive) Americans need to…

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