Economy
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Nearly 29% Of Mortgaged U.S. Homes Underwater (Jane Hodges)
Nov. 8, 2011 (MSNBC) -- A whopping 28.6 percent of homeowners with mortgages owe more on their loans than their homes could sell for, according to quarterly data released Tuesday by Zillow, a real ...
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Nearly half of mortgages in Chicago area underwater (Mary Ellen Podmolik)
Nov. 8, 2011 (Chicago Tribune) -- A little more than 46 percent of all single-family homes with a mortgage in the Chicago area were underwater in the year's third quarter, far more than the nation ...
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Global Systemic Crisis: $30 Trillion In Ghost Assets Will Disappear By Early 2013 (LEAP/E2020)
The crisis enters a phase of widespread discounting of Western public debt Nov. 16, 2011 (LEAP/E2020) -- Public announcement GEAB N°59 -- As we come to the end of the second half of 2011, it is ...
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UC Davis Pepper-Spray Incident Reveals Weakness Up Top (Matt Taibbi)
Nov. 22, 2011 (Rolling Stone) -- Was absolutely mesmerized last night watching the viral video of the UC-Davis pepper-spraying. It was totally amazing, simultaneously one of most depressing and ...
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Possible Credit Squeeze As Investors Dump European Gov't And Bank Debt (Nelson D. Schwartz and Eric Dash)
Nov. 18, 2011 (World News Trust) -- Nervous investors around the globe are accelerating their exit from the debt of European governments and banks, increasing the risk of a credit squeeze that could ...
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And the Country Went to Hell (David Glenn Cox )
David Glenn Cox -- World News Trust Nov. 5, 2011 -- George Orwell wrote in his ground breaking novel 1984, “He who controls the past controls the future. He who controls the present controls the ...
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This Is What Revolution Looks Like (Chris Hedges)
Nov. 15, 2011 - NEW YORK (Truthdig) -- Welcome to the revolution. Our elites have exposed their hand. They have nothing to offer. They can destroy but they cannot build. They can repress but they ...
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Finding Freedom in Handcuffs (Chris Hedges)
Nov. 7, 2011 -- New York (Truthdig) -- Truthdig columnist Chris Hedges, an activist, an author and a member of a reporting team that won a 2002 Pulitzer Prize, wrote this article after he was ...
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A Master Class in Occupation (Chris Hedges)
Oct. 31, 2011 -- NEW YORK (Truthdig) -- Jon Friesen, 27, tall and lanky with a long, dirty-blond ponytail, a purple scarf and an old green fleece, is sitting on concrete at the edge of Zuccotti Park ...
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Rebels on the Street: The Party of Wall Street Meets its Nemesis (David Harvey)
Oct. 28, 2011 (DavidHarvey.org) -- The Party of Wall Street has ruled unchallenged in the United States for far too long. It has totally (as opposed to partially) dominated the policies of ...
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World Faces Years of Social Unrest as Economies Falter (Nigel Morris, Ben Chu)
Cars burn during a demonstration, in dowtown Rome Oct. 15 during an anti-capitalist protest. The eurozone debt crisis could lead to a decade-long recession and rising social unrest, the ...
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