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Bernanke Launches QE3, Hidden Bank Bailout

We predicted last week that Bernanke would launch QE3 this week. Today, the Fed announced that it will buy $40 billion dollars of mortgage-backed securities per month …indefinitely. This is just More...

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US Braces as Obama Signs Budget Cuts into Effect

Gridlocked once more, President Barack Obama and Republican congressional leaders refused to budge in their budget standoff Friday as $85 billion in across-the-board spending cuts bore down on...

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