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ObamaCollege, brought to you by the Barack Obama. The man who gifted us with such products as cash for clunkers, the stimuli, and ObamaCare. At this point, it is kind of like a teenager who just got out of jail for his second DUI related homicide and...
From: The Inquisitr | By: David Joseph | Monday, January 26, 2015
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Alexis Tsipras created the government with a center-right fringe party that will charge immediately into the task of reversing wrenching austerity policies....
From: New York Times | By: LIZ ALDERMAN and JIM YARDLEY | Monday, January 26, 2015
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While polls last week showed the anti-austerity party was likely to win the elections, investors still appeared to be unsettled by the results....
From: New York Times | By: DAVID JOLLY and NEIL GOUGH | Monday, January 26, 2015
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Now that Alexis Tsipras has won, and won big, European officials would be well advised to stop lecturing him on fiscal responsibility....
From: New York Times | By: PAUL KRUGMAN | Monday, January 26, 2015
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A New York State statute to protect the infirm has become a routine tool for nursing homes to ensure patients’ bills are paid....
From: New York Times | By: NINA BERNSTEIN | Monday, January 26, 2015
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The results of yesterday’s Greek elections, which the radical left coalition, SYRIZA, won in an historic landslide, reminded me of a humble pharmacist named Dimitris Christoulas. What follows is an excerpt from an essay I wrote in his honor back in...
From: Savage Minds | By: Kristen Ghodsee | Monday, January 26, 2015
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ECB, Euro, USD, Interest Rates David R. Kotok Cumberland, January 24, 2015     After a two-and-a-half-year wait for “whatever it takes,” the quantitative easing (QE) announced this week by the European Central Bank (ECB) is different from the QE...
From: Barry Ritholtz | By: David Kotok | Sunday, January 25, 2015
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Belgium's finance minister says he sees some room to discuss the "modalities" of the Greek debt program with the other eurozone nations after the election victory of the left-wing Syriza party that seeks an end to painful austerity measures....
From: Fox News | Sunday, January 25, 2015
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The apparent victory of the far-left Syriza party in Greece is the latest signal that the continent's economic philosophy is changing....
From: The Atlantic | By: Matt Schiavenza | Sunday, January 25, 2015
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There's "postwar reconstruction," but the IMF has completely lost the plot with "duringwar reconstruction."I am unsure of many, many things, but this I know: Ukraine is a bottomless money pit. I figured this out a long time ago when I said that if the...
From: International Political Economy Zone | By: Emmanuel | Monday, January 26, 2015
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Cormac MacSweeney grills the federal finance minister on whether income-splitting policy is fiscally responsibleThe post LISTEN: Joe Oliver defends the need for a budget surplus appeared first on Macleans.ca....
From: Macleans | By: macleans.ca | Sunday, January 25, 2015
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I’m at the Coffee Break Cafe in Quincy, Mass., waiting to meet the shop’s co-owner, Jenn Ormond. The line was five deep when I got here, so I figured I’d sit down and wait for the rush to die down before ordering a coffee. That was almost an hour...
From: The Simple Dollar | By: Jon Gorey | Saturday, January 24, 2015
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State-owned National Electricity Company (NEK) is suffering losses worth millions of BGN due to "lobbyist" legislation amendments and a practice to sell electricity below market prices, a Bulgarian MP has claimed.In December 2014, NEK sold some 650 MW...
From: Novinite | Sunday, January 25, 2015
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NEW YORK (TheStreet) -- From learning what bitcoin is in The Age of Cryptocurrency: How Bitcoin and Digital Money Are Challenging the Global Economic Order to real estate secrets in Zillow Talk: The New Rules of Real Estate, the list of books coming...
From: TheStreet | By: Laurie Kulikowski | Sunday, January 25, 2015
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BIG and BOT Policy Proposals (transcript) - "Many of our current economic policies originated during times of scarcity. But now, says investor Albert Wenger, we live in an era of 'digital abundance', when creating new products costs virtually nothing....
From: MetaFilter | By: kliuless | Saturday, January 24, 2015
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Filed under: Retirement, Early Retirement, Social Security#fivemin-widget-blogsmith-image-422072{display:none;} .cke_show_borders #fivemin-widget-blogsmith-image-422072, #postcontentcontainer #fivemin-widget-blogsmith-image-422072{width:570px;display:block;}...
From: Daily Finance | By: Money Talks News | Saturday, January 24, 2015
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Chicago faces a $300 million deficit in 2016 with shortfalls continuing “for the forseeable future”—even before piling on $20 billion in pension liabilities that have saddled the city with the “worst credit rating of any major city other than...
From: Chicago Sun-Times | By: Fran Spielman | Saturday, January 24, 2015
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Greece could elect an anti-austerity party on Sunday, a development which could trigger another Greek debt crisis.
From: NPR | By: Joanna Kakissis | Saturday, January 24, 2015
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Suprise alliance between two staunchly anti-bailout parties
From: Time | By: Sabrina Toppa | Monday, January 26, 2015
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European Union leaders and policymakers respond to Syriza’s election victory
From: Irish Times | Monday, January 26, 2015
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A brief collection of reaction to Sunday’s election in Greece follows. Before we hear from the professional financial crowd, however, a word from Eric LeCompte, executive director of Jubilee USA… This election was a referendum on austerity and debt...
From: Financial Times | By: Dan McCrum | Monday, January 26, 2015
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The euro hit its lowest level against the US dollar in more than 11 years on Monday following the victory of radical left SYRIZA party in Greece’s elections that has ignited fears the country might exit the eurozone. SYRIZA leader Alexis Tsipras has...
From: Novinite | Monday, January 26, 2015
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Legal action highlights risks of unpaid debt cascading through financial system
From: Financial Times | Monday, January 26, 2015
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Agency is advancing plans to step up sale of debt, with up to €15bn in long-term bond sales
From: Irish Times | Monday, January 26, 2015
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An Ontario man says he was tricked into signing a representation contract with a Homelife Superstars realtor, leaving him with a lien on his home and $12,280 in debt....
From: CBC | By: Rosa Marchitelli | Monday, January 26, 2015
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The new Greek administration will have to repay the country’s debt, even though talks on a debt maturity extension are possible, ECB executive board member Benoît Coeuré said.
From: Wall Street Journal | Monday, January 26, 2015
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Rolling reaction to Syriza’s historic success in the Greek elections, which opens up a new chapter in Europe’s debt crisisLatest: Alexis Tsipras is meeting with Independent Greeks nowSyriza MP: We’ve won a poisoned chaliceGreek stock market slides,...
From: The Guardian | By: Graeme Wearden | Monday, January 26, 2015
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Egypt plans expansion of oil projects to reduce debt and revive its economy, reports Middle East Monitor citing International Research Networks...
From: AME Info | By: Florence Pilkington | Monday, January 26, 2015
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A resounding election victory for the radical left party has pushed Greece closer to quitting the euro zone. But Syriza should be able to cut a deal with the country’s European creditors to avoid bankruptcy – provided both sides are rational.
From: Reuters | By: Hugo Dixon | Monday, January 26, 2015
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Greece is to have an anti-austerity government, Panos Kammenos, Independent Greeks, has told reporters after coalition talks with SYRIZA's Alexis Tsipras in Athens. Tsipras is due in the Presidency in Athens later on Monday and is tipped to become Greece's...
From: Novinite | Monday, January 26, 2015
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Grexit: it is not the debt, it is the future - Antonio Fatas The Greek Stand-By Arrangement - Paul Krugman The Fed is accused of complacency - Gavyn Davies Wage rise puzzle tests the Federal Reserve - FT.com Economist, Interrupted...
From: Economist's View | By: Mark Thoma | Monday, January 26, 2015
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After a landslide win that beat analyst expectations, Greece's radical left-wing party Syriza will be looking for coalition partners to form a government this morning. They've got 149 of 300 seats already, beating the centre-right New Democracy by eight...
From: Business Insider | By: Mike Bird | Monday, January 26, 2015
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Alexis Tsipras sweeps to power.
From: Reuters | By: Mike Peacock | Monday, January 26, 2015
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Coeure also said European governments needed to implement reforms and consolidate their national budgets to create sustainable growth and jobs.
From: The Economic Times | Monday, January 26, 2015
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The victory of leftist SYRIZA party in the early parliamentary elections held in Greece have left European leaders divided in their assessment, with many fearing this could have negative repercussions in their own countries. British Prime Minister David...
From: Novinite | Monday, January 26, 2015
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Two county councils ran up debts of nearly €30m buying land for social housing schemes — only for the sites to later be deemed "unsuitable for residential development"....
From: Irish Examiner | By: IrishExaminer.com | Monday, January 26, 2015
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Leticia Miranda at Pro-Publica writes Obama Wants You to Have Cheap, Fast Internet, But Many Cities Aren’t Allowed to Provide It. An excerpt: Although there are about 300 municipal broadband networks across the country, laws in about 20 states create...
From: Daily Kos | By: Meteor Blades | Monday, January 26, 2015
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Contagion? Well don't worry about that! German Chancellor Angela Merkel assures us that will not happen. However, a difference of opinion is forming in Greece, Spain, and Ireland.Via translation from El Confidencial, SYRIZA Extends the Debate, "Ireland...
From: Global Economic Trend Analysis | By: Mike Mish Shedlock | Monday, January 26, 2015
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In the first of a series of interviews with "Birdman" star Michael Keaton, the Oscar nominee discusses his early obsession with comedy, working with Harold Ramis on "Multiplicity," braving Shakespeare with Kenneth Branagh and owing a debt to "Night Shift,"...
From: HitFix | Monday, January 26, 2015
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SYRIZA won 149 seats out of 300 in Greek parliament with more than 75 percent of voters already tallied. While the coalition did not gain the majority, it basically achieved a massive victory after the assault by European elites warning Greeks not...
From: Firedoglake | By: BrandonJ | Monday, January 26, 2015
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Voting in Sunday's much-watched Greek elections has ended, and exit polls suggest that the far-left Syriza party has captured nearly 40 percent of the vote. While this may not be enough to ensure a parliamentary majority in Greece's electoral system,...
From: Free Republic | By: The Atlantic | Monday, January 26, 2015
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Greece set itself on a collision course with the rest of Europe last night after handing a stunning general election victory to a far-left party that has pledged to reject austerity and cancel the country's billions of euro in debt.
From: Irish Independent | Monday, January 26, 2015
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Eurozone finance ministers will warn Alexis Tsipras today that there will be no negotiations on debt relief for Greece unless his radical left-wing government promises to honour all existing austerity agreements.
From: Irish Independent | Monday, January 26, 2015
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It took me a long time – most of a year, in fact – to come to terms with the fact that I spent most of my early professional life making horrible financial decisions and pretty mediocre career decisions. I wasn’t exactly lacking in evidence in...
From: The Simple Dollar | By: Trent Hamm | Saturday, January 24, 2015
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Giant utility company Exelon has a failing business model and a plan to prop it up. Both ratepayers and clean energy will get screwed in the process....
From: Grist | By: David Roberts | Friday, January 23, 2015
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At least 29 people are dying every day in eastern Ukraine and pro-Russian rebels are only promising more violence....
From: The Atlantic | By: Adam Chandler | Friday, January 23, 2015
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I hear some version of this one all the time. “We will never need another financing.” “This financing will get us to cash flow breakeven.” “This is our last financing before we become profitable.” It’s probably bullshit. There are so many...
From: Feld Thoughts | By: Brad Feld | Monday, January 26, 2015
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I caught Edward Kleinbard the other morning on Cspan.  He is a professor of law and business at USC and a fellow at the Century Foundation.  His book: We are better than this: How Government Should Spend our Money.  If you google his name, articles...
From: Angry Bear | By: Daniel Becker | Monday, January 26, 2015
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ATHENS -- A radical left-wing party vowing to end Greece's painful austerity program won a historic victory in Sunday's parliamentary elections, setting the stage for a showdown with the country's international creditors that could shake the eurozone....
From: TheStreet | By: The Associated Press | Monday, January 26, 2015
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Early news reports seem to be pretty clear that Syriza has won the Greek elections, so I thought CT readers might be interested in the following note, which I sent to my professionals’ mailing list a few weeks ago. Since I wrote it, there has been...
From: Crooked Timber | By: Daniel | Sunday, January 25, 2015
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