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We interrupt your regular reading habits to bring you the following important announcement: CounterPunch needs your financial support! We're not in the habit of making idle threats and this isn't one. Full Article at Counterpunch
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Here’s what we learned today on The Opening Bell: 1. CEOs think oil prices are headed higher next year. Southwest Airlines CEO Gary Kelly made that clear to me. 45% of Southwest’s fuel portfolio is hedged this year and 65% for next year. Full Article at FOX Business
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Ranking the rescues The collapse of Lehman led to a deeper recession and a litany of government programs to try to end the pain. We rate just how bold and effective the plans have been so far. Full Article at CNN/Money
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This dominance helps explain how, even after the Fed failed to foresee the greatest economic collapse since the Great Depression, the central bank has largely escaped criticism from academic economists. Full Article at ParaPundit
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Click on the headline (link) for the full text. Full Article at Energy Bulletin
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That's what Lehman Brothers Holdings Inc. executives predicted before they filed the biggest bankruptcy in U.S. history. Full Article at Austin American-Statesman
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Robert Waldmann In response to a critical comment, I have decided to actually read the article which I stopped reading when it said the Journal of Monetary Economics was a must publish journal for young economists. Full Article at Angry Bear
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A link to this Ryan Grim story at the Huffington Post was provided in the comments section yesterday morning by Idaho Spud and, since it's been popping up all over the place since then, it seemed like a good idea to send a bit more traffic their way... Full Article at iStockAnalyst
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Now this is an excellent piece of journalism. Full Article at The Agonist | thoughtful, global, timely
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The Federal Reserve, through its extensive network of consultants, visiting scholars, alumni and staff economists, so thoroughly dominates the field of economics that real criticism of the central bank has become a career liability for members of the... Full Article at Daily Paul
