Money Morning Archive August 2009

From one scam to another...from bailing out Wall Street to bailing out the entire world economy, the more stimulus programs fail to bring a recovery, the more economists call for more stimulus. Bill Bonner explores...

That's it. Happy Days are here again... So sayeth the mass media machine and so many others touting the "end of the downturn". Well, this week, James Howard Kunstler explains why "the worst is over", could be the four most dangerous words in the English language. Read on...

"I was not going to be the Federal Reserve chairman who presided over the second Great Depression," declared Federal Reserve Chairman Ben Bernanke this past Sunday. Well, he sure had me fooled.

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