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more austerity isn’t going to convince the bond markets that Italy is just fine, let alone cut interest rates sufficiently to make contractionary policies expansionary. In fact, austerity — at least if not accompanied by major policy changes in Frankfurt — is probably self-defeating, because it will hurt the Italian economy more than it helps… Continue reading Untitled

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owsposters: TIME’s 2011 “Person of the Year”: The Protestor  Copyright All Rights Reserved

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More than 80 percent of giving to Super PACs so far has come from just 58 donors, according to the Center for Responsive Politics analysis of the latest data, which covers the first half of 2011. The Republican groups have raised $17.6 million and the Democratic groups $7.6 million. Those numbers will balloon, with American… Continue reading Untitled

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(via Robot in the Running – Pundit Kitchen: Lol News and Lol Sarah Palin, Barack Obama, John McCain, Joe Biden and more)

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Fake “skeptics” like to claim that mainstream climate scientists ignore everything but greenhouse gases like CO2, when in fact it’s mainstream climate scientists who identified those other influences. Natural factors cause temperature fluctuations which make the man-made global warming signal less clear, fluctuations which are often exploited by fake skeptics to suggest that global warming… Continue reading Untitled