Another 'Whitewash' for Wall Street

The Fed and Job Creation
http://www.lewrockwell.com/paul/paul719.html

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Happy Days Are Here Again as Long as You Ignore the Jobs Crisis

Imara Jones, ColorLines: "If Tina Turner was to reprise her 1980's hit in 2011, it would surely be called, 'What's jobs got to do with it?' Unemployment and underemployment remain dangerously high, at around 17 percent, but you wouldn't know it listening to the optimism ringing out from Wall Street to Washington last week. The New York Stock Exchange flirted with 12,000, a level not seen since 2008, everyone celebrated economic growth data, and the annual gathering of global finance and business leaders at the World Economic Forum in Davos, Switzerland, was dominated by declarations of an American rebound. A fundamental disconnect between the finance economy and the real one couldn't be more apparent."

http://www.truth-out.org/happy-days-are-here-again-as-long-as-you-ignore-jobs-crisis67313

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Another "Whitewash" for Wall Street

By Mike Whitney

The banks can continue to deceive shareholders and investors just like before, and anyone who opposes them, like ex-FASB Chairman Robert Herz, will get the boot. This is a system that no longer has the capacity for course-correction, which is why another crisis cannot be far off.

http://www.informationclearinghouse.info/article27388.htm



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http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=unemploy
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http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Imara+Jones
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Mike+Whitney
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