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Richard Wolfe

  • Actually, it’s the system, President Obama

    Global capitalism’s deterioration is fast outrunning the disorganized, uncoordinated patchwork of too-little-too-late government “programs.” Nothing illustrates this sorry spectacle better than the twists and turns of U.S. monetary policy to be executed by the Federal Reserve, and Congress’s just-passed “stimulus” program, about to be enacted by the Obama administration.

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