WASHINGTON — Greece’s economy is expected to exit recession only by 2014, the International Monetary Fund said Thursday after announcing a new bailout loan for the heavily indebted country. The IMF projected the Greek economy would shrink about 4.8 percent this year, followed by zero growth in 2013 and a…
Watch the video for Digby's thoughts on the process of right wingers dehumanizing Occupy Wall Street with an eye towards rationalizing the crushing of dissent with violence. I want to agree with what she says here and add another thought: dehumanizing the protesters is part of a larger process of…
US President Barack Obama announced on Saturday the awarding of nearly two billion dollars to two solar energy companies that have agreed to build new power plants in the United States, creating thousands of new jobs. “We’re going to keep fighting to advance our recovery,” Obama said in his weekly…
We should really follow Ireland’s economic example and get us an economic recession, contracting economy and structural budget deficits. If you’re wondering why the first article, by Steve Forbes, seems to look a lot like the article disproving what Steve Forbes said, it’s because both were published on the website…