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Trade Deficit Narrows, Bernanke's Plan Working?
Friday, December 9, 2011 - 11:33am | 461Read More...On Friday, US trade deficit data for the month of October came in lower than anticipated. The balance of trade printed at negative $43.5B, less than the $43.9B that was expected. This may lend credence to the possibility that the Federal Reserve's plan is working: that is, a weakening of the US...
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Should China Be Labeled a Currency Manipulator?
Monday, October 3, 2011 - 2:39pm | 791Read More...Recently there has been a lot of talk about China being potentially labeled a currency manipulator. The claims are that China has artificially suppressed its currency over the years, making its goods cheaper, adding to millions of jobs in the country, while taking jobs away from America. The...
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Bitcoin: The Ultimate Free Market Currency
Monday, June 13, 2011 - 5:39pm | 424Read More...Senators Charles Schumer of New York and Joe Manchin of West Virginia have requested that the Drug Enforcement Agency investigates the website Silk Road, according to CNet. Silk Road is a website designed to be accessed anonymously and to facilitate the transaction of illegal drugs. To ensure...
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Newt Gingrich Manages to Out-Gaffe Sarah Palin
Wednesday, May 18, 2011 - 1:03pm | 273Read More...Open mouth, insert $1500 wing-tipped foot. Newt Gingrich, the former-Congressman currently seeking the Republican nomination for president in 2012, made his first major gaffe of the campaign season when he said he opposed popular Representative Paul Ryan's budget plan. “I don't think right-wing...
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FDA Going To Ban Four Loko
Tuesday, November 16, 2010 - 4:37pm | 81Read More...According to Sen Charles Schumer, D-NY, the FDA is going to rule that caffeine isn't safe in alcoholic beverages. This would make drinks like Four Loko and Joose prohibited for sale. Four Loko has come under the subject of much scrutiny, as students across the country at college campuses are binge...
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Stuy Town: The Final Chapter?
Friday, June 25, 2010 - 6:00am | 779Read More...A US District Judge has ruled that a group of lenders can foreclose on Peter Cooper Village and Stuyvesant Town (from now on collectively referred to as Stuy Town). There are quite a few interesting substories to this latest chapter in one of the largest (and worst) real estate...
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Senator Stands Firm Against Airline Fees
Monday, April 12, 2010 - 12:07pm | 112Read More...Finally, someone is taking a stand against ridiculous airline fees. Senator Charles Schumer of New York is taking a stand against airlines charging fees for carry-on luggage. Schumer will request the Treasury Department to prohibit airlines from continuing to charge outrageous fees for taking...
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Democrat Senator Gets A Tad Too Liberal With The Girls
Thursday, December 17, 2009 - 2:59pm | 129Read More...Liberal Democrat Senator, Charles E. Schumer, is now on the receiving end of widespread criticism, particularly of the Republican kind, following his insulting a flight attendant last weekend. Like most male defenders of female rights, Senator Schumer found out on a weekend flight that it was far...
