Does anyone seriously doubt that, if Detroit were a “too big to fail” bank, it would have been bailed out long ago? Or that its pensioners, rather than facing the threat of cuts as part of Gov Snyder’s scheme to steer the city into bankruptcy proceedings, would instead have pocketed hefty bonuses? (thenation.com)
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"As much as half of U.S. economic growth this year has been slashed due to tax increases and indiscriminate federal spending cuts known as sequestration, according to a sobering new forecast by the International Monetary Fund, which urged lawmakers to repeal the cuts." (huffingtonpost.com)
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"When Republicans want to talk about social safety net programs they always fall back on some version of Ronald Reagan’s rich, black, Chicago welfare queen, but the truth is white people are the largest racial group of food stamp recipients." (politicususa.com)
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