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Government

Bernanke nominated for second term

Ben Bernanke has been nominated by President Barack Obama for a second term as the head of the Federal Reserve after showing great “calm and

August 25, 2009 Economics, Government

Obama’s public health insurance might not push through

President Obama has been bent on providing public healthy insurance. While this is probably something all Americans dream of having, the proposal has hit quite

August 16, 2009 Government, Insurance

Bailouts to cost more

Of the companies bailed out by the government, mortgage giants Fannie Mae and Freddie Mac are the most likely to be the most expensive ones

July 22, 2009 Government

Pennsylvania freezes July pay

Pennsylvania is trying to resolve a 17-day-old budget impasse. This, in turn affects 69,000 state employees whose pay from July 1 onward are put on

July 19, 2009 Featured, Government

AIG preparing bonuses for top executives

One can say that some people just have no shame. No one wants to hear anyone receiving millions while every other tax payer's job is

July 09, 2009 Featured, Government, Recession
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