public services

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  These Economic Gurus Are Hopping Mad Over Obama’s Victory

  By John Sullivan, AdvisorOne  |  November 8, 2012

  Marc Faber, Peter Schiff and Charles Biderman slam Obama, while Nouriel Roubini lauds "a major defeat of Tea Party freaks."

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  It’s the ‘Warped’ Financial System, Stupid: Hussman

  By Gil Weinreich, AdvisorOne  |  June 11, 2012

  “The financial system has been transformed into a self-serving, grotesque casino” that encourages speculation and refuses to restructure bad debt, the portfolio manager John Hussman says.

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  Britain’s Cameron Promises to ‘Tackle’ Level of Finance Pay

  By Marlene Y. Satter, AdvisorOne  |  January 2, 2012

  In his New Year speech, British Prime Minister David Cameron sought to offer encouragement to those having a difficult time getting by, and warned those who apparently were getting by too well in the financial industry that he would “tackle excess in the City.”

• Deferred Liability

  By Alexei Bayer  |  September 1, 2011

  American national debt held steady, in the $2-3 trillion range, for three decades until the early 1980s. It began to rise rapidly at that point, dipping briefly when it reached the $7 trillion mark in the late 1990s and then taking off in earnest after 2000.