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	<title>Centerblue.org &#187; Economy/Economics</title>
	<atom:link href="http://centerblue.org/category/economy-economics/feed/" rel="self" type="application/rss+xml" />
	<link>http://centerblue.org</link>
	<description>Center-left commentary for a world in trouble</description>
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		<item>
		<title>The Obama Code</title>
		<link>http://centerblue.org/471/the-obama-code/</link>
		<comments>http://centerblue.org/471/the-obama-code/#comments</comments>
		<pubDate>Tue, 24 Feb 2009 18:51:25 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
				<category><![CDATA[Civil Liberties]]></category>
		<category><![CDATA[Current Events]]></category>
		<category><![CDATA[Economy/Economics]]></category>
		<category><![CDATA[Ethics]]></category>
		<category><![CDATA[conservatism]]></category>
		<category><![CDATA[obama]]></category>
		<category><![CDATA[progressivism]]></category>

		<guid isPermaLink="false">http://centerblue.org/?p=471</guid>
		<description><![CDATA[This is probably the best, most intellectual article on politics I have read in years. It not only goes into Obama&#8217;s values and agenda, but also defines the core moral value differences between progressives and conservatives&#8211;and why the latter feel so threatened by the current economic crisis. &#8212;&#8212;&#8212;&#8212;&#8212;&#8212; The Obama Code By George Lakoff Berkeley, [...]]]></description>
		<wfw:commentRss>http://centerblue.org/471/the-obama-code/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>The Crisis of Credit</title>
		<link>http://centerblue.org/468/the-crisis-of-credit/</link>
		<comments>http://centerblue.org/468/the-crisis-of-credit/#comments</comments>
		<pubDate>Mon, 23 Feb 2009 22:42:06 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
				<category><![CDATA[Economy/Economics]]></category>
		<category><![CDATA[economic crisis]]></category>

		<guid isPermaLink="false">http://centerblue.org/?p=468</guid>
		<description><![CDATA[Want to better understand the economic crisis that is engulfing the world? Watch this very amusing 11 minute video that very simply and effectively explains why we&#8217;re all in the hole we&#8217;re in. The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.]]></description>
		<wfw:commentRss>http://centerblue.org/468/the-crisis-of-credit/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Want recovery? Nationalize the banks, stop the foreclosures</title>
		<link>http://centerblue.org/463/want-recovery-nationalize-the-banks-stop-the-foreclosures/</link>
		<comments>http://centerblue.org/463/want-recovery-nationalize-the-banks-stop-the-foreclosures/#comments</comments>
		<pubDate>Fri, 20 Feb 2009 16:24:07 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
				<category><![CDATA[Current Events]]></category>
		<category><![CDATA[Economy/Economics]]></category>
		<category><![CDATA[economic crisis]]></category>
		<category><![CDATA[foreclosure]]></category>
		<category><![CDATA[insolvent banks]]></category>
		<category><![CDATA[obama]]></category>

		<guid isPermaLink="false">http://centerblue.org/?p=463</guid>
		<description><![CDATA[Obama&#8217;s stimulus plan is ambitious, but it won&#8217;t be enough to get us out of the economic cesspool we&#8217;re in. It only addresses one of three areas of concern that absolutely have to be addressed in order for the economy to recover: 1) Nationalize the banks. Heaven forbid Americans should talk about nationalization! But the [...]]]></description>
		<wfw:commentRss>http://centerblue.org/463/want-recovery-nationalize-the-banks-stop-the-foreclosures/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>A Response to Republican Economic Ignorance</title>
		<link>http://centerblue.org/460/a-response-to-republican-economic-ignorance/</link>
		<comments>http://centerblue.org/460/a-response-to-republican-economic-ignorance/#comments</comments>
		<pubDate>Sun, 08 Feb 2009 17:05:47 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
				<category><![CDATA[Economy/Economics]]></category>
		<category><![CDATA[obama stimulus plan]]></category>

		<guid isPermaLink="false">http://centerblue.org/?p=460</guid>
		<description><![CDATA[Steven Pearlstein&#8217;s recent searing criticism of ignorant Republicans (and a few Democrats) debating the stimulus bill is so good that it can only be posted in its entirety: &#8212;&#8212;&#8212;&#8212;&#8211; Wanted: Personal Economic Trainers. Apply at Capitol. By Steven Pearlstein Friday, February 6, 2009; D01 As long as we&#8217;re about to spend gazillions to stimulate the [...]]]></description>
		<wfw:commentRss>http://centerblue.org/460/a-response-to-republican-economic-ignorance/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Everyone wants to know about economics</title>
		<link>http://centerblue.org/391/everyone-wants-to-know-about-economics/</link>
		<comments>http://centerblue.org/391/everyone-wants-to-know-about-economics/#comments</comments>
		<pubDate>Thu, 02 Oct 2008 16:16:05 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
				<category><![CDATA[Economy/Economics]]></category>
		<category><![CDATA[economic crisis]]></category>

		<guid isPermaLink="false">http://centerblue.org/?p=391</guid>
		<description><![CDATA[Crooks &#038; Liars rather deridingly posts that now everyone is an economist, posting on previously inscrutable topics like &#8220;mortgage-backed securities&#8221; and &#8220;credit default swaps.&#8221; I don&#8217;t think that&#8217;s a bad thing at all. I think it&#8217;s GREAT. There has been a poison spreading secretly in our economy for years, false growth fueled by speculation and [...]]]></description>
		<wfw:commentRss>http://centerblue.org/391/everyone-wants-to-know-about-economics/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Ten things that could happen if we do nothing about the economic crisis</title>
		<link>http://centerblue.org/388/ten-things-that-could-happen-if-we-do-nothing-about-the-economic-crisis/</link>
		<comments>http://centerblue.org/388/ten-things-that-could-happen-if-we-do-nothing-about-the-economic-crisis/#comments</comments>
		<pubDate>Wed, 01 Oct 2008 15:50:12 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
				<category><![CDATA[Economy/Economics]]></category>
		<category><![CDATA[economic crisis]]></category>

		<guid isPermaLink="false">http://centerblue.org/?p=388</guid>
		<description><![CDATA[Time has an interesting article on why people don&#8217;t support the bailout. Apart from being viewed as a bailout to rich people and corporations who don&#8217;t deserve it (which is true), it&#8217;s also that people do not specifically understand the risks associated with failure to act. It&#8217;s like climate change&#8211;the risks are too amorphous, fuzzy, [...]]]></description>
		<wfw:commentRss>http://centerblue.org/388/ten-things-that-could-happen-if-we-do-nothing-about-the-economic-crisis/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Congress Fiddles While America Burns</title>
		<link>http://centerblue.org/387/congress-fiddles-while-america-burns/</link>
		<comments>http://centerblue.org/387/congress-fiddles-while-america-burns/#comments</comments>
		<pubDate>Mon, 29 Sep 2008 19:39:22 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
				<category><![CDATA[Economy/Economics]]></category>
		<category><![CDATA[economic crisis]]></category>

		<guid isPermaLink="false">http://centerblue.org/?p=387</guid>
		<description><![CDATA[With the emergency economic bailout plan going down in flames in Congress, and with financial institutions continuing to fail at an alarming rate (Wachovia being sold for $1 a share to Citigroup today)&#8211;I genuinely fear for the future of our nation. That&#8217;s not because I thought the plan was particularly good&#8211;I agree with Boehner that [...]]]></description>
		<wfw:commentRss>http://centerblue.org/387/congress-fiddles-while-america-burns/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Dems share some blame in economic meltdown</title>
		<link>http://centerblue.org/385/dems-share-some-blame-in-economic-meltdown/</link>
		<comments>http://centerblue.org/385/dems-share-some-blame-in-economic-meltdown/#comments</comments>
		<pubDate>Thu, 25 Sep 2008 19:18:21 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
				<category><![CDATA[Economy/Economics]]></category>
		<category><![CDATA[democrats]]></category>
		<category><![CDATA[economic crisis]]></category>
		<category><![CDATA[fannie mae]]></category>
		<category><![CDATA[freddie mac]]></category>

		<guid isPermaLink="false">http://centerblue.org/?p=385</guid>
		<description><![CDATA[While I generally agree that it is the anti-regulatory environment pushed by Republicans for the last decade that is primarily responsible for the current crisis, there is one area where that is not the case: Freddie Mac and Fannie Mae. Democrats, led by Barney Frank and Chuck Schumer, have consistently shielded these entities from further [...]]]></description>
		<wfw:commentRss>http://centerblue.org/385/dems-share-some-blame-in-economic-meltdown/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hypocrisy Already Emerging In Bailout Plan</title>
		<link>http://centerblue.org/384/hypocrisy-already-emerging-in-bailout-plan/</link>
		<comments>http://centerblue.org/384/hypocrisy-already-emerging-in-bailout-plan/#comments</comments>
		<pubDate>Tue, 23 Sep 2008 14:37:02 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
				<category><![CDATA[Economy/Economics]]></category>
		<category><![CDATA[democrats]]></category>
		<category><![CDATA[economic crisis]]></category>
		<category><![CDATA[paulson]]></category>

		<guid isPermaLink="false">http://centerblue.org/?p=384</guid>
		<description><![CDATA[I&#8217;m seething. Democrats are proposing common sense additions to the mega-bailout being asked for under threat of Armageddon according to Paulson. They&#8217;re asking that executive compensation be limited (I believe to $400,000 if I remember correctly) for banks participating in the bailout, and that taxpayers be given the opportunity to purchase ownership shares in companies [...]]]></description>
		<wfw:commentRss>http://centerblue.org/384/hypocrisy-already-emerging-in-bailout-plan/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>One Trillion Dollars</title>
		<link>http://centerblue.org/382/one-trillion-dollars/</link>
		<comments>http://centerblue.org/382/one-trillion-dollars/#comments</comments>
		<pubDate>Fri, 19 Sep 2008 17:07:11 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
				<category><![CDATA[Economy/Economics]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[republicans]]></category>

		<guid isPermaLink="false">http://centerblue.org/?p=382</guid>
		<description><![CDATA[One Trillion Dollars. That&#8217;s how much the government&#8217;s plan to fix the financial crisis is going to cost. One Trillion Dollars. An unimaginably large sum of money very roughly equivalent to the real cost of the Iraq war. One that is not news, as I said recently. I&#8217;m glad the government is being up front [...]]]></description>
		<wfw:commentRss>http://centerblue.org/382/one-trillion-dollars/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Wall Street Meltdown Reveals Conservative Hypocrisy</title>
		<link>http://centerblue.org/374/wall-street-meltdown-reveals-conservative-hypocrisy/</link>
		<comments>http://centerblue.org/374/wall-street-meltdown-reveals-conservative-hypocrisy/#comments</comments>
		<pubDate>Mon, 15 Sep 2008 14:08:33 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
				<category><![CDATA[Economy/Economics]]></category>
		<category><![CDATA[conservatism]]></category>
		<category><![CDATA[wall-street]]></category>

		<guid isPermaLink="false">http://centerblue.org/?p=374</guid>
		<description><![CDATA[Wall Street is having a full-on meltdown, the kind you see once in a hundred years. Merrill Lynch has been sold, Lehman Brothers has filed for one of the biggest bankruptcies in history. AIG is next, and other banks from Wachovia on down are having very serious problems. The Feds had to step in and [...]]]></description>
		<wfw:commentRss>http://centerblue.org/374/wall-street-meltdown-reveals-conservative-hypocrisy/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>US insolvency or depression: take your pick for fixing Fannie/Freddie</title>
		<link>http://centerblue.org/363/us-insolvency-or-depression-take-your-pick-for-fixing-fanniefreddie/</link>
		<comments>http://centerblue.org/363/us-insolvency-or-depression-take-your-pick-for-fixing-fanniefreddie/#comments</comments>
		<pubDate>Mon, 14 Jul 2008 19:59:07 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
				<category><![CDATA[Economy/Economics]]></category>
		<category><![CDATA[fannie mae]]></category>
		<category><![CDATA[freddie mac]]></category>
		<category><![CDATA[housing-market]]></category>

		<guid isPermaLink="false">http://centerblue.org/?p=363</guid>
		<description><![CDATA[I honestly believe that if the average US voter understood the danger that Fannie Mae and Freddie Mac pose to our credit-hobbled economy there would be some serious blood on the streets in light of what&#8217;s going on with these two companies right now. We face the specter of either an economic depression or financial [...]]]></description>
		<wfw:commentRss>http://centerblue.org/363/us-insolvency-or-depression-take-your-pick-for-fixing-fanniefreddie/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Obama vs. McCain on energy and climate change</title>
		<link>http://centerblue.org/362/obama-vs-mccain-on-energy-and-climate-change/</link>
		<comments>http://centerblue.org/362/obama-vs-mccain-on-energy-and-climate-change/#comments</comments>
		<pubDate>Thu, 26 Jun 2008 15:49:49 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
				<category><![CDATA[Economy/Economics]]></category>
		<category><![CDATA[Energy]]></category>
		<category><![CDATA[Environment]]></category>
		<category><![CDATA[2008-election]]></category>
		<category><![CDATA[global-warming]]></category>
		<category><![CDATA[mccain]]></category>
		<category><![CDATA[obama]]></category>
		<category><![CDATA[renewable-energy]]></category>

		<guid isPermaLink="false">http://centerblue.org/?p=362</guid>
		<description><![CDATA[I decided to evaluate Obama&#8217;s and McCain&#8217;s proposals for confronting the twin crises of energy scarcity/dependence and climate change. I developed the following grid, based on information provided by the two candidates on their respective web pages devoted to these issues (you can see Obama&#8217;s page here, and McCain&#8217;s pages here and here.) (The government [...]]]></description>
		<wfw:commentRss>http://centerblue.org/362/obama-vs-mccain-on-energy-and-climate-change/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Markets crashing</title>
		<link>http://centerblue.org/336/markets-crashing/</link>
		<comments>http://centerblue.org/336/markets-crashing/#comments</comments>
		<pubDate>Tue, 22 Jan 2008 00:53:11 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
				<category><![CDATA[Economy/Economics]]></category>
		<category><![CDATA[dow-jones-industrial-average]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[stock-market]]></category>

		<guid isPermaLink="false">http://centerblue.org/2008/01/21/markets-crashing/</guid>
		<description><![CDATA[US markets were closed today, but in overnight futures trading the Dow Jones Industrial Average is down 528 points. That comes on the heels of markets world-wide falling hard. It is going to be a very ugly day tomorrow. The economic chickens are finally coming home to roost.]]></description>
		<wfw:commentRss>http://centerblue.org/336/markets-crashing/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Bush to OPEC: &#8220;More oil, pretty please??&#8221;</title>
		<link>http://centerblue.org/334/bush-to-opec-more-oil-pretty-please/</link>
		<comments>http://centerblue.org/334/bush-to-opec-more-oil-pretty-please/#comments</comments>
		<pubDate>Tue, 15 Jan 2008 19:51:22 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
				<category><![CDATA[Economy/Economics]]></category>
		<category><![CDATA[Energy]]></category>
		<category><![CDATA[bush]]></category>
		<category><![CDATA[oil]]></category>
		<category><![CDATA[opec]]></category>
		<category><![CDATA[petroleum]]></category>
		<category><![CDATA[saudi-arabia]]></category>

		<guid isPermaLink="false">http://centerblue.org/2008/01/15/bush-to-opec-more-oil-pretty-please/</guid>
		<description><![CDATA[So this is is what our oil addiction has come down to&#8211;the leader of the free world figuratively getting on his knees and begging for more oil from OPEC and the Saudis. Said Bush: &#8220;When [US] consumers have less purchasing power, it could cause the economy to slow down. I hope OPEC nations put more [...]]]></description>
		<wfw:commentRss>http://centerblue.org/334/bush-to-opec-more-oil-pretty-please/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Foreclosure fix a bad idea</title>
		<link>http://centerblue.org/331/foreclosure-fix-a-bad-idea/</link>
		<comments>http://centerblue.org/331/foreclosure-fix-a-bad-idea/#comments</comments>
		<pubDate>Fri, 07 Dec 2007 17:12:57 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
				<category><![CDATA[Economy/Economics]]></category>
		<category><![CDATA[bush]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[foreclosure]]></category>
		<category><![CDATA[moral-hazard]]></category>
		<category><![CDATA[mortgages]]></category>

		<guid isPermaLink="false">http://centerblue.org/2007/12/07/foreclosure-fix-a-bad-idea/</guid>
		<description><![CDATA[Am I the only liberal out there who thinks the various foreclosure fixes being thrown around in Washington are a really bad idea? Yesterday Bush announced an agreement with the banking industry that would freeze the teaser rates on adjustable rate mortgages given out in the last couple of years to subprime borrowers. The freeze [...]]]></description>
		<wfw:commentRss>http://centerblue.org/331/foreclosure-fix-a-bad-idea/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Sharks are coming for Wall Street</title>
		<link>http://centerblue.org/316/sharks-are-coming-for-wall-street/</link>
		<comments>http://centerblue.org/316/sharks-are-coming-for-wall-street/#comments</comments>
		<pubDate>Fri, 07 Sep 2007 19:19:07 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
				<category><![CDATA[Economy/Economics]]></category>
		<category><![CDATA[credit-crunch]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[housing-bubble]]></category>

		<guid isPermaLink="false">http://centerblue.org/2007/09/07/sharks-are-coming-for-wall-street/</guid>
		<description><![CDATA[The carnage is starting in the wake of the credit crunch and subprime fiasco. For years, Wall Street hedge fund traders and their ilk have been reaping unimaginable amounts of money&#8211;mostly, as it turns out, by selling toxic mortgages and bonds to each other disguised by a AAA rating from Moody&#8217;s and S&#038;P. Now those [...]]]></description>
		<wfw:commentRss>http://centerblue.org/316/sharks-are-coming-for-wall-street/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>It&#8217;s official: housing is a &#8220;bust&#8221;</title>
		<link>http://centerblue.org/315/its-official-housing-is-a-bust/</link>
		<comments>http://centerblue.org/315/its-official-housing-is-a-bust/#comments</comments>
		<pubDate>Thu, 26 Jul 2007 18:34:18 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
				<category><![CDATA[Economy/Economics]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[hedge-funds]]></category>
		<category><![CDATA[housing-bubble]]></category>
		<category><![CDATA[mortgages]]></category>

		<guid isPermaLink="false">http://centerblue.org/2007/07/26/its-official-housing-is-a-bust/</guid>
		<description><![CDATA[With new home sales literally falling off a cliff this month, coming in at a 6.6% monthly drop (much higher than expected and 22% lower than this time last year), economists are finally saying what has been obvious to anyone with half a brain: housing is officially a bust, and a nasty one at that. [...]]]></description>
		<wfw:commentRss>http://centerblue.org/315/its-official-housing-is-a-bust/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
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