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An imbalance between rich and poor is the oldest and most fatal ailment of all republics.
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QE3 Another Fed Give Away to the Banks [New]

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Michael Hudson, interviewed by Paul Jay for the Real News, argues that the Fed’s QE3 is shoveling money to the banks not meant to create jobs, but a way to give banks even more speculative capital and prepare them for another meltdown:

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BlahEhMmmmInterestingFantabulous!
 

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