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Los Angeles Accused of Criminalizing Homelessness

A rising tide of social misery

Hit hardest by the jobs crisis

Health insurance and health care in France

Deficits saved the world - Paul Krugman Blog

news snips:

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OBAMA'S ENDLESS WAR:
Troops Killed in Iraq: 4326
Troops Killed in Afghanistan: 732
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Ousted GM head gets $10 million retirement package
Former General Motors CEO and Chairman Rick Wagoner, whom the Obama administration forced into retirement in March, will be awarded a retirement package valued at over $10 million.
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Big broadcaster Sinclair in dire straits:
Baltimore-based Sinclair Broadcast Group Inc., which is controlled by David Smith and his family and operates 58 television stations, said if it can't restructure its heavy debt load it will have to file for bankruptcy. The company, which has about $1.3 billion in debt, is trying to negotiate terms on notes of $500 million that are coming due in the next 18 months.
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Andy Borowitz:

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AIG Bonus Recipients Upbeat About Economy

In a sign that the economic stimulus may be beginning to work, AIG executives who have received multimillion-dollar bonuses in recent days now say they are upbeat about the national economy.
"I was definitely feeling negative about the economy last year, when I lost the company billions of dollars and all," says Josh Harbock, an AIG executive who just cashed a seven-figure bonus check. "But now I'm starting to feel like things are beginning to turn a corner."
Mr. Harbock says that his consumer confidence has also taken a positive turn since receiving his bonus check, which totaled $5.4 million.
"I was tightening my belt the last few months, but now I think I'm going to buy a house in the Hamptons," he says.
But even though Mr. Harbock believes that the stimulus package has succeeded in sparking the economy, he feels that a second stimulus may be needed.
"Let's face it, my bonus check is not going to last forever," he says. "And frankly, I'd like to buy a boat."
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