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Consumers are still buying everything at a healthy pace, but the declining value of the dollar is worrisome because if foretells higher prices for imports. ...more
September 25, 2007
The observation of former Federal Reserve Chairman Alan Greenspan that oil was a big reason for invading Iraq is causing war opponents to say, 'A-ha! It was blood for oil.' ...more
September 20, 2007
Former Federal Reserve Chairman Alan Greenspan acknowledges he failed to see early on that an explosion of mortgages to people with questionable credit histories could pose a danger to the economy. ...more
September 14, 2007
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