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<channel>
	<title>Bits &#38; Pieces &#187; economy</title>
	<atom:link href="http://freer.com/bits/tag/economy/feed/" rel="self" type="application/rss+xml" />
	<link>http://freer.com/bits</link>
	<description>The TSA top 10 catches include snakes, turtles and birds (but NO terrorists)</description>
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		<item>
		<title>The end of Wall Street?</title>
		<link>http://freer.com/bits/2012/02/06/the-end-of-wall-street/</link>
		<comments>http://freer.com/bits/2012/02/06/the-end-of-wall-street/#comments</comments>
		<pubDate>Tue, 07 Feb 2012 00:00:29 +0000</pubDate>
		<dc:creator>Brant</dc:creator>
				<category><![CDATA[biz]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[Dodd-Frank]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://freer.com/bits/?p=17005</guid>
		<description><![CDATA[Well, we can hope. But there does seem to be a fundamental change going on. The full article is a must read. The crash four years ago was shocking enough to the financial class. But what is happening on Wall &#8230; <a href="http://freer.com/bits/2012/02/06/the-end-of-wall-street/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Political quote of the day</title>
		<link>http://freer.com/bits/2012/02/06/political-quote-of-the-day-162/</link>
		<comments>http://freer.com/bits/2012/02/06/political-quote-of-the-day-162/#comments</comments>
		<pubDate>Mon, 06 Feb 2012 23:38:29 +0000</pubDate>
		<dc:creator>Brant</dc:creator>
				<category><![CDATA[politics]]></category>
		<category><![CDATA[Chrysler]]></category>
		<category><![CDATA[Clint Eastwood]]></category>
		<category><![CDATA[Detroit]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Karl Rove]]></category>
		<category><![CDATA[republicans]]></category>
		<category><![CDATA[Super Bowl]]></category>

		<guid isPermaLink="false">http://freer.com/bits/?p=16996</guid>
		<description><![CDATA[I was, frankly, offended by it. I’m a huge fan of Clint Eastwood, I thought it was an extremely well-done ad, but it is a sign of what happens when you have Chicago-style politics, and the President of the United &#8230; <a href="http://freer.com/bits/2012/02/06/political-quote-of-the-day-162/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Globalization quote of the day</title>
		<link>http://freer.com/bits/2012/02/05/globalization-quote-of-the-day/</link>
		<comments>http://freer.com/bits/2012/02/05/globalization-quote-of-the-day/#comments</comments>
		<pubDate>Sun, 05 Feb 2012 16:10:16 +0000</pubDate>
		<dc:creator>Brant</dc:creator>
				<category><![CDATA[biz]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[globalization]]></category>
		<category><![CDATA[Paul Krugman]]></category>

		<guid isPermaLink="false">http://freer.com/bits/?p=16976</guid>
		<description><![CDATA[Such moral outrage is common among the opponents of globalization — of the transfer of technology and capital from high-wage to low-wage countries and the resulting growth of labor-intensive Third World exports. These critics take it as a given that &#8230; <a href="http://freer.com/bits/2012/02/05/globalization-quote-of-the-day/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Punk economics</title>
		<link>http://freer.com/bits/2012/02/05/punk-economics/</link>
		<comments>http://freer.com/bits/2012/02/05/punk-economics/#comments</comments>
		<pubDate>Sun, 05 Feb 2012 15:44:02 +0000</pubDate>
		<dc:creator>Brant</dc:creator>
				<category><![CDATA[politics]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[David McWilliams]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[France]]></category>
		<category><![CDATA[Germany]]></category>
		<category><![CDATA[sovereign debt]]></category>

		<guid isPermaLink="false">http://freer.com/bits/?p=16972</guid>
		<description><![CDATA[The truth about events in Europe from David McWilliams of Punk Economics. Europe&#8217;s economy is increasingly run for the benefit of banks, with strong support from France and Germany, countries whose banks have large exposure to European sovereign debt. (via &#8230; <a href="http://freer.com/bits/2012/02/05/punk-economics/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Good news for Obama</title>
		<link>http://freer.com/bits/2012/02/03/good-news-for-obama/</link>
		<comments>http://freer.com/bits/2012/02/03/good-news-for-obama/#comments</comments>
		<pubDate>Fri, 03 Feb 2012 13:44:33 +0000</pubDate>
		<dc:creator>Brant</dc:creator>
				<category><![CDATA[biz]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[jobs]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[unemployment]]></category>

		<guid isPermaLink="false">http://freer.com/bits/?p=16941</guid>
		<description><![CDATA[US payrolls are up by 243,000 in January (vs. expected 150,000) and the jobless rate has dropped to 8.3% in January, the lowest level since February, 2009.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Krugman on low cost labor</title>
		<link>http://freer.com/bits/2012/01/30/krugman-on-low-cost-labor/</link>
		<comments>http://freer.com/bits/2012/01/30/krugman-on-low-cost-labor/#comments</comments>
		<pubDate>Mon, 30 Jan 2012 18:31:23 +0000</pubDate>
		<dc:creator>Brant</dc:creator>
				<category><![CDATA[biz]]></category>
		<category><![CDATA[tech]]></category>
		<category><![CDATA[cheap labor]]></category>
		<category><![CDATA[developing countries]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[fairness]]></category>
		<category><![CDATA[Paul Krugman]]></category>

		<guid isPermaLink="false">http://freer.com/bits/?p=16878</guid>
		<description><![CDATA[First of all, even if we could assure the workers in Third World export industries of higher wages and better working conditions, this would do nothing for the peasants, day laborers, scavengers, and so on who make up the bulk &#8230; <a href="http://freer.com/bits/2012/01/30/krugman-on-low-cost-labor/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Better late than never</title>
		<link>http://freer.com/bits/2012/01/30/better-late-than-never/</link>
		<comments>http://freer.com/bits/2012/01/30/better-late-than-never/#comments</comments>
		<pubDate>Mon, 30 Jan 2012 11:49:51 +0000</pubDate>
		<dc:creator>Brant</dc:creator>
				<category><![CDATA[biz]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[austerity]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[European Union]]></category>
		<category><![CDATA[Greece]]></category>
		<category><![CDATA[growth]]></category>
		<category><![CDATA[Italy]]></category>

		<guid isPermaLink="false">http://freer.com/bits/?p=16869</guid>
		<description><![CDATA[Finally. Bowing to mounting evidence that austerity alone cannot solve the debt crisis, European leaders are expected to conclude this week that what the debt-laden, sclerotic countries of the Continent need is a dose of economic growth. A draft of &#8230; <a href="http://freer.com/bits/2012/01/30/better-late-than-never/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>1929-style income inequality</title>
		<link>http://freer.com/bits/2012/01/26/1929-style-income-inequality/</link>
		<comments>http://freer.com/bits/2012/01/26/1929-style-income-inequality/#comments</comments>
		<pubDate>Thu, 26 Jan 2012 14:03:49 +0000</pubDate>
		<dc:creator>Brant</dc:creator>
				<category><![CDATA[biz]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[1%]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[income inequality]]></category>
		<category><![CDATA[Nouriel Roubini]]></category>

		<guid isPermaLink="false">http://freer.com/bits/?p=16813</guid>
		<description><![CDATA[Nouriel Roubini argues that the United States faces massive income inequality which seriously threatens and already fragile economy. This reduces aggregate demand in the economy which holds down growth and employment. Related articles 5 Republican Lies About Income Inequality (alternet.org) &#8230; <a href="http://freer.com/bits/2012/01/26/1929-style-income-inequality/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Sullivan pushes back against the right</title>
		<link>http://freer.com/bits/2012/01/17/sullivan-pushes-back-against-the-right/</link>
		<comments>http://freer.com/bits/2012/01/17/sullivan-pushes-back-against-the-right/#comments</comments>
		<pubDate>Tue, 17 Jan 2012 12:03:40 +0000</pubDate>
		<dc:creator>Brant</dc:creator>
				<category><![CDATA[politics]]></category>
		<category><![CDATA[Andrew Sullivan]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[republicans]]></category>

		<guid isPermaLink="false">http://freer.com/bits/?p=16635</guid>
		<description><![CDATA[]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Economics quotes of the day</title>
		<link>http://freer.com/bits/2011/12/10/economics-quotes-of-the-day/</link>
		<comments>http://freer.com/bits/2011/12/10/economics-quotes-of-the-day/#comments</comments>
		<pubDate>Sat, 10 Dec 2011 23:59:01 +0000</pubDate>
		<dc:creator>Brant</dc:creator>
				<category><![CDATA[politics]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[John Adams]]></category>
		<category><![CDATA[Thomas Jefferson]]></category>
		<category><![CDATA[Wall Street]]></category>
		<category><![CDATA[Warren Buffett]]></category>

		<guid isPermaLink="false">http://freer.com/bits/?p=15990</guid>
		<description><![CDATA[I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that &#8230; <a href="http://freer.com/bits/2011/12/10/economics-quotes-of-the-day/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>We are long on pepper spray</title>
		<link>http://freer.com/bits/2011/12/05/we-are-long-on-pepper-spray/</link>
		<comments>http://freer.com/bits/2011/12/05/we-are-long-on-pepper-spray/#comments</comments>
		<pubDate>Mon, 05 Dec 2011 12:00:27 +0000</pubDate>
		<dc:creator>Brant</dc:creator>
				<category><![CDATA[biz]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[1%]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[income inequality]]></category>
		<category><![CDATA[Michael Lewis]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://freer.com/bits/?p=15932</guid>
		<description><![CDATA[Excellent &#8220;memo&#8221; from Michael Lewis.  Read the whole piece. We have identified two looming threats: The first is the shifting relationship between ambitious young people and money. There’s a reason the Lower 99 currently lack leadership: Anyone with the ability &#8230; <a href="http://freer.com/bits/2011/12/05/we-are-long-on-pepper-spray/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Tax the rich and create jobs (updated)</title>
		<link>http://freer.com/bits/2011/12/02/tax-the-rich-and-create-jobs/</link>
		<comments>http://freer.com/bits/2011/12/02/tax-the-rich-and-create-jobs/#comments</comments>
		<pubDate>Fri, 02 Dec 2011 12:19:06 +0000</pubDate>
		<dc:creator>Brant</dc:creator>
				<category><![CDATA[biz]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[1%]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Frank Luntz]]></category>
		<category><![CDATA[income inequality]]></category>
		<category><![CDATA[jobs]]></category>
		<category><![CDATA[middle class]]></category>
		<category><![CDATA[Nick Hanauer]]></category>
		<category><![CDATA[republicans]]></category>
		<category><![CDATA[taxes]]></category>

		<guid isPermaLink="false">http://freer.com/bits/?p=15875</guid>
		<description><![CDATA[Check out this great opinion piece by Nick Hanauer: It is a tenet of American economic beliefs, and an article of faith for Republicans that is seldom contested by Democrats: If taxes are raised on the rich, job creation will &#8230; <a href="http://freer.com/bits/2011/12/02/tax-the-rich-and-create-jobs/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Political quote of the day</title>
		<link>http://freer.com/bits/2011/11/20/political-quote-of-the-day-137/</link>
		<comments>http://freer.com/bits/2011/11/20/political-quote-of-the-day-137/#comments</comments>
		<pubDate>Sun, 20 Nov 2011 13:27:15 +0000</pubDate>
		<dc:creator>Brant</dc:creator>
				<category><![CDATA[politics]]></category>
		<category><![CDATA[deficits]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[no tax pledge]]></category>
		<category><![CDATA[republicans]]></category>
		<category><![CDATA[Ronald Reagan]]></category>
		<category><![CDATA[taxes]]></category>

		<guid isPermaLink="false">http://freer.com/bits/?p=15665</guid>
		<description><![CDATA[The nation is still recovering from a crushing recession that sent unemployment hovering above nine percent for two straight years. The president, mindful of soaring deficits, is pushing bold action to shore up the nation&#8217;s balance sheet. Cloaking himself in &#8230; <a href="http://freer.com/bits/2011/11/20/political-quote-of-the-day-137/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Politcal quote of the day</title>
		<link>http://freer.com/bits/2011/11/07/politcal-quote-of-the-day-5/</link>
		<comments>http://freer.com/bits/2011/11/07/politcal-quote-of-the-day-5/#comments</comments>
		<pubDate>Mon, 07 Nov 2011 22:25:16 +0000</pubDate>
		<dc:creator>Brant</dc:creator>
				<category><![CDATA[politics]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Michele Bachmann]]></category>
		<category><![CDATA[republicans]]></category>
		<category><![CDATA[wackos]]></category>

		<guid isPermaLink="false">http://freer.com/bits/?p=15498</guid>
		<description><![CDATA[Our nation needs to stop doing for people what they can and should do for themselves. Self reliance means, if anyone will not work, neither should he eat. &#8211; Michele Bachmann, demonstrating the compassion regarding extremely high unemployment at the &#8230; <a href="http://freer.com/bits/2011/11/07/politcal-quote-of-the-day-5/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Big Lie</title>
		<link>http://freer.com/bits/2011/11/07/the-big-lie/</link>
		<comments>http://freer.com/bits/2011/11/07/the-big-lie/#comments</comments>
		<pubDate>Mon, 07 Nov 2011 12:06:42 +0000</pubDate>
		<dc:creator>Brant</dc:creator>
				<category><![CDATA[biz]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[Barry Ritholtz]]></category>
		<category><![CDATA[Big Lie]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[republicans]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://freer.com/bits/?p=15490</guid>
		<description><![CDATA[Barry Ritholtz writes that Wall Street is promulgating a &#8220;Big Lie&#8221; concerning the economic collapse that began in 2007. Their Big Lie is that the collapse was caused by government policies. A Big Lie is so colossal that no one &#8230; <a href="http://freer.com/bits/2011/11/07/the-big-lie/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<item>
		<title>Couldn&#8217;t have said it better myself</title>
		<link>http://freer.com/bits/2011/11/06/couldnt-have-said-it-better-myself/</link>
		<comments>http://freer.com/bits/2011/11/06/couldnt-have-said-it-better-myself/#comments</comments>
		<pubDate>Sun, 06 Nov 2011 16:17:03 +0000</pubDate>
		<dc:creator>Brant</dc:creator>
				<category><![CDATA[biz]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[rating agencies]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://freer.com/bits/?p=15479</guid>
		<description><![CDATA[(Caution: language NSFW) &#60;object width=&#8221;480&#8243; height=&#8221;360&#8243;&#62;&#60;param name=&#8221;movie&#8221; value=&#8221;http://www.youtube.com/v/aVlNZ3SIPbo?version=3&#38;amp;hl=en_US&#8221;&#62;&#60;/param&#62;&#60;param name=&#8221;allowFullScreen&#8221; value=&#8221;true&#8221;&#62;&#60;/param&#62;&#60;param name=&#8221;allowscriptaccess&#8221; value=&#8221;always&#8221;&#62;&#60;/param&#62;&#60;embed src=&#8221;http://www.youtube.com/v/aVlNZ3SIPbo?version=3&#38;amp;hl=en_US&#8221; type=&#8221;application/x-shockwave-flash&#8221; width=&#8221;480&#8243; height=&#8221;360&#8243; allowscriptaccess=&#8221;always&#8221; allowfullscreen=&#8221;true&#8221;&#62;&#60;/embed&#62;&#60;/object&#62; (via Nothing To Do With Arborath)]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Jackass quote of the day</title>
		<link>http://freer.com/bits/2011/11/02/jackass-quote-of-the-day-2/</link>
		<comments>http://freer.com/bits/2011/11/02/jackass-quote-of-the-day-2/#comments</comments>
		<pubDate>Wed, 02 Nov 2011 11:08:08 +0000</pubDate>
		<dc:creator>Brant</dc:creator>
				<category><![CDATA[politics]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[Collateralized debt obligation]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Michael Bloomberg]]></category>
		<category><![CDATA[republicans]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://freer.com/bits/?p=15459</guid>
		<description><![CDATA[It was not the banks that created the mortgage crisis. It was, plain and simple, Congress who forced everybody to go and give mortgages to people who were on the cusp. Now, I&#8217;m not saying I&#8217;m sure that was terrible &#8230; <a href="http://freer.com/bits/2011/11/02/jackass-quote-of-the-day-2/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>1</slash:comments>
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		<item>
		<title>Economics quote of the day</title>
		<link>http://freer.com/bits/2011/11/02/economics-quote-of-the-day-18/</link>
		<comments>http://freer.com/bits/2011/11/02/economics-quote-of-the-day-18/#comments</comments>
		<pubDate>Wed, 02 Nov 2011 10:06:50 +0000</pubDate>
		<dc:creator>Brant</dc:creator>
				<category><![CDATA[politics]]></category>
		<category><![CDATA[austerity]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[European Union]]></category>
		<category><![CDATA[Greece]]></category>

		<guid isPermaLink="false">http://freer.com/bits/?p=15457</guid>
		<description><![CDATA[It’s as if the Europeans — or Merkel and Sarkozy alone — believed that they were in control of the people of Greece. But this is a democracy. In Greece, and even in Italy, you cannot expect to rule without &#8230; <a href="http://freer.com/bits/2011/11/02/economics-quote-of-the-day-18/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Jackass quote of the day (updated)</title>
		<link>http://freer.com/bits/2011/10/27/jackass-quote-of-the-day/</link>
		<comments>http://freer.com/bits/2011/10/27/jackass-quote-of-the-day/#comments</comments>
		<pubDate>Thu, 27 Oct 2011 12:17:15 +0000</pubDate>
		<dc:creator>Brant</dc:creator>
				<category><![CDATA[biz]]></category>
		<category><![CDATA[Bank of America]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[Brian Moynihan]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[jackass]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://freer.com/bits/?p=15375</guid>
		<description><![CDATA[I, like you, get a little incensed when you think about how much good all of you do, whether it&#8217;s volunteer hours, charitable giving we do, serving clients and customers well.  You ought to think a little about that before &#8230; <a href="http://freer.com/bits/2011/10/27/jackass-quote-of-the-day/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Economics quote of the day</title>
		<link>http://freer.com/bits/2011/10/26/economics-quote-of-the-day-17/</link>
		<comments>http://freer.com/bits/2011/10/26/economics-quote-of-the-day-17/#comments</comments>
		<pubDate>Wed, 26 Oct 2011 10:20:34 +0000</pubDate>
		<dc:creator>Brant</dc:creator>
				<category><![CDATA[politics]]></category>
		<category><![CDATA[Congressional Budget Office]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[income distribution]]></category>

		<guid isPermaLink="false">http://freer.com/bits/?p=15365</guid>
		<description><![CDATA[In its report, the budget office found that from 1979 to 2007, average inflation-adjusted after-tax income grew by 275 percent for the 1 percent of the population with the highest income. For others in the top 20 percent of the &#8230; <a href="http://freer.com/bits/2011/10/26/economics-quote-of-the-day-17/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
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