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That's the view of Goldman Sachs delivered by an article in the current issue of Rolling Stone. The rock mag's The Great American Bubble Machine by Matt Taibbi says that the investment bank is responsible for creating, and in many cases popping, every great bubble of nearly the past 100 years in order to profit from them at our expense - and the article uses plenty of illustrations of pigs to drive home what it thinks of Goldman. Taibbi calls the U.S. a "gangster state, running on gangster economics." He says we have an economy where "some...

Author: /time Magazine | Title: Goldman Sachs vs. Rolling Stone: A Wall Street Smackdown | 7/3/2009 | See Source »

...panel recommend? The FDA advisory panel, made up of scientists, doctors and consumer representatives, voted to make four major changes in the way acetaminophen is dispensed and packaged. First, it voted 21 to 6 in favor of lowering the maximum daily dose of nonprescription acetaminophen for adults, which is currently set at 4,000 mg; the panel did not specify a new maximum dosage. Second, the committee voted 24 to 13 to reduce the maximum single adult daily dose to 650 mg from the current maximum of 1,000 mg, or the equivalent of two tablets of Extra Strength Tylenol...

Author: /time Magazine | Title: The FDA and Painkillers: What's Safe Now? | 7/3/2009 | See Source »

...Smith said he is confident that Sweet has set a standard for excellence that will ease the entrance of the next dean for administration and finance. Plus, Sweet’s successor will know full well the severity of the current fiscal picture, which only became fully clear after Sweet arrived at Harvard...

Author: By Bonnie J. Kavoussi and Esther I. Yi, CRIMSON STAFF WRITERS | Title: FAS Finance Dean To Depart After Less Than A Year | 7/3/2009 | See Source »

...Senate," he told the Virginia audience. "[Virginia Senator] Mark Warner is going to have to weigh in on it. We're all going to have to weigh in on it." The President says he still wouldn't go as far as McCain proposed and completely eliminate the current exclusion on taxation of employer-provided health benefits. (McCain would have offset that with a tax credit of up to $5,000.) But Obama is indicating a new willingness to go at least part of the way there...

Author: /time Magazine | Title: Will Obama Tax Employer-Provided Health Benefits? | 7/2/2009 | See Source »

...July 1, says British tactics included "mass distraction" and "hypodermic needle," both intended to subconsciously infuse Iranians with certain messages and goals. The British media pursued three phases, it said, the last of which saw 55 British reporters in Iran taking on the role of "spokesmen for the current of dissent and then the riots." (Read: "Has Britain Replaced the U.S. as Iran's 'Little Satan...

Author: /time Magazine | Title: In Iran, Conspiracy Theories Flourish As Regime Tries to Regain Legitimacy | 7/2/2009 | See Source »

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