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    BofA's Moynihan on federal debt: America needs to get "eyes and stomach" aligned

    By Courtenay Brown,

    7 hours ago
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    Jeffrey Marshall
    5h ago
    The only reason the economy is on “solid footing” is due to the massive deficits themselves. Take away those $2 trillion annual deficits and the economy crashes big time. Why don’t these banking executives ever admit this? In other words, we’re screwed.
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