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Ørsted Proposes New Offshore Wind Farm for RI and CT, One of Four Bidding—Ørsted Proposes New Offshore…
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RI “Dream Team” Couple Now Face More Than $600,000 in Judgments and Fines—“Dream Team” Couple Now…
Joe Lieberman, Former U.S. Senator From Connecticut and VP Nominee, Dies at 82—Joe Lieberman, Former U.S.…
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Message: From GoLocalProv by Guest MINDSETTER™ George Babcock : Nationally and locally in Rhode Island, the Banking Crisis of 2008 and the resulting crash in the housing market has continually served as the albatross preventing the nation and state’s economic recovery. One cannot pinpoint a single cause for the Banking Crisis, but reasons range from Congressional actions (repeal of the Glass-Steagal Act) to Wall Street contrivances Mortgage backed securities (MBSs), Collateralized Debt Obligations (CDOs), and Credit Default Swaps). All of these factors are creations of a New America where corporatism has taken the place of capitalism. http://www.golocalprov.comhttp://beta.golocalprov.com/george-babcock-ris-foreclosure-issue-is-a-community-problem