Bloomberg News Under Fire Over Alleged Privacy Leaks

Bloomberg LP is the market leader in financial data services - did they breach the trust of customers by allowing access to terminal information? Photo by BigM

Bloomberg LP is at the center of growing concerns about information-gathering and financial privacy, as news of an alleged breach hit the firm this week.

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Does the U.S. Really Have a Spending Problem?

Revenue and spending as a percentage of GDP has changed greatly over the years. Image courtesy of the Congressional Budget Office.

The government has an addiction to spending, yet taxes have been on the decline. To solve our budget problems, do we cut spending, increase taxes, or both?

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Is a Dose of Austerity the Right Economic Medicine for the U.S.?

U.S. economic growth rates since the end of World War II. Credit: Bureau of Economic Analysis

While Europe is reeling economically due to forced austerity, the U.S. has thus far refused to follow suit. How should America solve its fiscal problems?

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The Paul Ryan and Patty Murray Budget Plans: A Comparison

Ryan's plan balances the budget in ten years, but at what cost? Credit: By United States Congress [Public domain, via Wikimedia Commons

Representative Paul Ryan and Senator Patty Murray have spearheaded budgets, passed by the House and Senate, respectively. Can tax and cut be reconciled?

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Cyprus’ Bankruptcy Solution: Tax the Rich

Iceland had plenty of ice, but not enough kronas, and thus was forced into bankruptcy in 2008. Credit: By Andreas Tille via Wikimedia Commons

The nation of Cyprus narrowly avoided bankruptcy by agreeing to reforms in order to obtain loans from the European Union — including taxing the rich.

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