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Why Jobs Should be Obama’s Top Priority -- Not Suicidal Austerity

The "Grand Bargain" talk around D.C. is chock full of lies and incoherence.

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William Black is the author of The Best Way to Rob a Bank Is to Own One and an associate professor of economics and law at the University of Missouri-Kansas City. He spent years working on regulatory policy and fraud prevention as executive director of the Institute for Fraud Prevention, litigation director of the Federal Home Loan Bank Board and deputy director of the National Commission on Financial Institution Reform, Recovery and Enforcement, among other positions.