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Killing the Recovery
Global Fixation on Austerity the Wrong Course

The world has barely dug out of recession and the global economy is again slowing dangerously.  Most leaders seem eager to make things even worse.
Instead of looking for ways to reignite growth, Europe’s leaders--and Republicans on Capitol Hill--are determined to slash public spending.  Europe’s fixation on austerity is also compounding its debt crisis, bringing the continent even closer to the brink.  Meanwhile, China’s government, which is struggling to contain inflation without letting its currency rise, has been trying to slow domestic demand, allowing its trade surplus to balloon.

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Defendant in Rib Crib
Killing Given Life, Plus

Three Men Entered Restaurant Through A Back Door to Rob and to Kill a Cook in ‘10

By CHRISTOPHER V. PORTER
Chronicle Staff

TULSA--The defendant in the so-called Rib Crib killing was earlier this week given a life sentence, plus another 75 years behind bars.
A Tulsa County jury in August found Isaiah Peevy, 21, guilty of the first-degree murder of Howard “Bud” Stoddard, 50, a cook at the Rib Crib Restaurant, 1601 S. Harvard Ave.
Jurors recommended a life sentence with possible parole.
But, the jury also found Mr. Peevy guilty of seven other felonies:  five counts of robbery with a firearm, one count of attempted armed robbery and one count of second-degree burglary).

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New Faces of Poverty
46 Million Considered
Poor; Middle-Class, Too

By CALVIN S. SCRIBNER
Special to the Chronicle

LEESBURG, Va.--Billy Schlegel plunged from middle-class into poverty in the time it took his daughter to play a soccer season.
In January 2010, he was making $50,000 a year as a surveyor, meeting the mortgage payments on his three-bedroom home in the nation’s wealthiest county and paying for his children to play hockey and soccer.
Then came February, Mr. Schlegel, 45, was laid off.  During the next 18 months, the divorced father of three almost lost his house, had to stop paying child support and turned to the local food bank for basic necessities.

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The ‘N-Word’
Snag for GOP Candidate: 
Offensive Name at a Camp

By PATRICIA A. HOLT
Special to the Chronicle

WASHINGTON--The campaign of Gov. Rick Perry of Texas found itself on the defensive on Sunday over a report that he had hunted at and taken guests to a West Texas camp with a racially charged name that his father, and later Mr. Perry, had leased.
The Washington Post reported on Sunday that at least seven people it interviewed said the name for a portion of the property, Niggerhead, was visible on the rock at the entrance “at different points in the 1980’s and 1990’s,” and that a former worker said he believed he had seen it as recently as three years ago.

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