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Upton Sinclair, Cielo Magno and economic quacks

CIELO Magno, the finance undersecretary who was forced to resign after posting the truth about the nonsensical policy of imposing rice price caps under the twin conditions of tightening supply and surging global prices, did one extraordinary thing upon accepting her appointment to the Department of Finance. Unlike others who got prime economic posts, she refused to spray her seat with epoxy that would tie her to that desk for at least six years. She wanted to do public service, but on her own terms, which were to carry out the job with integrity. And leave, when working with government means conforming to policy nonsense and idiocy. ....

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Sinclair (NASDAQ:SBGI) Trading Up 5.8%

Sinclair, Inc. (NASDAQ:SBGI – Get Free Report)’s share price was up 5.8% during trading on Monday . The company traded as high as $11.20 and last traded at $10.84. Approximately 379,600 shares were traded during mid-day trading, a decline of 48% from the average daily volume of 727,737 shares. The stock had previously closed at […] ....

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