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Sheila Bair's Mortgage Miracle - Wall Street Journal
What do you do if you've spent your career encouraging mortgage loans to people who can't repay them? Barney Frank's answer is to grill federal officials on why they aren't preventing foreclosures. Infuriated at the difficulty of modifying mortgages ...

In fight to avert deflation, Fed could learn from Japan - International Herald Tribune
NEW YORK : As the United States and other major economies prepare to combat the threat of deflation and recession with interest rates fast approaching zero, a five-year policy experiment in Japan shows how important it is to act quickly and boldly ...

Japan shows quantitative easing needs to be decisive - Reuters
HONG KONG (Reuters) - As the United States and other major economies prepare to combat deflation and recession with interest rates fast approaching zero, a five-year policy experiment in Japan shows how important it is to act quickly and boldly ...

No’ to Obama’s experimental government - Asheville Citizen-Times
On Sunday night, President-elect Barack Obama told “60 Minutes” that Franklin D. Roosevelt would be a model of sorts for him. “What you see in FDR that I hope my team can emulate is not always getting it right, but projecting a sense of ...

Business Tech - CNET News
Patricia Sueltz has had her share of blunt bosses. At IBM, Sueltz was CEO Lou Gerstner's technical assistant during Big Blue's dramatic turnaround in the 1990s. After that, she ran the services division at Sun Microsystems for CEO Scott McNealy ...

Continuous news, views, and abuse by the Reason staff - Reason.com
The great, unlamented mascot of Pets.com and the tech bubble, Sock Puppet, comes to Congress with a paw out for taxpayer money and inadvertently suggests a way forward through the current moment that doesn't involve massive giveaways. Approximately ...

'It hit everybody' - Hutchinson News
Most were just children at the time, coming of age amid the Great Depression. But the images of growing up poor during the worst economic times of the nation's history have stayed with this generation of Kansans all of their lives. Dust storms ...

America has always had mixed economy - Waterloo Cedar-Falls Courier
Everyone is familiar with all of those services. But few recognize them as socialism. But they really are. Consider that: 1) They are provided to all of us for each of us to use as we need; and 2) Each of us pays according to our ability to pay ...

Show your support. - Huffingtonpost.com
Today's economic crisis, and the federal government's response, is like putting a finger in the dike to avert a major catastrophe -- possibly even a depression. But as quickly as we plug one leak, another springs forth. Congress is seeking to avoid ...

Jerome Chen's blog - Foreign Policy Blogs
As the global economic environment continues to worsen, the People's Bank of China has cut its key one year interest rate by 1.08 percent to 5.58 percent. It has also lowered the required reserve ratio that banks must maintain. This comes as the ...