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Unhand that economy, villein! - Meganmcardle.theatlantic.comI've been thinking about this for awhile. How much of this current crisis is just a manifestation of the American--indeed human--will? We're always talking about politicians deluding us and Wall-Street manipulating us, and predatory lenders conning ...
A Win for Civility - Wall Street JournalDemocrats will fall short of a 60-seat Senate supermajority in the 111th Congress. Unofficial results , with 97% of precincts reporting, show Sen. Saxby Chambliss with a wide lead over challenger Jim Martin, 57.4% to 42.6%, in Georgia's runoff ...
BATTLE LINES - New York PostJanuary 7, 2008-- NOVEMBER and December were big months for labor actions in New York City. The stagehands union darkened the lights on Broadway, even as Writer's Guild pickets shut down television production. Taxi driverslaunched a pair of wildcat ...
A Lack of Succor For the Markets - Wall Street JournalThe Morning Brief, a look at the day's biggest news, is emailed to subscribers by 7 a.m. every business day. Sign up for the e-mail here . Asian and European shares were trading higher today following yesterday's slaughter on Wall Street, even as the ...
Borrowers get a lifeline - Modesto BeeThere may be a way out of trouble, after all, for thousands of Northern San Joaquin Valley borrowers struggling with risky housing-boom mortgages from Countrywide Financial Corp. A legal settlement announced Monday by Countrywide's new parent company ...
A More Meaningful Default Rate - Inside Higher EdThe Education Department’s “cohort default rate” — the rate at which student loan borrowers default within 12 to 24 months after they leave college — was initiated in the late 1980s largely to draw attention to institutions seen as preying ...
House of Cards - MediaChannel.orgNationwide, two million homes sit vacant. Home sales are at a nine-year low. Former Treasury Secretary Larry Summers says that housing finance has not been this bad since the Depression. We still don’t know the full extent of the colossal subprime ...
Rentals Up, Buyers and Sellers are Cautious - Connecticut PostReal estate agent Ruth Jones has been spending a lot of time lately trying to calm anxious clients who have homes on today's market. "It's like being a doctor and having to give a bad diagnosis," Jones said. "They're nervous. Their houses aren't ...
Overseas Sweatshops Are a U.S. Responsibility - BusinessWeekTo begin, a fundamental fact: Most of what we buy from developing countries is grown or manufactured by workers whose rights are ignored in important ways. Cell-phone components from China, fruit grown in Mexico, and the Indian cotton in your shirt ...
Barack Obama and the Strategy of Manufactured Crisis - American ThinkerAmerica waits with bated breath while Washington struggles to bring the U.S. economy back from the brink of disaster. But many of those same politicians caused the crisis , and if left to their own devices will do so again. Despite the mass media ...
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