Killing the Dream
The Bush administration and its amen corner in the Senate are trying to leave its stamp on affordable housing by killing off one of the most successful experiments in low income homeownership in a generation.
The other day I was playing with my time machine and came across an essay by a highly respected historian, written in 2020, in which she summarized the economic developments in the United States in the final years of the preceding decade.
The Bush administration and its amen corner in the Senate are trying to leave its stamp on affordable housing by killing off one of the most successful experiments in low income homeownership in a generation.
My guess is that the social network that we will all be building on in the coming years is already out there. It could be Twitter, after it's federated, or it could be what FriendFeed is teasing about.
Vallejo is the first California municipality to declare bankruptcy in the current economic downturn; others are likely to follow, unfortunately.
Companies classifying workers as "temporary" or "contractors" is one of the bigger scams that is going on these days.
Wall Street predictions are wrong about half the time, so take them all with a grain of salt. That said, the current views of Morgan Stanley strategist David Darst have more logic going for them than most.
As the author of GameChangers - Improvisation for Business in the Networked World, I feel qualified to weigh in on the recent bandying-about of the phrase 'gamechanger' by the Democratic presidential candidates.
My idiosyncratic take on life as it is lived by middle-class women has not failed as an indicator during several economic downturns. Almost all signs are currently flashing either yellow or red.
In light of declining job prospects, record oil and food prices and a slowing economy, it just doesn't seem like the consumer spending will increase in a big way anytime soon.
By most accounts, UK Prime Minister Gordon Brown is genuinely passionate about reducing global poverty. But he is not willing to challenge corporations and structures that generate that poverty.
Yesterday's earnings report from government sponsored Fannie Mae should cause investors to question whether the very entity charged with saving the real estate market will actually need to be rescued itself.
The Left in America needs to beef up on its macro-economics understanding of money and credit before leaping into the fray of discussing global food prices
Do I have a deal for you! You are going to party with the big boys: Pension plans. Normally, this investment is only available to them, but we are going to make an exception for you.