Recently several Republican representatives, including Scott Garrett, have questioned whether derivatives helped create the financial crisis. Did derivatives cause the financial crisis? You bet.
Read Whole Story
Offering CEOs big money to come and run companies does not guarantee great leadership. In fact, the practice may attract the wrong leaders altogether.
The problem with these efforts is that they will not fix the fundamental problem, but instead will simply push the problem -- the loss of home equity -- onto the next generation of homebuyers.
Obama can act like Community-Organizer-In-Chief and, along with grassroots movements from around the country, force Senate Republicans to allow the majority to vote on, and pass, an improved Stimulus Bill.
The Fed and Congress may be good at managing monetary policy and passing laws, but they are not loan officers nor bond investors.
If America summons the courage, and the will, to resolve our health care crisis, we can provide our national economy with a genuine and long-term stimulus.
As a completely unregulated private equity partnership, Cerberus has no public reporting requirements. In fact, they are now refusing to disclose their finances even after the bailout.
The one word Americans use most to describe President Bush is "incompetent." While no compliment, the word fails to convey the condemnation warranted by the last eight years.
Was it too much to ask Congress to examine this government intervention in the free market critically before authorizing the transfer of US taxpayer dollars to benefit the banking sector?
In a market economy, if you try to start a nonprofit or dedicate yourself to working for a nonprofit, you get no special credit. You have to pay your bills, same as the next person.
Donal Trump Blames Crisis on Divine Intervention:
As the Job Losses Mount, the Government's Bailout Flouders/Fails
It has taken a while for the stars...
Let's try something new. How about a $55,000 loan, available to every taxpayer? It's the people who are undercapitalized. Give the people a stake in America and see what they'll do.
The Fed has now committed to such a vast amount of debt in return for what are most probably dodgy securities, that is has become a source of national insecurity.
"People who say the U.S. doesn't innovate are woefully out of touch with Detroit's standing in this business."
The hard truth of the matter is that truly innovative ideas, which could be "game-changers" on the battlefield, have been AWOL from Detroit's methods of operation for some time now.
"Free-market" health care is as perverse an incentive as free-market police and fire protection would be, leaving everyone vulnerable, at the mercy of the marketplace.
Many American have no idea how long the country has been running deficits and they may not have all the numbers at their fingertips, but the general drift has not escaped them.
From my recent experience helping US women grow their businesses, I am convinced women will lead America out of the worst economic crisis since the Great Depression.
We cannot meet a better life, a more sound financial future, without facing the fact that sooner or later we have to face the habit of living beyond our means.
The reality has set in that whatever is in your garage now will likely be there next year too.
Assuming a federal bailout, it makes sense that, over the next few years, American carmakers will be re-engaging with the small-car market.
There is no bailout for people like Mark and me and millions of Americans who have lost or are about to lose their jobs.
After an excruciatingly long wait, we are finally at the end of a dark era in our nation's history.
We need an economic system of checks and balances where the public sector competes with the private sector and keeps it honest, and vice versa.
We need to bury the philosophy that worships only business, free markets, deregulation and free trade, and replace it with an economic program that rebuilds the middle class.
Get top stories and blog posts emailed to me each day. Newsletters may offer personalized content or advertisements. Learn more.