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Debt Crisis

Rod Kurtz

What Would You Do About The Debt? | Rod Kurtz | Posted 11.22.2011 | Small Business

What should be done about America's debt? It's the $14 trillion question that continues to fuel debate in the halls of Congress and across dinner tabl...

As Economy Struggles, Debt Collectors Get Desperate

AP | By WAYNE PARRY | Posted 11.21.2011 | Business

ATLANTIC CITY, N.J. -- These are the best of times, and the worst of times, for America's debt collectors. The prolonged economic turmoil has created...

Slovenia's Government Falls, Complicating European Debt Crisis

AP | By ALI ZERDIN | Posted 11.20.2011 | World

LJUBLJANA, Slovenia -- Slovenia's left-leaning government was ousted in a parliament confidence vote Tuesday, further complicating Europe's debt crisi...

Sam Stein

White House Looks Ready To Hit GOP Over Millionaire Tax | Sam Stein | Posted 11.18.2011 | Politics

WASHINGTON -- In certain corners of the progressive political universe, there has been ongoing frustration with the Obama White House for attacking th...

Obama To Roll Out Major Debt Reduction Plan

AP | JIM KUHNHENN | Posted 11.18.2011 | Politics

WASHINGTON — Drawing a bright line with congressional Republicans, President Barack Obama is proposing $1.5 trillion in new tax revenue as part ...

Debt Crisis Forces Greek PM To Cancel Trip To US

BBC | Posted 11.17.2011 | Home

Greek Prime Minister George Papandreou has cancelled a visit to the US amid mounting concern over the country's debt crisis. His office said he had...

As Economy Slows, Recession Fears Grow Louder

Reuters | Leah Schnurr | Posted 11.14.2011 | Business

Chances the United States will lapse into another recession rose over the past month to nearly one in three as the economy faces a number of road bloc...

Where Is Globe Growth Without the U.S., Europe and Japan?

Jeffrey Rubin | Posted 11.08.2011 | Business
Jeffrey Rubin

everyone other than President Barack Obama realizes that further fiscal stimulus is out of the question. The real policy choice is how aggressively to rein in the deficit. And even that decision is more likely to be made by foreign creditors.

Ben Bernanke: Federal Reserve Will Do 'All It Can' To Help Create Jobs

Posted 11.08.2011 | Business

MINNEAPOLIS (David Bailey) - Federal Reserve Chairman Ben Bernanke on Thursday said the U.S. central bank would spare no effort to boost disappoin...

U.S. Economy Slips In Worldwide Rankings

AP | JOHN HEILPRIN | Posted 11.07.2011 | Business

GENEVA — The U.S. has tumbled further down a global ranking of the world's most competitive economies, landing at fifth place because of its hug...

Starbucks CEO To Host National Forum To Address America's 'Crisis Of Confidence'

AP | SARAH SKIDMORE | Posted 11.02.2011 | Politics

PORTLAND, Ore. — Starbucks CEO Howard Schultz changed how America drinks coffee. Now, he wants to change the political system. The leader of th...

European Policymaker: U.S. Lacks Structures To Control 'Enormous' Debt Problem

Posted 11.01.2011 | Business

A debt crisis is still gripping the developed world, European Central Bank policymaker Juergen Stark said, adding there was no alternative but for...

Small Business Borrowing Held Back In July By Debt Ceiling Crisis

Posted 10.31.2011 | Business

(Ann Saphir) - Small U.S. businesses in July moderated what had been a blistering pace of borrowing, held back by uncertainty over U.S. economic g...

Alternate Explanations for the Current National Debt Levels

Jilly Gagnon | Posted 10.26.2011 | Comedy
Jilly Gagnon

"I'm bored," she whined, reaching for the only bottle of whiskey on the table that still had anything left in it. "Let's do something interesting." "Like what?" Boehner said. "Legislating?"

Close Gitmo and Help Solve the Debt Crisis

Amnesty International | Posted 10.24.2011 | Politics
Amnesty International

It is not news that the United States is facing a debt crisis and that public spending is under scrutiny like never before, yet one decade-long drain on the public exchequer has so far escaped the financial meltdown: the Guantanamo Bay Detention Camp.

What the Debt Deal Could Cost Us

Liz Krueger | Posted 10.17.2011 | New York
Liz Krueger

As just one of your elected officials in a community of Manhattan that includes a disproportionate number of well off and wealthy, I am told I am insane to support higher taxes for the super rich.

Citibank Accused Of Murdering A Credit Card Deadbeat

Washington Post | Andrew Higgins | Posted 10.17.2011 | Business

The 50-year-old businessman, invited to a Citibank office in Jakarta in late March, collapsed in a tiny room set aside by the U.S. bank for question...

Obama Faces Perils Of The Presidential Getaway

AP | JULIE PACE | Posted 10.17.2011 | Politics

WASHINGTON — Is there ever really a good time for the president to go on vacation? President Barack Obama's summer getaway to Martha's Vineyard ...

GOP Town Halls Hit With Progressive Messages

Firedoglake | David Dayen | Posted 10.16.2011 | Politics

Two years ago, a concerted effort by a corporate-funded Tea Party movement to get conservatives out to town hall meetings changed the dynamic in Washi...

Panetta: Bigger Defense Cuts Would Be Devastating

AP | ROBERT BURNS | Posted 10.16.2011 | Politics

WASHINGTON — Large new cuts in defense spending would "terribly weaken" U.S. national security, Defense Secretary Leon Panetta said Tuesday as h...

WATCH: Obama's Kickstarter Project

Posted 10.15.2011 | Comedy

With the national debt at the forefront of everyone's minds, Funny Or Die has figured out a pretty novel solution for Americans to consider. Sure, ...

Washington Is Kicking Small Businesses While They're Down

Robert Levin | Posted 10.15.2011 | Small Business
Robert Levin

While they are campaigning, every politician talks about the importance of small business to the health of the economy. Now, Mr. President, senators, and congressmen, we need you to make some painful decisions and do the right thing for those small businesses you claim to value.

Rod Kurtz

What Is The Biggest Challenge Facing Small Businesses Right Now? | Rod Kurtz | Posted 10.15.2011 | Small Business

The unique challenges that come with starting and growing a business are a big part of what make the experience so rewarding. After all, is there any ...

Obama Speaks About Jobs, Economy

AP | JIM KUHNHENN | Posted 10.15.2011 | Politics

DECORAH, Iowa — Hitting back against an emboldened GOP, President Barack Obama launched a rare direct attack Monday on the Republican presidenti...

Dysfunction and Downgrades: Sad Parallels

James Zogby | Posted 10.13.2011 | Politics
James Zogby

Standard & Poor's demonstrated its loss of confidence in the ability of Washington to get its financial house in order by downgrading the U.S.'s bond rating. Much the same scenario has been playing out in the U.S.'s approach to Israeli-Palestinian peace.