While there is legitimate concern over the size of the federal deficit, the threat to the economy of continued high levels of unemployment is more urgent. Unemployment is now the leading reason families are losing their homes.
At 11 am today, fifty Americans from 10 states will gather outside the Department of Treasury to demand that Secretary Geithner summon the same determ...
Whether it is Goldman Sachs' central role in the subprime crisis, handing out hundreds of millions in bonuses soon after receiving a $10 billion taxpa...
If we must resort to handouts to save our country, let's at least put them in the hands of the most deserving. We should start with the roughly 2 million veterans who served in Iraq and Afghanistan.
Earlier this week, we heard from more than 100 advocates and Latino community leaders from throughout the nation who participated in a national call h...
One of the most devastating consequences of today's economic turmoil is the large-scale loss of nearly a generation of wealth among Latino homeowners.
Our fearless leaders and elected officials don't really seem to have much to say when it comes to hundreds of foreclosures a week - and that's just in their own districts.
Yesterday afternoon, more than 1,000 people from 20 states came by bus, train, and plane to the Showdown in Chicago to deliver the message "Enough is ...
Taxpayers have protected the banks and brokerage houses from their own failures through the bailout, but who's protecting taxpayers from the greed of bankers?
It is mind-boggling to believe that with such a vast operation, banking giants like JP Morgan Chase were not the least bit aware of the wrongful subprime lending practices being undertaken.
My foray back into stores after a long, involuntary hiatus was disturbing. The parking spaces and aisles were vacant. I guess, when you lose your house to foreclosure, your closets go too.
I have 15 things we can all do right now to fix the very broken system in this country and to fight back against those who have brought us to where we are. C'mon people -- we can do this!
How did I, an unknown from the provinces, black and gay, first find myself at lofty River House facing the East River?
Despite the excitement over the stock markets, credit markets remain ground zero. They are where defaults destroy fortunes but they are also crucial to US industrial growth.
Despite all we've learned from Sicko, Fahrenheit 9/11 and Roger and Me, we continue to take abuse. Our pal Mike is now asking us to act.
JPMorgan Chase is a Big Bank. Us common people just don't understand the challenges that Big Banks face. If we did, we wouldn't expect them to care about us or our financial problems.
American-style capitalism is the system that gives you pilots buying groceries with food stamps and sheriffs throwing families out of their homes. President Obama, it's time for a "new" New Deal.
The bankers wrecked the economy with their greed, ran off with taxpayer dollars in a massive bailout, and now plan to raise taxes for the rest of us. If that picture doesn't sound quite right, then go to Chicago.
This happy outlook suggests that Americans still regard the last couple of years as a freak anomaly -- even though house prices are just now hitting the range of "normal" on key price ratios.
Pre-stirred yogurt: This was one of the first costly luxuries I gave up. Yes, it's exhausting having to actually stir the yogurt flavoring, but it's a great way to combine breakfast and exercise.
Four out of five buyers were handed $8,000 by other taxpayers for a purchase they would have made anyway. The Obama administration could do better by targeting the credit to people who need it.
