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The Looming Foreclosure Crisis: As the Fed Runs Out of Bullets, Local Governments Step In

Ellen Brown | Posted 09.07.2014 | Business
Ellen Brown

Mortgage debt overhang from the housing bust has meant lack of middle-class spending power and consumer demand, preventing the economy from growing.

Rep. Brad Miller: The

UnHAMPered | Rep. Brad Miller | Posted 05.25.2011 | Business

As part of its initial legislative barrage on the economic crisis, the Roosevelt administration created the Home Owners' Loan Corporation ("HOLC") in ...

Democratic "Accomplishments" Not Nearly Enough

Joseph A. Palermo | Posted 05.25.2011 | Politics
Joseph A. Palermo

Americans understood they got creamed during the final Bush years. They did the right thing and voted in the opposing party. The paltry result of their electoral efforts has led to far more than voter "frustration." They're furious.

Half Measures and Lukewarm "Reform" Won't Save the Middle Class

Joseph A. Palermo | Posted 05.25.2011 | Politics
Joseph A. Palermo

Let's hope that when Obama speaks Congress he outlines not only a bold program to provide health care for all Americans, but also a set of proposals to lift the middle class out of its currently dismal economic condition.

Not So Fast On Mortgage Solutions

Washington Independent | Charles R. Morris | Posted 05.25.2011 | Business

A drumbeat is building for some form of federal takeover of troubled home mortgages. Sen. Chris Dodd (D-Conn.) is leading the charge in the Congress, ...