If you have something to say...
Say it on the Huffington Post
If you have something to say...
Say it on the Huffington Post
What's the Triple Crown of personal finances? Think about the biggest financial responsibilities most families face: buying a house, paying for college and saving for retirement.
I am a pretty awesome person but like anyone, I have some things that I am less awesome with. Whenever I talk to my accountant sister it becomes embar...
Memorial Day barbecues are being planned as we prepare to remember the millions of veterans who have served our nation, protecting and defending those less fortunate as well as our way of life. For some of these veterans, the idea of a backyard barbecue is far from their reality.
It shouldn't be a surprise to anyone that "casino capitalism" is one of the very worst and lowest expressions of the human spirit. In human civilization, we have achieved some of the most extraordinary acts of love, art and heroism for millennia.
As the report points out, more poor people now live in suburbs than in central cities. There is both "good news" and "bad news" in this trend.
Hundreds of homeowners who have been playing by the rules while the big banks have cheated them are risking arrest at the Department of Justice to make an unmistakable statement: it is about time for the government to side with poor and middle class folks.
The Fed claims that quantitative easing has helped create or save almost 2,000,000 jobs since 2008, and while that may be true, the people could probably find a much better way to spend $40 billion a month and create and save far more jobs.
For the past year there have been worries that the FHA might require taxpayer money to pay off lender claims for loans gone bad. But now it may be that the economy has turned around and the FHA may well do better than anyone thinks.
Congress' attention and action right now: the millions of low-income families who rely upon federal housing assistance to keep a stable roof over their heads and are being threatened with losing access to these funds.
March 16 of this year I received a letter from Bank of America: "Although you have missed several of your monthly payments, it is not too late to get help. Please act quickly before time runs out." I suppose 40-odd missed payments can safely be counted as "several." But time running out? Methuselah should have such a surplus.
The FHFA just announced that it will no longer allow Fannie and Freddie to purchase or guarantee so-called "non-qualified" mortgages with more than 30 years amortization or that have interest only payments, among other restrictions.
Some myths persist even when people ought to know they aren't true. These falsehoods can be fun, unless they are about money -- in which case they can do a great deal of harm. Here are four financial "facts" you should always take with a grain of salt.
When lawmakers in March reauthorized the Violence Against Women Act--the landmark legislation that guarantees certain rights and protections for survivors of domestic violence--they expanded a rule to bar landlords from evicting survivors from any publicly-supported home.
Since 2007, Wall Street has evicted four million families -- approximately ten million people -- from their homes. Millions more are ensnared in ongoing foreclosures.
The love fest between Barack Obama and his top fundraiser Penny Pritzker that has led to her being nominated as Commerce secretary would not be so unseemly if they both just confessed that they did it for the money
Bob Kuttner has been among the country's most visible advocates of stimulus. His new book, Debtors' Prison: The Politics of Austerity versus Possibility is his latest shot at the austerity gang.
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