When the 2011 federal budget was being bludgeoned into it's final form, the Republicans/Tea Party screamed that continued borrowing would raise the co...
Members of the Tea Party movement have implied that any legislator who votes for an increase in the debt ceiling will be violating the spirit of the founding fathers. Nothing could be further from the truth.
With each passing day that we don't vote to raise the limit, economic uncertainty grows, and uncertainty has real consequences for small business owners.
"New Markets" encourages private investments from corporations and individuals who might never consider buying into "high-risk areas." The cost to taxpayers have created nearly 500,000 jobs at a cost of less than $12,000 each.
It's official. As of Monday, May 16, the United States of America has reached its debt limit. But the sky didn't the sky fall. People are not running in the streets in chaos. The stock and bond markets haven't crashed. So what's the big deal?
Roger Lowenstein's piece "Wall Street: Not Guilty" is well worth reading, if only as a case study in the moral and logical blindness that's reached epidemic proportions among otherwise reasonable people in influential Washington and Wall Street circles.
This week, the future of money came to San Francisco as the conference Finovate Spring 2011 unfolded in SOMA. After two days of hearing many excellent...
China doesn't have to build a blue water navy or engage in an arms race to take a big slice of the U.S.'s energy pie. All it has to do is stop showing up at the U.S. Treasury auction.
We used a five-point grading process to evaluate the administration's reported proposal. Does the punishment fit the crime?
From our friends at the Wall Street Journal Sunday night, "In 2011, Social Security, Medicare and other entitlement programs will consume 60% of all f...
1. Bellwether Members of Congress - Sen. Barbara Boxer (D-CA) Rep. Dave Camp (R-MI) Rep. Rosa DeLauro (D-CT) Sen. John Kerry (D-MA) Rep. John Mica (...
The Dodd-Frank Act gave the CFTC until January 2011 to set limits to curb excessive speculation in the energy markets. Lo and behold, Chairman Gensler told lawmakers the CFTC wouldn't meet the deadline "because it doesn't yet have sufficient data."
Homeowners have long been told that investors are frequently denying them help from a federal program created to foster loan modifications. But that's simply not the case. Investors rarely have a say in loan modifications or block such modifications.
The Bank of North Dakota has garnered attention for its continued profitability. Momentum is building for a sane kind of banking system that works for the people and state instead of the bottom line of banks and shareholders.
Amid the campaign frenzy, we need to stop for a moment and quickly note, because it will become hugely more important in the coming weeks and months, that not everyone in the Obama administration is on the same team.
The number of homeowners in ongoing mortgage modifications could start shrinking in several months if current trends continue, according to a ProPublica analysis of Treasury Department data.