Second Obama Stimulus Spending Bill Looms On the Horizon
There is increasing talk in Washington that a second dose of deficit-driven stimulus spending will be required if the nation's severe economic contraction is to be reversed.
There is increasing talk in Washington that a second dose of deficit-driven stimulus spending will be required if the nation's severe economic contraction is to be reversed.
She is not a narcissist. She just has the good sense to realize she is better and more deserving than most people to rule the planet and prepare humanity for the end of days.
Several events of the past week should be a wake-up call to the Obama administration. The bottom line: the medicine isn't working. Stronger stuff is needed. We now have fewer jobs than in May 2000 when that period of recovery began, though the economy now has 12.5 million more workers. And there is less than one job opening for every five people seeking jobs. Hidden unemployment is also setting records.
Enough already of all those silly, unduly sunny and unrealistic economic predictions that are proving to be as accurate as those woefully inept forecasts we get from the local weatherman.
Because New York is a vertical city - you don't get to see much of what's going above the first floor. So as you walk down Broadway - past the resta...
A new documentary Directed by Michael Covel has been released that takes a hard look at the decisions we as a country make about money. Broke: The New...
Lets look at something really Goofy about work and summer vacations. They say the average household income is $48,000 so, IF as a paid vacation, its...
An evergreen show about the state of the economy: How did we get here? Who's to blame? And can it be fixed?
What is being recreated in front of our very eyes is the exact same system with the exact same problems that led to our financial collapse in the first place.
Recessions and insurgencies certainly capture headlines. Slow-moving arms races - not so much. While the global financial crisis fills the news cycl...
It seems like common sense that the government should increase social spending when people are losing their jobs, but Republicans and Blue Dog Democrats don't see it that way.
Last week I grabbed my Flip cam and went onto the set of TLC's "What Not to Wear" to hang out with hosts Stacy London and Clinton Kelly. This season ...
Liddy told shareholders he didn't want to spend his retirement watching over AIG. But for retirees who lost their money at AIG, working at WalMart isn't how they wanted to spend their retirement, either.
Those who raise the socialism boogeyman as a way to frighten investors either don't know the data or are intentionally misleading them.
Why hasn't the crash devastated employment on Wall Street? One big reason is that we put the entire sector on welfare.
As Freud said, "the mind is an arena for the struggle of antagonistic impulses." And so a la Freud, here are my competing thoughts on the necessity of increased government regulation.
We are more dependent than ever despite all the flag waving and bluster of our politicians.
A strong commission with subpoena powers and a serious mandate from Congress could really dig into the dirty deeds that Wall St. traders purposed that caused this crash.
Robert Ellis, who is dying of lupus, just wrote this open letter to Obama, challenging him to reach for his deepest levels of courage in being honest about what we face after decades of pillaging our economy.
With a straight face, the captains of Wall Street like are telling us that they don't need to be heavily regulated -- that regulations will kill innovation and stifle consumer choice.
Wall Street speculation has it that some investors may have been privy to government actions involving a number of these banks at the outset of the financial crisis or to their financial results.
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