Wall Street excesses brought the economy to the brink of collapse. But now the Wall Street behemoths are bigger than ever and President Obama is looking to cut the Social Security benefits of retirees. That will teach the Wall Street boys to be more responsible in the future.
How does one conduct herself each day among such partisanship, isolation, domestic and international disasters, and what seems like the daily fracturing not only of our nation, but also of our relationship with other nations? It's been a harrowing week trying to figure all of this out -- here's what I've established.
As the legislative drive to achieve comprehensive immigration reform gets underway in the Senate, some critics of the effort worry that legalization will flood the job market with low-skilled immigrants, dragging down the U.S. economy.
This isn't enough to stop the veiled talk that he's still the sworn enemy of business. But this talk can't scrub away the fact that Obama and Democratic presidents have been far better friends of big business than GOP presidents have ever been.
To paraphrase former President Ronald Reagan, anyone who doesn't recognize that our financial community still has heroes, even in this troubled and cynical era, isn't looking in the right place, and Jamie Dimon at the helm of JPMorgan is foremost among them.
How astonishing to have a public servant who actually cares to inform the public about the inner workings of the system of crony capitalism that has wedded big government with big business. This comes at the expense of the free market that corporate lobbyists delight in invoking as an ideal while they subvert it as a reality.
Given that any reasonable person can plainly see that our president is in fact trying to lead us to ruin, here's the good news: he's really, really bad at it.
Given the billions of aid dollars spent to improve the health systems of Africa, it may surprise you to learn that the majority of Africans still turn to the private sector for their health care. Not because the private sector provides cheaper prices. But rather, for many, it remains the only option.
This report takes a closer look at monetary policy, what the FOMC is trying to accomplish, where voting members are in the process and ultimately, how far we have traveled from "home."
By 2050, California & Southwest Could Have 100% Dry Years NASA Says, reports Climate Progress, according to a NASA analysis, which basically lays out ...
There has been a lot of talk about a rebound in the equity and real estate markets helped along by the Fed's free money. That much is for sure the truth; but the evidence of a viable and sustainable recovery built on free-market forces just isn't there.
Fix the Debt did a dance flash mob in Farragut Square in downtown Washington, D.C., around noon on Friday. Two participants expressed concern about the debt, but did not want to cut Social Security.
Professor Krugman keeps fighting a straw-man argument. The real issue isn't a choice between stimulus and austerity. After all, we've had nearly five years of quite remarkable monetary and fiscal policy stimulus.
All over the country, we will honor and celebrate our moms, take them to nice restaurants and shower them with gifts. But let's make sure to especially thank them for their economic sacrifices. On average it can cost around $176,890-$353,410 to raise a child from birth to 17. And that's not even including college!
By keeping immigration legislation focused on economics, the Gang of Eight's proposal has the opportunity to pay dividends to the treasury and to generations of young workers wishing to create a better lives for themselves.
When Sallie Krawcheck speaks, people listen. Former president of the Global Wealth & Investment Management division of Bank of America and No. 7 on Forbes' 2005 list of the world's top 100 most powerful women, Sallie certainly isn't shy about having an opinion.