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American Economy

Medicare: Is America the Next GM?

A. Haag Sherman | Posted 10.14.2009 | Politics

Read More: Auto Industry, General Motors, Barack Obama, Bailout, Car Industry, American Economy, President Obama, Health Care Reform, Gm, Medicare, Health Care, Fiscal Responsibility, Politics News
A. Haag Sherman

By re-sizing our Medicare system to one we can afford, America can avoid the fate of GM and maintain its competitive position for decades to come.

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One Lesson from the 1930s: Financial Regulation Has to Be Bold

Mitchell Bard | Posted 07.18.2009 | Politics

Read More: Securities Exchange Act of 1934, John Boehner, Gramm-Leach-Biley Act, Franklin Roosevelt, Democrats, Barack Obama, Gillian Tett, Centrist Democrats, Securities Act of 1933, Financial Crisis, Banks, New York Times, Glass-Steagall Act, Daniel Gross, Paul Krugman, Financial Institutions, American Economy, Republicans, Great Depression, Economy, Politics News
Mitchell Bard

Contrary to what John Boehner says, a big foot needs to be placed on the financial industry to make sure that last year's near collapse can never happen again.

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Obama's Big Bang Could Do the Trick

Diane Francis | Posted 03.06.2009 | Business

Read More: Big Bang, Unfreezing Bank Credit, Economy, Financial Reform, Currency, Property Value Crisis, Mexico, Banking Crisis, Devaluation, Obama, Mortgage Crisis, U..S. Economy, Real Estate Bailout, Bailout, Bank Credit, Subprime Mortgage Crisis, Bank Crisis, Rescue, Foreclosure, American Economy, Business News
Diane Francis

What appears to be looming is a massive pre-emptive devaluation of the U.S. dollar as Team Obama readies itself to announce the "Big Bang."

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U.S. Economy Battles Host Of Financial Woes

New York Times | Vikas Bajaj | Posted 03.28.2008 | Business

Read More: Yen, Dollar, Credit Crisis, Oil Prices, U.S. Economy, Weak Dollar, American Economy, Oil, Credit Crunch, Commodities Market, Stocks, Business News

Almost everything seems to be going wrong for the American economy at once. People are buying less, but most things are costing more. Mortgage rates a...

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Wall Street Banks Brace For More Multibillion-Dollar Losses

New York Times | Jenny Anderson | Posted 03.28.2008 | Business

Read More: Goldman Sachs, U.S. Economy, Credit Crisis, High-Risk Loans, Corporate Buyouts, Wall Street, Auction-Rate Securities, Subprime Mortgage Crisis, American Economy, Wall Street Banks, Commercial Real Estate, Subprime Mortgages, Slowing Economy, Ubs, Credit Markets, Business News

Wall Street banks are bracing for another wave of multibillion-dollar losses as the crisis that began with subprime mortgages spreads through the cred...

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Odds Are Growing For Economic Recession

AP | JEANNINE AVERSA | Posted 03.28.2008 | Business

Read More: U.S Economy, Economic Recession, Recession, American Economy, Ben Bernanke, Business News

The unemployment rate leaps to a two-year high, record numbers of people are forced from their homes and Wall Street nose-dives again. Such is the fa...

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