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Send a Thank You From China to Our Leaders: A Call to Action

Adam McKay | Posted 05.25.2011 | Politics
Adam McKay

I'm sending gifts to McConnell and Boehner with this note: "Thanks for borrowing more money from us to pay for your tax cuts for the rich. And thank you for always placing China first."

How Sharing My Stuff on Made Me a Better American

Micki Krimmel | Posted 05.25.2011 | Impact
Micki Krimmel

For the first time ever, I feel connected to where I live. I feel engaged with my neighborhood and my city. Through NeighborGoods, I have become a more active local citizen.

Consumer Credit Shows A BIG Rise In March

AP | By MARTIN CRUTSINGER | Posted 05.25.2011 | Business


Bank of America Wire Transfer: Lost in Space!

Iris Mack | Posted 05.25.2011 | Business
Iris Mack

It seems that I have unwillingly made a 10 day ZERO interest loan to Bank of America.

How Americans Are Drastically Reducing Their Debt: (CHART)

Huffington Post | Grace Kiser | Posted 05.25.2011 | Business

As the economy emerges from the downturn, consumers are likely to spend the next several years drastically reducing their debt -- at least if historic...

Lucia Graves

Lawmakers Call For Cuts In Military Spending | Lucia Graves | Posted 05.25.2011 | Politics

As the budget crisis worsens, some lawmakers are looking where others dare not - at defense spending. In a letter to the National Commission on Fiscal...

Daley Blasts State Borrowing For Pensions, Even As City Borrows To Pay Police

Chicago Sun-Times | Posted 05.25.2011 | Chicago

Mayor Daley blasted the Illinois General Assembly today for attempting to borrow its way out of the state pension crisis -- even though he's using the...

Debt Limit Increased: Senate Allows For Additional $1.9 Trillion In Borrowing

AP | ANDREW TAYLOR | Posted 05.25.2011 | Politics

WASHINGTON — The Senate voted Thursday to allow the government to go a whopping $1.9 trillion deeper in debt, offering a vivid election-year rem...

Can The Free Market Save Small Businesses and Nonprofits?

Bruce Judson | Posted 05.25.2011 | Business
Bruce Judson

Earlier this week, we announced a new service, The Cost Savings Guy, which has the potential to change the fortunes of small businesses and nonprofits that are struggling to stay afloat.

US Facing Waves Of Debt Payments

New York Times | EDMUND L. ANDREWS | Posted 05.25.2011 | Politics

WASHINGTON -- The United States government is financing its more than trillion-dollar-a-year borrowing with i.o.u.'s on terms that seem too good to be...

The Debt Economy - How The Tax Code Encourages Debt : The New Yorker | James Surowiecki | Posted 05.25.2011 | Business

. Debt didn't get dangerously out of scale because the system was broken. It got out of scale, in part, because the system worked. The government d...

Students Borrowing Dramatically More To Pay For College

The Wall Street Journal | ANNE MARIE CHAKER | Posted 05.25.2011 | Home

Students are borrowing dramatically more to pay for college, accelerating a trend that has wide-ranging implications for a generation of young people....

Manufacture or Borrow (Until We Can't)

Dave Johnson | Posted 05.25.2011 | Business
Dave Johnson

We don't sell enough things because we don't make enough things anymore. Over time this means we get poorer and poorer as we borrow more and more.

Equal Opportunity Corruption

Dr. Susan Corso | Posted 11.17.2011 | Healthy Living
Dr. Susan Corso

Stewardship will solve the equal opportunity corruption in the United States if more and more of us will take our stewarding duties seriously. It's only going to work one individual at a time.

Ownership Is So Last Century: From Owners/Consumers to Borrowers/Lenders

Starre Vartan | Posted 05.25.2011 | Green
Starre Vartan

When I get to thinking about it, the only things I want to own outright are things I want to pass along to another generation, that have personal meaning to me. Who needs the rest?

Ignore the Scaremongers - Watch out for the Truly Scary

Ann Pettifor | Posted 05.25.2011 | Business
Ann Pettifor

Economists and their friends in bond markets are scaremongering in the hope of achieving cuts in government programs, rises in unemployment and lower wages. This is lunacy parading as economics.

Coming Soon to a Neighborhood Near You

Michael J. Panzner | Posted 05.25.2011 | Politics
Michael J. Panzner

After almost four decades of relative calm and complacency, there are signs that the social mood is beginning to sour.

Saving vs. Borrowing

Jeff Danziger | Posted 05.25.2011 | Politics
Jeff Danziger