Credit Liquidity and H2O Liquidity Are Both Drying Up
The disappearance of water and credit has a common cause: a broken neo-classic capitalist system that forgot to factor in the replacement cost of natural resources and the costs of pollution.
The disappearance of water and credit has a common cause: a broken neo-classic capitalist system that forgot to factor in the replacement cost of natural resources and the costs of pollution.
HuffingtonPost.com | Seth Colter Walls | Posted 06.13.2008 | Politics
With news of the McCain family's six-figure credit card debt cropping up today, its not too hard to imagine a little light-hearted chuckling among mid...
CNN Money | Jessica Dickler | Posted 05.27.2008 | Business
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Al Norman | Posted 03.02.2008 | Politics
The world's largest retailer is expecting to see you walk through its doors with an IRS rebate check in your hands. But there is a more patriotic thing you can do.
John Tepper Marlin | Posted 02.28.2008 | Business
Credit Slips says that Rep. Carolyn Maloney's bill -- credit cardholders bill of rights -- is the most important credit card legislation in 40 years.
John Tepper Marlin | Posted 02.26.2008 | Business
Rep. Carolyn Maloney describes her bill as "comprehensive credit card reform legislation" that ends "abuses that unfairly hurt consumers."
MainStreet | Juliana Bunim | Posted 02.11.2008 | Business
Valentine's Day is upon us, a time when we are encouraged to open up our hearts, and our wallets. While your honey may be coveting Balenciaga's (PPR...
The Independent | Martin Hickman | Posted 01.01.2008 | Business
Debt experts are predicting a record number of personal insolvencies this year as excessive Christmas shopping, rising mortgage payments and soaring f...
AP | RACHEL KONRAD and BOB PORTERFIELD | Posted 12.23.2007 | Business
Americans are falling behind on their credit card payments at an alarming rate, sending delinquencies and defaults surging by double-digit percentages...
AP | Posted 12.14.2007 | Business
Citigroup Inc. plans to assume control of the seven "structured investment vehicles" the bank advises to help them repay their debts. Citigroup will ...
Tom Gregory | Posted 12.12.2007 | Business
Eventually America is going to have sell out or do something drastic to service Bush's huge faith-based debt.
Danny Schechter | Posted 12.03.2007 | Business
In order for the economy to function, for consumption to continue and profits to keep flowing, people have to believe that everything's all right. They want remedies modeled after Alka Seltzer. Put one tablet in water. It fizzes. You drink and feel better in minutes.
Stephen Rose | Posted 10.15.2007 | Business
It would appear that the drowning-in-debt story reflects the conditions of the bottom 20 percent of the population and not the population as a whole.
Stephen Rose | Posted 09.12.2007 | Business
CreditCards.com recently released a report saying that the average American household held $9,300 in credit card debt in 2004. That would cause great pain for most families if it were anywhere near the real number.
Before the largest crowd of his campaign, Democratic presidential contender Barack...
**UPDATE 7/25** ThinkProgress now reports that the bar...
John McCain's famously cozy relationship with the press is getting a bit testy. Taking questions in...
There is one more John McCain gaffe that...
As we have observed throughout the last several years,...
In a flagrant political act, the State Department has...
Major news organizations are drawing...
** Update below: Nas delivers Fox petition to Stephen...
BARCELONA, Spain — Christian Bale swept into Barcelona on Wednesday night to attend a...
I have a wait problem. I hate to wait. When...
DEARBORN, Mich. — Ford Motor Co. posted the worst...
Ashcroft Claims Waterboarding...
Max Keiser | Posted 06.16.2008 | Business