Debt

Real Money vs. Real Anger

Max Fraad Wolff | Posted 04.26.2009 | Business


Max Fraad Wolff

An angry public is getting distracted hunting evil doers that really don't matter much in the grander national scheme.

Counting the Cost of Good and Bad Debt

Jim Wallis | Posted 04.26.2009 | Politics


Jim Wallis

While watching President Obama's press conference Tuesday evening, I was struck by a few things that are often forgotten in the criticism of his proposed budget.

National Debt Hits Record $11 Trillion

Politico | MANU RAJU | Posted 04.17.2009 | Politics


The eye-popping national debt surpassed $11 trillion Monday, the largest in U.S. history. The new Treasury Department figures on the national debt w...

"If China Calls, Tell Them I'm Not Home."

Dean Obeidallah | Posted 04.15.2009 | Comedy


Dean Obeidallah

As a comedian, I have had to deal with my share of debt collectors in the past so I wanted to offer some advice to President Obama on how to best avoid China if they start trying to collect their trillion dollars...

U.S. Debt Expanding, Homeowner Equity Crashing: Report

OptionARMageddon | Rolfe Winkler | Posted 04.13.2009 | Business


GDP for the full year 2008 was higher than 2007. But Q4 2008 GDP was lower compared to Q3. So towards the very end of the year, the denominator (GD...

A Forerunner of Credit Card Debt Helped Spawn the Revolutionary War

Russ Wellen | Posted 04.12.2009 | Business


Russ Wellen

Even George Washington had reasons other than unadulterated fealty to Lady Liberty for rejecting foreign rule. In fact, what galvanized him was the 18th century version of credit card debt.

Schumer Will Investigate Posthumous Debt Collection

AP | Posted 04.11.2009 | Politics


WASHINGTON — A senior senator is asking the Federal Trade Commission to investigate reported instances of debt collection firms asking people to...

Arthur Delaney

Debt Horror Story: Parents Hounded For Their Late Son's Payments

HuffingtonPost.com | Arthur Delaney | Posted 04.10.2009 | Business


This story was reported with help from our readers. Have you been asked by a collection agency to pay debt for a deceased friend of relative? If so, ...

Generational Theft?

Alan Fein | Posted 04.10.2009 | Business


Alan Fein

The capital projects coming out of the stimulus plan and the Obama budgets are designed to create long-term wealth, and assets that will ensure to the benefit of generations to come.

Moody's "Bottom Rung" List Of 283 Companies At Risk Of Default

Huffington Post | Julie Satow | Posted 04.10.2009 | Business


On Tuesday, Moody's Investors Service published a new list called the Bottom Rung, which details which companies the ratings agency says are most like...

Arthur Delaney

HuffPosters: Share Your Tale of Zombie Debt

HuffingtonPost.com | Arthur Delaney | Posted 04.04.2009 | Business


There's a new frontier in the debt-collection industry: the dead. The New York Times reported yesterday that improved database technology has made it ...

The Obama Revolution

Alan Schram | Posted 04.02.2009 | Business


Alan Schram

The new budget President Obama proposed last week is no less than another American revolution, an economic revolution that changes the very fundamenta...

Economic Meltdown or Back to Normal?

Hugh McGuire | Posted 04.02.2009 | Business


Hugh McGuire

The wealth of the past 10-15 years was illusory. The markets have in fact dropped back to where they "should" be.

Memo To Business: Only Unions Will Save Your Bottom Line

Jonathan Tasini | Posted 04.02.2009 | Business


Jonathan Tasini

Henry Ford used to say that he wanted his workers to have enough money to buy his cars. For their own self-interest, business, and their Republican allies in Congress, should embrace broad unionization.

While the Economy Tanks, the President's Team Dawdles

Ann Pettifor | Posted 03.31.2009 | Business


Ann Pettifor

The stock market knows what Treasury still needs to admit: the banks are bust. Their CEOs lack all credibility. Until they are nationalized the Dow will continue its very rational path downwards.

Coming Soon to a Neighborhood Near You

Michael J. Panzner | Posted 03.30.2009 | Politics


Michael J. Panzner

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

The Potential Impact of Jindal's Message

Lincoln Mitchell | Posted 03.30.2009 | Politics


Lincoln Mitchell

Jindal's speech is easy to dismiss, but the potential power of his misleading message must be taken seriously.

China and the Debt

Arthur Rosenfeld | Posted 03.28.2009 | World


Arthur Rosenfeld

The Chinese hold our debt and buy our real estate and in return we buy their manufactured goods. Perhaps we could bring some Chinese wisdom and savvy over too, just to balance the beam.

The Credit Card Debt Crisis: The Next Economic Domino

Arianna Huffington | Posted 03.27.2009 | Business


Arianna Huffington

Hot on the heels of the banking crisis, the employment crisis, and the mortgage/foreclosure crisis, the country is on the verge of experiencing a credit card crisis.

Red Dollar, Blue Dollar: Republican Hubris and Hypocrisy

Jeff Schweitzer | Posted 03.27.2009 | Politics


Jeff Schweitzer

The GOP has no credibility in opposing a stimulus package that effectively repudiates their failures of the past eight years.

8 Ways To Dig Yourself Out Of Debt

oprah.com | Posted 03.26.2009 | Living


The new year is a wonderful time to make a fresh start--but that can be difficult if you're still trying to pay for everything you did in the last yea...

Floridians Turn To Blackjack To Recoup Lost Savings

United Press International | Posted 03.26.2009 | Business


The head of the Florida's compulsive gambling council says a growing number of state residents are attempting to recoup personal loses through blackja...

Held Hostage -- By Your House

Manisha Thakor | Posted 06.12.2009 | Business


Manisha Thakor

Most Americans do not know the answer to this simple but powerful question -- "how much is a house can I afford?"

The President Must Heed Lincoln and Ignore Economists

Ann Pettifor | Posted 03.23.2009 | Business


Ann Pettifor

We must once again make money work for the people.

Wall Street: Get Their Claws Out of the Real Economy

Ann Pettifor | Posted 03.14.2009 | Business


Ann Pettifor

The Treasury seems in danger of pandering to the Wall Street beast, rather than protecting the vulnerable -- those companies where real wealth is created.