Economic Meltdown

IMF Head: World Economy In 'A Dangerous Situation'

Posted 12.25.2011

Read More: Video, World Economy, Global Economy, Business News, Christine Lagarde, Imf, IMF Chief, Christine Lagarde Imf, Economic Meltdown, Business News

PARIS (Reuters) - The head of the International Monetary Fund said the world economy was in danger and urged Europeans to speak with one voice on ...

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ReThink Interview: Charles Ferguson, Director of Inside Job

Jonathan Kim | Posted 05.25.2011

Read More: Derivatives, Financial Reform, Charles Ferguson, Rethink Reviews, Credit Default Swaps, Jonathan Kim, Housing Crisis, Economic Meltdown, Wall Street Crisis, Subprime Mortgages, Wall Street, Rethink Interview, Financial Meltdown, Inside Job, Subprime Mortgage Crisis, Deregulation, Financial Crisis, Global Financial Crisis, Wall Street Bonuses, Financial Regulation, George Soros, Nouriel Roubini, Charles Morris, Alan Sloan, Raghuram Rajan, Simon Johnson, Inside Job Interview, Entertainment News

People interviewed in Inside Job claim that finance professionals deserve their money. But can someone rationally argue that someone earning $30 million/year works 1,000 times harder than someone earning $30,000/year?

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'The Great American Stickup'

Robert Scheer | Posted 05.25.2011

Clinton betrayed the wisdom of Franklin Delano Roosevelt's New Deal reforms that capitalism needed to be saved from its own excess in order to survive, that the free market would remain free only if it was properly regulated in the public interest.

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The Great American Stickup

Robert Scheer | Posted 05.25.2011

The big cop-out about the banking meltdown has been the argument by those most complicit that there was "enough blame to go around" and that no institution or individual should be singled out for accountability.

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Against All Odds Save the Middle Class, Democracy and the American Dream

Michelle Kraus | Posted 05.25.2011

Read More: Supreme Court, Obama Hope, House of Representatives, White House, U.S. Economy, Meet the Press, Unemployment Rate, Liberals, John Boehner, Economy, President Obama, Middle Class, Obama Administration, Health Insurance, Democratic Party, Obama Health Care, Housing Crisis, Economic Meltdown, Tea Party Movement, Obama White House, Unemployment, American Dream, Candy Crowley, Unemployment Benefits, Speaker Nancy Pelosi, Tea Party, Economic-Malaise, State of the Union, US Supreme Court, Mid-Term Elections, Depression, Obama Voter Turnout, Malaise, Economic Crisis, Democrats, Barack Obama, Obama Change, David Gregory Meet the Press, David Axelrod, Cnn, Speaker Pelosi, The Audacity of Hope, Banks, Republicans, Robert Gibbs, Politics News

We cannot let the message machine of the Republican Party lull voters into universal amnesia. Remember these are the same guys that put the nails in the coffin cementing the potential extermination of the middle class.

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Tent Cities: An American Tradition

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011

Read More: Poverty, Economic Turndown, Meltdown, Economic Meltdown, Tent City, Tents, Video, Politics News

A couple weeks ago a reader shared word with the Huffington Post of a tent city in Virginia, about an hour outside of D.C., where tons of middle class...

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Orphaned By Job Loss: The Death of Pan Am

Helen Davey | Posted 11.17.2011

December 21, 1988, the day that Pan Am Flight 103 exploded over Lockerbie, Scotland, has been called "the day that the heart of Pan American died."

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Why Human Rights are Indispensable to Financial Regulation

Radhika Balakrishnan | Posted 05.25.2011

Read More: Economic Recovery, Financial Crisis, Economic Crisis, Financial Meltdown, Economic Meltdown, Financial Regulation, Business News

The biggest economic meltdown in the US since the Great Depression continues to erode fundamental human rights. The collateral damage of the financial crisis is stupendous.

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What Is Psychological Health in the 21st Century?

Douglas LaBier | Posted 11.17.2011

Read More: Global Citizenship, Psychology, Mental Health, Recession Anxiety, Economic Meltdown, Resilience, Healthy Living News

Today's world is an interconnected, interdependent, diverse, unpredictable and unstable global community. And that's created new psychological challenges for everyone, challenges that require a highly proactive mentality.

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The Health Insurance You Have Now Sucks

Bob Cesca | Posted 05.25.2011

Read More: Wall Street Crisis, Teabaggers, Financial Meltdown, Wall Street, Public Option, Economic Meltdown, Protests, Health Care Reform, Max Baucus, Health Insurance, Healthcare Reform, Obama Health Care, Health Care, Recession, Politics News

The president likes to say, "If you like the health insurance you have now..." The problem is that much like your utter lack of financial security, the health insurance you have now... sucks.

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Federal Deficit Is A Triumph Of Fiscal Policy: Stan Collender

Capital Gains and Games | Stan Collender | Posted 05.25.2011

Read More: Federal Budget Deficit, Collender Fiscal Policy, Obama Fiscal Policy, Federal Deficit, Economic Meltdown, Federal Budget, U.S. Economy, 2009 Deficit, Collender Deficit, Fiscal Policy, Politics News

Despite the headlines and the page-one, right-hand column, above-the-fold stories in the New York Times and Washington Post on Saturday, I'm not at al...

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goldman-sachs, giant vampire squid

Gershon Hepner | Posted 05.25.2011

Read More: Noblesse Oblige, Bonuses, Goldman Sachs, Economic Meltdown, President Obama, Frank Rich, Home News

Goldman Sachs, the giant vampire squid, wrapped around our faces with a funnel, sits upon a Ponzi pyramid, preventing light to shine within its tunnel...

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Peter Kraus Scores High on Obama Team

Diane Francis | Posted 05.25.2011

Read More: Economic Forecast, Alliance Bernstein, Stock Market, Wall Street Crisis, Economic Crisis, Wall Street, Peter Kraus, Investors, Economic Meltdown, Business News

I sat down recently with Peter Kraus. In December, at the height of the market turmoil, he became Chair and CEO of Alliance/Bernstein of New York, one of the world's largest asset management firms.

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Dollar, Inflation, Recession Optimism

Diane Francis | Posted 05.25.2011

Read More: Interest Rates, Healthcare Costs, Financial Meltdown, Inflation, Economic Meltdown, Financial Crisis, Global Financial Crisis, Bank Rescues, China, Recession, Japan, Business News

A world expert on economics delivered a cogent and optimistic analysis of the meltdown, its causes, its cure and its effect on the future at the recent Global Business Forum in Banff, Alberta.

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Financial Crisis Panel To Begin Inquiry

AP | By ANNE FLAHERTY | Posted 05.25.2011

Read More: Bear Sterns, Freddie Mac, Lehman Brothers, Financial Crisis, Aig, Fannie Mae, Financial Inquiry Commission, Phil Angelides, Economic Meltdown, Citigroup, Business News

...

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How To Live On $0 A Day: Rich Corporate Executives Have Problems Too, You Know

Lesley Stern | Posted 05.25.2011

Read More: Depression, Lifestyle, Home, Fashion, Corporate Executives, Bailout, Wall Street, Humor, Economic Crisis, Satire, Economy, Financial Crisis, Cosmetic Surgery, Recession, Economic Meltdown, Comedy News

I know this is going to be difficult to hear, but you're going to have to pretend to make some major sacrifices.

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America's Tax Crybabies

Diane Francis | Posted 05.25.2011

Read More: Vat, Bailout, Economic Crisis, Economic Meltdown, Gasoline Taxes, Cigarette Taxes, Federal Sales Tax, Liquor-Taxes, Paul Volcker, Canadian Taxes, European Taxes, Ben Bernanke, Business News

To Canadians, and the rest of the free/developed world, an across-the-board sales tax is not only a no-brainer but, quite possibly, a world saver now.

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Fed Survey: Economy Has "Begun To Stabilize, Albeit At A Low Level."

AP | JEANNINE AVERSA | Posted 05.25.2011

Read More: Economic Recovery, Federal Bailouts, Fed Survey, Federal Budget Deficit, Economic Crisis, Economic Meltdown, Federal Reserve, Ben Bernanke, Business News

WASHINGTON — The economy is finally showing signs of stabilizing in some regions of the country – especially in parts of the Northeast and...

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When Bush Got 'Drunk' -- As Meltdown Approached

Greg Mitchell | Posted 05.25.2011

Read More: Youtube, Economic Meltdown, George W. Bush, Greenspan, Bush, Politics News

It's fun, sad and fascinating to look back one year at one of the few YouTube highlights or lowlights of the George W. Bush presidency.

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The Competition For Jobs, By The Numbers

AP | CHRISTOPHER S. RUGABER | Posted 05.25.2011

Read More: Job Openings, Job Losses, Jobs, Job Competition, Economic Meltdown, Business News

WASHINGTON — The competition for jobs intensified in May, the government said Tuesday, as employers advertised more positions but the number of ...

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Rethinking Wall Street: Why Bernie Madoff Makes Gordon Gekko Look Like Zac Efron

Jonathan Kim | Posted 05.25.2011

Read More: Oliver Stone, Gordon Gekko, Michael Douglas, Economy, Jonathan Kim, Wall Street, Wall Street Crisis, Financial Meltdown, Martha Stewart, Economic Crisis, Bernard Madoff, Corporate Greed, Economic Meltdown, Zac Efron, Entertainment News

But as the sordid details of the economic meltdown are revealed, it's clear that Gordon Gekko has nothing on the real corporate supervillains walking freely among us today.

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How To Live On $0 A Day: Sample The Good Life

Lesley Stern | Posted 05.25.2011

Read More: Whole Foods, Dining Out, Humor, Trader Joes, Menus, Goodie Bag, Economy, Frugal, Farmers Markets, Economic Crisis, Cheap Eats, Food Reviews, Diet, Economic Meltdown, Costco, Organic Food, Satire, Sampling, Financial Crisis, Food, Takeout, Living, Dining on a Budget, Budget Dining, Comedy, Comedy News

I'm not advocating dining and dashing (except on special occasions). Nor am I suggesting we return to the old ways of hunting and foraging for sustenance (a practice often referred to as "stealing" these days).

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Ending the Meltdown Melodrama

Deepak Chopra | Posted 05.25.2011

Read More: Economic Crisis, Blogging the Meltdown, Economic Panic, Economy, Economic Meltdown, Panic, Business News

Mass media thrives on melodrama, and so does modern politics. We became addicted to the scary side of the economic meltdown -- the term itself is a piece of verbal melodrama.

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From Stress to Serenity

Dr. Jon LaPook | Posted 11.17.2011

Read More: Stress, Dr. William Fisher, Recession Anxiety, Anxiety, Economic Meltdown, Stress Reduction, Healthy Living News

I talked recently to Dr. William Fisher who gives tips on ways to reduce stress on your own as well as providing some warning signs on when you should seek professional help.

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A Response to My Mom on Obama and the Economy

Howard Winant | Posted 05.25.2011

Read More: Banks and Bankers, Obama's Economic Team, Economic Recession, Obama's Team, Depression, Obama Recession, Obama Advisors, Economic Meltdown, Obama's Cabinet, Recession, Politics News

The greatest was Lincoln; the next best was Roosevelt. I think Obama has the potential to be a president on their level.

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