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Following Palin in Hong Kong

Cameron Sinclair | Posted 05.25.2011 | Politics
Cameron Sinclair

I found myself in an odd situation of keynoting the same event as Sarah Palin in Hong Kong. I ended up tweeting the talk, and other than her comment on the Fed, I think it's somewhat accurate.

Credit Card Delinquencies Up, Worst Yet To Come

Posted 05.25.2011 | Business

Despite optimistic pronouncements from the nation's financial stewards, a recovery is not in the cards. At least not anytime soon, judging by the late...

Tone Deaf? The White House and Unemployment

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
Richard (RJ) Eskow

If unemployment figures are really "unacceptable," why is Larry Summers accepting the forecast -- and repeating it -- instead of telling us how the White House plans to change it?

Why Obama Won't Be Able to Reform Wall Street

Arianna Huffington | Posted 05.25.2011 | Business
Arianna Huffington

Obama won't be able to change the course our financial system is on unless he takes on the bankers and their hordes of lobbyists who continue to dictate policy in DC.

The Lottery Question

Don McNay | Posted 05.25.2011 | Business
Don McNay

Everyone has dreams and desires but usually keep them hidden, back in the recesses of their minds. The lottery question gets those dreams and desires out in the open, on the front burner.

Shahien Nasiripour

Bank Numbers Reveal Troubling Trend On Main Street

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

More than one in four U.S. banks are unprofitable, a number fueled by rising numbers of bad loans, the FDIC announced Thursday. The percent of banks ...

The Bonuses and the Damage They Do

Dave Johnson | Posted 05.25.2011 | Business
Dave Johnson

This is a story we know too well: Wall Street vs. Main Street. Irresponsible behavior leads to bonuses for the former while working hard and playing by the rules leads to unemployment and foreclosure for the latter.

Why the Senate Should Confirm Bernanke But Make the Fed More Accountable, Too

Robert Reich | Posted 05.25.2011 | Business
Robert Reich

If you'd have asked me three months ago whether Bernanke would be confirmed, I'd have said no. Congress (and much of the public) is still furious about the bank bailouts, as well they should be.

Today Is the Day to Cut Up Your Credit Cards

Don McNay | Posted 05.25.2011 | Business
Don McNay

When three people who know about money go to the extreme of not owning any credit cards, others might want to take note.

Saving Small Businesses, The Brooklyn Way

Jim Luce | Posted 05.25.2011 | New York
Jim Luce

Bob Zuckerman does not want to wait for the economic stimulus package to drip down to Brooklyn's quickly emptying storefronts.

Main Street USA on Roosevelt Island

Nick Carr | Posted 05.25.2011 | New York
Nick Carr

Roosevelt Island's Main Street has to be one of the most depressing places in New York City. Lined with ugly, box-shaped brown buildings that block out the sun, it seems to exist in perpetual darkness.

Economic Recovery: Wall Street and Main Street Diverge Again

Jill Schlesinger | Posted 05.25.2011 | Business
Jill Schlesinger

Why is Wall Street sure that things are honky-dory, while Main Street is plagued by anxiety? Because Main Street has started to accept the reality of the past 20 years and change its behavior.

Free and The Search for Economic Innovation

Don McNay | Posted 05.25.2011 | Business
Don McNay

As we look at life after the financial crisis, we need to turn traditional thinking on its head. Picking up a copy of Chris Anderson's Free is a good place to start.

Top Ten Unconventional Indicators Of The Recession

HuffPost's Eyes & Ears | Matthew Palevsky/Stephanie Harnett | Posted 05.25.2011 | Business

Despite Wall Street doling out multi-million dollar raises to executives, most of the country continues to suffer from rising unemployment and a falli...

Cramer & Colleagues Put Heat on SEC to Bring Back Uptick Rule

Harleen Kahlon | Posted 05.25.2011 | Business
Harleen Kahlon

This letter to the SEC prepared by Jim Cramer, Eric Oberg, Scott Rothbort and Bill Furber, who are in favor of reinstating the Uptick Rule, has been e...

Faux Localization: The New Greenwashing?

Linda Buzzell | Posted 05.25.2011 | Green
Linda Buzzell

The trend toward local economies may be convincing the giant multinationals like Starbucks to start disguising the affiliations of their stores.

Playing the Hand that Life Deals You

Don McNay | Posted 11.17.2011 | Healthy Living
Don McNay

I've dealt with hundreds of parents of special needs children. They take the hand that is dealt to them. And usually turn that hand into aces.

Getting Rich and the Marshmallow

Don McNay | Posted 05.25.2011 | Business
Don McNay

We have a financial system that has played to people's weaknesses. We have allowed people who are prone to instant gratification to have as much credit as they could get their hands on.

Blacks and Latinos Barely Afloat During Recession: With High Rates of Unemployment, Obama's Recovery Plan Not Enough

C. Nicole Mason | Posted 05.25.2011 | Politics
C. Nicole Mason

In order to cut the unemployment rate in those communities to the projected national rate of 6.5 percent, an additional 1.7 million jobs would have to be created and go directly to Blacks and Latinos by 2010.

The Eloquent Presidency

James Moeller | Posted 05.25.2011 | Politics
James Moeller

Does eloquence ensure a successful presidency? Will Obama's outsized communications abilities allow him to succeed in leading the country back to prosperity? Only time will tell.

Why the AIG Bonus Story Matters to America

Ryan Mack | Posted 05.25.2011 | Business
Ryan Mack

If we don't have faith, we will see the level of apathy continue to rise while production continues to decrease, causing this recession to lengthen.

Wall Street's Credibility Problem

Lincoln Mitchell | Posted 05.25.2011 | Business
Lincoln Mitchell

The financial and political elite may be right in their analysis about the centrality of the finance sector, but the problem is, they have no remaining credibility on this issue.

Stop the Financial Services "Super Czar" (Updated)

Don McNay | Posted 05.25.2011 | Business
Don McNay

There has been talk about appointing a new "Systemic Risk Regulator." This "Super Czar" would oversee all of the financial services industry. We had a "Super Czar" last year. His name was Henry Paulson.

Powerball Jack and the Wall Street Bailout

Don McNay | Posted 05.25.2011 | Business
Don McNay

If the people on Wall Street knew that no one would ever be there to bail them out, ever again, they would be less inclined to gamble with instruments they don't really understand.

The Positive Economics of Food Stamps

Don McNay | Posted 05.25.2011 | Business
Don McNay

A program that gives back $1.73 for every dollar spent is a better return than Wall Street is offering.