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Main Street

Wealth Without Wall Street

Don McNay | Posted 05.25.2011 | Business
Don McNay

There has been a long and irreversible trend toward small, entrepreneurial businesses, located far from money centers. Instead, Washington keeps throwing money at these "too big to fail" money losers.

HuffPost Readers Share Their Solutions to the Global Economic Crisis

Matthew Palevsky | Posted 05.25.2011 | Politics

Countless theories about the economic crisis were aired last week in Davos during the World Economic Forum. But many of the voices heard were the same...

A Wall Street Kind of Scandal on Lexington Ky's Main Street

Don McNay | Posted 05.25.2011 | Business
Don McNay

The Lexington scandal helped me understand why some in the big city media were going easy on the Wall Street mess, while people like me, living in the heartland, are going crazy about their excesses.

The Post Crazy Economy

Don McNay | Posted 05.25.2011 | Business
Don McNay

To some, the crisis was caused by consumers. It's as if they are unhappy that we're getting our act together. It's similar to a dope dealer getting angry when a customer goes into rehab.

Send America to Rehab

Eric Margolis | Posted 05.25.2011 | Politics
Eric Margolis

Ironically, while Bush and Cheney were obsessing over al-Qaida, and searching under every rock in Afghanistan for Osama bin Laden, the real danger to America was at home -- on Wall Street.

America's Choice: Destruction or Construction

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

America is suffering. She is, however, afflicted with an avoidable condition she brought on herself, like a hangover. Only this one's interminable and internationally contagious.

Putting Wall Street on the Main Street Compensation Plan

Don McNay | Posted 05.25.2011 | Business
Don McNay

Those of us who run our own businesses don't get bonuses if we lose money. We usually don't get bailed out or taken over. If we lose enough money, they lock us up and board up the front windows.

The Change We Need

Robert L. Borosage | Posted 05.25.2011 | Business
Robert L. Borosage

A big time recovery plan for Main Street focused on the investments we need is one key element of the change we need. And one that President Obama surely supports.

Water: A Business Philosophy for Success in Hard Times

Peter Schwartz | Posted 05.25.2011 | Business
Peter Schwartz

Wall Street's troubles have not only filtered down to Main Street. They have crushed Main Street. With cash flow and credit lines drier than...

Obama Needs an FDR-Style Public Works Program

Mike Papantonio | Posted 05.25.2011 | Business
Mike Papantonio

There is a fraternity-like mentality that exists among corporate CEOs. There is an illusory standard of what "moral" or "legitimate" actually means in decision making for that elite crowd.

Economist Shiller: Let's Pay Wall Street to Teach Main Street How to Lose Money like Pros

Charles H. Green | Posted 05.25.2011 | Business
Charles H. Green

For a Yale economist to play "blame the consumer" is incredible enough, but to use that argument ostensibly in support of "bridging the wealth gap" is disingenuous at the least.

Thank You, Wal-Mart, For A Cheap Christmas

Al Norman | Posted 05.25.2011 | Business
Al Norman

Wal-Mart's PR team thought that helping "Main Street" sounded good -- even though businesses on Main Street will tell you that Wal-Mart is the Grinch who stole their Christmas.

Why Do We Hate the Poor?

Alden Loury | Posted 05.25.2011 | Chicago
Alden Loury

John McCain fell in love with Joe the Plumber and proclaimed that we were all like Joe. But no one has stood up so prominently for the millions of Americans who would gladly switch places with Joe.

The Old Order Falls

Max Fraad Wolff | Posted 05.25.2011 | Business
Max Fraad Wolff

Unquestioned faith in the old order produces shock and panic as one pillar after another crumbles and falls. So it is with cursedly interesting times.

A Very Interesting Bus Ride

Frank A. Weil | Posted 05.25.2011 | Business
Frank A. Weil

Let's hope more people will think about today's situation in togetherness terms, not we versus them, because that state of mind cannot solve the problems we all share today.

McCain-Palin's Phony Love Affair With Main Street

Jack Rothman | Posted 05.25.2011 | Home
Jack Rothman

The Republicans have always opposed regulation of business that protects the "little people" against greed-ridden and corrupt practices of insatiable corporate elites.

Back from the Brink: Report from Inside the World Bank Meeting

Sarah van Gelder | Posted 05.25.2011 | Business
Sarah van Gelder

The World Bank and IMF held their annual meeting in Washington, DC, this weekend, and of course the global economic meltdown was on everyone's minds.

Please Stop With The Main Street-Versus-Wall Street Rhetoric

Lionel Beehner | Posted 05.25.2011 | Politics
Lionel Beehner

The problem with this turn of phrase, besides dumbing down our discourse or sounding cliché, is that it assumes a good-versus-evil duality to the financial problem at hand.

The Banking Scandal: Repeating the Same Mistakes and Expecting Different Results

Reese Schonfeld | Posted 05.25.2011 | Business
Reese Schonfeld

The President and Congress have finally allowed us to allocate $700 billion to a policy, about whose success they are, at least reasonably, doubtful. They should enact new regulations.

So... Now What?

Andy Stern | Posted 05.25.2011 | Politics
Andy Stern

Let's face it: the Bailout Bill doesn't get to the heart of what's wrong with our economy. Neither you, nor I, nor many of those who voted for it believe that this bill will solve the pressing issues American families face.

At the Intersection of Wall Street and Main Street

Brett Ashley McKenzie | Posted 05.25.2011 | Business
Brett Ashley McKenzie

Few people can afford to treat themselves to an occasional red velvet cupcake or a ham and cheese croissant when a gallon of milk can as much as $4.

Anger in the Streets

Jim Randel | Posted 05.25.2011 | Business
Jim Randel

As to the anger toward Wall Street, I certainly understand it. As to anger toward those who are in housing trouble, I have a different point of view.

Republican "Workout" Is A Cop Out

Ron Grande | Posted 05.25.2011 | Home
Ron Grande

The House Republicans will be to blame for any calamities that may yet be in store for our economy. Their objection to the modified Paulson Plan was not ideological, it was political.

Bailout Confuson -- All Over The Web (Salient Links)

Stephen C. Rose | Posted 05.25.2011 | Politics
Stephen C. Rose

By Stephen C. Rose Each morning I dutifully post links from sites I value for their news sense or opinion pertinence. Today the general theme is bai...

Main Street's Agenda: Give Workers the Tools to Lead and Sustain a Recovery

Thomas Kochan | Posted 05.25.2011 | Politics
Thomas Kochan

Main Street America is sending a clear message to Washington these days: Don't direct all your help to Wall Street. Give us the tools we need to dig ourselves out of our own economic crisis.