May 18, 2008
There is a marked difference between economic growth and debt-induced demand. Instead of letting the market take its medicine and enter recession in 2001, the powers that be injected fiscal and monetary drugs to dull the pain and induce stock gains.
The Federal Reserve understands the...
Jared Bernstein and Nancy Cleeland | Posted March 7, 2008 | Business
One thing to keep in mind as we live through the pain of this deepening recession: It didn't have to happen.
Sure, recessions are part of the natural economic order, implicit in the yin and yang of the business cycle. But often they're brought on by some external shock, like...
New York TImes Via Yahoo | JENNY ANDERSON | March 5, 2008 07:41 AM
Hale "Bonddad" Stewart | Posted February 26, 2008 | Business
Since June of last year, the curtain has raised on the US economy. Underneath the hood of "The Greatest Story Never Told" lies a host of problems that will take a while to fix. In other words, don't expect this situation to end anytime soon.
So -- what are
John Tepper Marlin | Posted February 26, 2008 | Business
New York Representative Carolyn Maloney, who serves as Vice Chair of the Joint Economic Committee (Senator Chuck Schumer is Chair), has performed a public service by introducing the Credit Cardholders Bill of Rights, H.R. 5244. She describes her bill as "comprehensive credit card reform legislation" that ends "abuses that unfairly...
From the AP: Democrat John Edwards endorsed former rival Barack Obama on Wednesday, a...
*** UPDATED BELOW *** President Bush has said repeatedly that he would not insert himself into the...
Utterly insane goings-on tonight on...
It's a pretty well known fact that most women - attractive women -...
Just off the House floor today, the Crypt overheard House Judiciary Committee Chairman John Conyers tell two...
Tonight, Keith Olbermann unleashed what may well have been his...
The AP reports on Obama's swift and forceful response to Bush and McCain's criticism of...
The Tennessee GOP hasn't yet had their fill of Obama dirty tricks. A few months ago,...
***UPDATE*** Roughly five hours after making comments about...
The Democratic Party has finally decided who's going to break it to Hillary that it's time...
Sixteen tips for getting good sleep. There's a lot of advice out there about getting good...
Hale "Bonddad" Stewart | Posted March 12, 2008 | Business