Over the last 7 years, the financial industry has been very busy buying up all of the debt, carving it into various bonds and selling it to the highest bidder.
Jared Bernstein and Nancy Cleeland | Posted 03.07.2008 | Business
We can ease the pain of this self-inflicted recession by reviving some other basic American concepts, such as the idea that government can serve a role in mediating a heartless economy.
New York TImes Via Yahoo | JENNY ANDERSON | Posted 03.05.2008 | Business
Americans filed for bankruptcy in growing numbers in February, buckling under the combined weight of rising energy prices, a weakening housing market ...
Hale "Bonddad" Stewart | Posted 02.26.2008 | Business
Economic problems run wide and deep. There is no simple way to deal with the escalating federal debt issue. It's going to take cutting spending and raising taxes.
John Tepper Marlin | Posted 02.26.2008 | Business
Rep. Carolyn Maloney describes her bill as "comprehensive credit card reform legislation" that ends "abuses that unfairly hurt consumers."
Before the largest crowd of his campaign, Democratic presidential contender Barack...
**UPDATE 7/25** ThinkProgress now reports that the bar...
Major news organizations are drawing...
There is one more John McCain gaffe that...
As we have observed throughout the last several years,...
In a flagrant political act, the State Department has...
John McCain's famously cozy relationship with the press is getting a bit testy. Taking questions in...
** Update below: Nas delivers Fox petition to Stephen...
BARCELONA, Spain — Christian Bale swept into Barcelona on Wednesday night to attend a...
WASHINGTON — Rescue legislation sailed through the House on Wednesday aimed at...
I have a wait problem. I hate to wait. When...
Ashcroft Claims Waterboarding...
Hale "Bonddad" Stewart | Posted 03.12.2008 | Business