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US Debt Crisis

Bill Clinton: Austerity Can't Solve Debt Problem

The Huffington Post | Caroline Fairchild | Posted 02.08.2013 | Business

With automatic spending cuts scheduled to begin March 1, former President Bill Clinton urged Congress today to seek alternative options to solve the d...

Why The 'Grand Bargain' Debt Deal Failed

www.washingtonpost.com | Posted 03.18.2012 | Politics

President Obama had just arrived home, walking across Lafayette Square after attending Sunday services with his family at St. John’s Church. In the ...

Why Do Dangerous Financial Criminals Roam Free?

June Carbone | Posted 04.07.2012 | Business
June Carbone

If we want crooks behind bars -- and if want to stop future financial crimes -- we need to rebuild the foundation for effective prosecutions by appointing regulators who believe in the mission and have a proven record of success.

Money Managers' Least Favorite Investment

AP | MATTHEW CRAFT | Posted 02.04.2012 | Business

NEW YORK — Ask the people who invest billions for a living to name their favorite picks for 2012 and you'll get a smorgasbord worthy of a holida...

Clear and Present Danger

Janet Tavakoli | Posted 11.17.2013 | Business
Janet Tavakoli

Foreign borrowings of the U.S. represent a clear and present danger to the dollar and to the financial system. Potential dumping of U.S. dollars would start a run on the currency and a financial panic that would tip our already precarious economy into a deep depression.

We Need a Green Tea Party, You Betcha

Brian Czech | Posted 12.12.2011 | Politics
Brian Czech

To call for economic growth while demanding the death of deficit spending is like calling for a higher speed limit while demanding better gas mileage. The two goals don't jibe.

Opportunities for Youth Will Rejuvenate Society and Boost the Economy

Dag Detter | Posted 12.04.2011 | Business
Dag Detter

How do we make pathway for young to be part of and help create this brave new world? A world where merit and not age, color of your skin or connections give you the opportunity to work?

Economists Prefer Cuts Over Taxes, Survey Finds

AP | Posted 10.21.2011 | Business

NEW YORK -- The majority of economists surveyed by the National Association for Business Economics believe that the federal deficit should be reduced ...

Debt Crisis Continues To Wreak Havoc On Global Stocks

AP | PAMELA SAMPSON | Posted 10.18.2011 | Business

BANGKOK — Asian stock markets were sharply lower Friday amid signs of a possible U.S. recession and renewed worries over the health of Europe's ...

State Credit Ratings Across The Nation [MAP]

The Huffington Post | Harry Bradford | Posted 10.16.2011 | Business

Other credit ratings agencies may have reaffirmed their faith in the United States' credit worthiness but the fallout from Standard and Poor's downgra...

JPMorgan CEO: S&P Downgrade 'Just An Opinion'

The Huffington Post | Harry Bradford | Posted 10.10.2011 | Business

Amidst downgrades, debt crises and declining stocks, one of Wall Street's biggest names is keeping it cool. On Wednesday, Jamie Dimon, CEO of JPMo...

This Year's Kings Of Corporate Layoffs

24/7 Wall St. | JON C. OGG | Posted 10.10.2011 | Business

From 24/7 Wall St.: Financial markets have been reeling as investors grow more concerned about the economy: An S&P downgrade of the full faith and cre...

Four Ways The World Can Avoid Another Depression

The New Republic | William Galston | Posted 10.10.2011 | Business

The current crisis is not just a U.S. problem or a European problem; it is a global problem that requires a coordinated global response. “We’re al...

Airplane Banner: 'Thanks For The Downgrade. You Should All Be Fired'

The Huffington Post | Harry Bradford | Posted 10.09.2011 | Business

On Tuesday, less than a week after Standard and Poor's downgraded U.S. credit for the first time in history, a plane circled lower Manhattan with a ba...

'Pretty Darn F**ked' And Other Big-Name Reactions To Downgrade

The Huffington Post | Harry Bradford | Posted 10.08.2011 | Business

When Standard and Poor's decided to downgrade U.S. credit for the first time in history on Friday, it set off a firestorm of commentary, bringing out ...

Top S&P Official: U.S. Has 1 In 3 Chance Of Another Downgrade

AP | Posted 10.07.2011 | Business

WASHINGTON -- A Standard & Poor's official says there is a 1 in 3 chance that the U.S. credit rating could be downgraded another notch if conditions e...

Tea Party's War on America

New York Times | JOE NOCERA | Posted 10.02.2011 | Business

These last few months, much of the country has watched in horror as the Tea Party Republicans have waged jihad on the American people. Their intransig...

U.S. Economy Performing Much Worse Than Earlier Reported

Sheldon Filger | Posted 10.01.2011 | Business
Sheldon Filger

What conclusions can one draw from this miserable economic data? Two things come to mind.

Hiring By The Auto Industry Might Drive U.S. Recovery: Survey

Posted 10.01.2011 | Business

(Clare Baldwin) - The auto industry could lead an economic recovery in the United States, according to a recent survey by audit, tax and advisory ...

Consumer Confidence Rattled By Debt Deal's 'Dire Economic Consequences'

Posted 09.28.2011 | Business

Consumer sentiment fell in July to its lowest point in more than two years, as anxieties over stagnant wages and rising unemployment deepened, a s...

Conflicting Statements On Euro Zone Deal Unsettle Markets

Posted 09.26.2011 | Business

(Paul Taylor) - Contrasting statements by euro zone politicians to domestic audiences have underlined the fragility of last week's deal to rescue ...