Us Economic Crisis

Young in America

David D. Burstein | Posted 10.15.2009 | Politics


David D. Burstein

By most indicators young people are the most adversely affected age group by the economic crisis, the most at risk when it comes to health care coverage, and the deepest in debt.

American Obsession With Rich Explains Bloomberg: Guardian

The Guardian | Hadley Freeman | Posted 10.14.2009 | New York


It's not that Americans are obsessed with people with money, exactly; it's that they are obsessed with how those people made that money and, more impo...

Artists Brighten Empty Storefronts During Gloomy Recession

nytimes.com | Diane Cardwell | Posted 10.13.2009 | New York


At the end of a dark passageway at the Port Authority Bus Terminal, almost 50 artworks have suddenly parked in a bright, spare gallery. ...

California Attorney General Brown To Launch Investigation Into Rating Agencies' Role In Fueling The Financial Crisis

The Huffington Post | Posted 09.16.2009 | Business


California AG Jerry Brown joins the ranks of Attorneys General to scrutinize the disastrous role the credit rating agencies played in the financial cr...

World Job Market Showing Signs Of Recovery

The Guardian | Kathryn Hopkins | Posted 11.08.2009 | World


Britain's employers are reporting improved recruitment plans for the first time in three years, offering a "glimmer of hope" to jobseekers in the run-...

The Health Care Bubble: The Status Quo Is Unsustainable

Louise Marie Roth | Posted 09.05.2009 | Politics


Louise Marie Roth

Defenders of the status quo seem unable to see the big health insurance bubble for what it is: an unsustainable, out-of-control behemoth headed for a huge collision.

Dollar Doomed, Gold Glitters

Diane Francis | Posted 06.06.2009 | Business


Diane Francis

In a G2 world (the US and China), he who is the piper calls the tune and China holds a US$2-trillion mortgage on the U.S. and is not happy.

Total jobless benefit rolls top 5.5M

AP | CHRISTOPHER S. RUGABER | Posted 04.26.2009 | Business


WASHINGTON — The number of laid-off Americans filing initial jobless benefit claims rose slightly last week while the number of people continuin...

Jobless rolls swell again as recession persists

AP | JEANNINE AVERSA and CHRISTOPHER S. RUGABER | Posted 04.26.2009 | Home


WASHINGTON — Hopes that the economy may be poised for a recovery got a splash of reality Thursday: The unemployment rolls are still getting bigg...

Fed Pres Lockhart: One Month Of Good News Is Not A Recovery

Reuters | Posted 04.26.2009 | Business


PARIS (Reuters) -- One month of improved data does not constitute an economic recovery and recession in the United States will last for at least a few...

World Government

Scott Malcomson | Posted 04.18.2009 | World


Scott Malcomson

The FT columnist Gideon Rachman wrote a column a couple of months ago about the need for world government, and he got more and different readers than ...

Strange Times: Good News Would be Big News

Tim Berry | Posted 04.11.2009 | Media


Tim Berry

This isn't "the media," it's the reality. We've got the Dow tanked, the banks teetering, property values down, stocks and bonds down, huge unemployment, falling profits. This is a real storm.

When Did Debit Cards Become #@*!ing Credit Cards?!

Cecilia Michelson | Posted 04.07.2009 | Business


Cecilia Michelson

Now I see that perhaps banks didn't care to explain the terms very carefully to borrowers who perhaps weren't educated enough to do the research themselves.

The Politics of Bank Nationalization

Jay Mandle | Posted 03.25.2009 | Business


Jay Mandle

Nationalizing failed banks will not be an easy sell. The country has had a long romance with markets and the residue of that infatuation persists among significant segments of the population.

Congress and Administration Reach Deal on Economic Stimulus Plan

William Galston | Posted 03.18.2009 | Politics


William Galston

Sooner or later, the administration will have to level with the people, and then make the case for a financial rescue package the magnitude of which will make the stimulus package look like pocket change.

Everything is Not Going to be Ok

Stephen Josephson | Posted 03.09.2009 | Living


Stephen Josephson

This is an incredible opportunity to look at our lives with an unjaundiced eye and really think about what you want to do in your life.

Where is Maury the Accountant?

Miles J. Zaremski | Posted 03.09.2009 | Politics


Miles J. Zaremski

Why can't Obama, or even those who oppose him on his economic plan, tell us, line by line, what all is contained in the package, and why his administration says we need it!

Becoming A Dominatrix To Supplement Income

The Daily Beast | Tracy Quan | Posted 03.09.2009 | Business


As the economy takes a spanking, many women are turning to freelance fetish work to supplement their incomes. "I've seen it before," says Linda, "dur...

Capitalists, Socialists, and OPM

Bob Rice | Posted 03.07.2009 | Business


Bob Rice

There's nothing wrong with Wall Streets's "eat what you kill" mentality. Except the bankers must remember that, in the wild, if the Tribe doesn't survive, no one eats at all.

A Sudden Conversion to Fiscal Conservatism

Jeff Schweitzer | Posted 03.04.2009 | Politics


Jeff Schweitzer

Republicans are arguing about what dishes to set out on the Titanic instead of lowering the life boats.

Get Business Tax Cuts Out of the Stimulus Plan

Ross Eisenbrey | Posted 02.07.2009 | Politics


Ross Eisenbrey

The money in this economic stimulus package is a small down payment on what is needed to give the U.S. the world class infrastructure we need.

Our Oil Reserves Are Depleted; It's Time for Utopia

Jim Schumacher and Debbie Bookchin | Posted 01.25.2009 | Green


Jim Schumacher and Debbie Bookchin

With oil virtually at an end, what better time to re-examine the economic paradigm that allowed us to think we could use up finite resources and just "grow" forever?

NASCAR Car of Yesterday: Emblematic of the Detroit Problem

Dawn Teo | Posted 01.04.2009 | Business


Dawn Teo

Instead of taking advantage of cutting edge technology, American automakers and NASCAR tap into obsolete technology that even car consumers aren't buying anymore.

What's Gold Got To Do With It: China's Post-Olympic Identity

Chi Tung | Posted 11.14.2008 | Politics


Chi Tung

Winning more golds than anyone else is exactly the kind of paradoxical achievement that enables New China to keep marching to the beat of its own hollow drum

Wall Street greed and contributions should be illegal

Diane Francis | Posted 10.19.2008 | Business


Diane Francis

In 2006, the big five Wall Street firms handed out bonuses to their worldwide employees equivalent to the GDP of Vietnam or about $70 billion. Now to ...