Tag Archives: crisis

Pearl Korn: The President’s 2013 Budget Shifts the Focus to Growing the Economy and the Middle Class

Of course, Boehner and McConnell and their cronies are already crying “foul” that the budget is all election year pandering by the president without a snowball’s chance of being passed, since not enough is being offered to reduce the deficit. All smoke and mirrors and accounting tricks is their numbing refrain. Read more: Taxes , Congress , Mitch McConnell , John Boehner , Payroll Tax Cut , Budget , Middle Class , Mitt Romney , Democrats , Greek Debt Crisis , Barack Obama , Buffett Rule , Austerity , Bush Tax Cuts , Deficit , Unemployment , Greece , Conservatives , Warren Buffett , Tea Party , Republicans , Politics News Continue reading

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Michael Linden: Did the Stimulus Work?

President Obama’s political opponents insist that the stimulus did nothing to help the economy and some even claim that it made things worse. The numbers, and a newly released video, tell a very different story. Read more: U.S. Continue reading

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Michael Linden: Did the Stimulus Work?

President Obama’s political opponents insist that the stimulus did nothing to help the economy and some even claim that it made things worse. The numbers, and a newly released video, tell a very different story Continue reading

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This Just Isn’t ‘Sexy’ Anymore

President Obama has made it a top priority to bring manufacturing jobs back home to the United States. But if he succeeds, he might have a tough time … Read more: Jobs Crisis , Video , Unemployment , Youth , President Barack Obama , Unemployment Crisis , Manufacturing , Jobs , Young People , Youth Unemployment , Barack Obama , Manufacturing Jobs , Business News Continue reading

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Adam Levin: Mortgages, Greece & Obama’s Budget: The Global Financial Literacy Crisis

Once upon a time in America, Greek was routinely included in the curriculum of a liberal arts education. Today, we don’t necessarily need to speak the language, but we do need to better understand what’s happening. Read more: Greece Austerity , Consumer Financial Protection Agency , Barack Obama , Obama Foreclosure Plan , Greece Debt Crisis , Business News Continue reading

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Michael Hughes: Pakistan’s Colonial State of Mind Keeps Baloch in Chains

American politicians were quick to condemn monsters like Gaddafi for human rights atrocities but are still reluctant to do the same with Pakistan. There isn’t a military solution to this crisis. Read more: Punjab , Human Rights , World , Baloch , Pakistan , Balochistan , British Imperialism , Barack Obama , State Department , World News , Afghanistan , World News Continue reading

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Dennis M. Kelleher: Protect Taxpayers Now With a Strong Volcker Rule

The argument for the Volcker Rule is obvious — we shouldn’t allow risky bets that pay enormous bonuses to bankers if they work, but stick taxpayers with the bill if they fail. Read more: Dodd-Frank Act , Hedging , Derivatives , Financial Reform , Bailouts , Derivatives Reform , Derivatives Regulation , Market Making , Big Banks , Paul Volcker , Volcker Rule , Barack Obama , Wall Street Crisis , Proprietary Trading , Wall Street Bailouts , Wall Street , Banks , Financial Crisis , Derivatives Trading , Financial Regulation , Business News Continue reading

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Mortgage Settlement Makes Fresh Promise To Curb Bank Bad Behavior

As part of the $25 billion mortgage fraud settlement announced Thursday, five of the biggest U.S. banks promised to end practices that have led to bot… Read more: Bank Regulation , Foreclosure Crisis , Hamp , Loan Modifications , Mortgage Settlement , Mortgage Modification , Robo-Signing , Obama , National Mortgage Settlement , Housing Crisis , Foreclosure Help , Business News Continue reading

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Dennis M. Kelleher: Robo-Signing Bank Settlement Is a Criminal Sell Out

The banks engaged in a years’ long pattern of what can only be described as fraudulent if not criminal conduct that would put anyone else in prison for years if not decades, yet banks get to buy off the cops with some money to help just a few of the victims they created. Read more: Perjury , Sell Out , Investigations , Wall Street , Eric Schneiderman , Courts , Robo-Signing , Financial Reform , Lawsuits , Criminal , Mortgage Fraud , Financial Crisis , Settlements , Foreclosure Fraud , Barack Obama , Business News Continue reading

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Dennis M. Kelleher: More Unconscionable Wall Street Whining

Ignoring all evidence and facts, Wall Street is reported to be “an industry that the White House has thoroughly and repeatedly demonized and demoralized” — what? Read more: Wall Street Bailout , Poverty , Financial Reform , Middle Class , Wall Streeet , Obama , Recession , Austerity , Campaign Finance , Middle-Class Squeeze , Campaign Finance Reform , Occupy Wall Street , Financial Crisis , Obama Fundraising , Fundraising , Wall Street Bonuses , Financial Regulation , Business News Continue reading

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