Debt

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Time for Tax Hikes

Larry Beinhart | Posted 01.08.2009 | Politics

Read More: Eisenhower, Debt, Pelosi, Truman, National Debt, Dwight Eisenhower, Economics, Taxes, Obama, Roosevelt, Politics News

Unless we rebuild the economy it will not generate enough money to create the revenue stream to pay our debts. Why are we so resistant to raising taxes?

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Conspiracy of Silence: Wage Collapse Caused Crisis

Jonathan Tasini | Posted 01.06.2009 | Business

Read More: Greed, Financial Crisis, Debt, Minimum Wage, Wages, Unions, Working Life, Working Class, Business News

If the lines had continued to track closely together as they did prior to the 1970s, the minimum wage would be more than $19 an hour.

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2009: "We Are the Ones We Have Been Waiting For"

Robyn O'Brien | Posted 01.05.2009 | Living

Read More: Corruption, Debt, Politics of Food, Children, Health, Allergykids, Envrionmental Working Group, No Child Left Behind, Environment, Jett Travolta, John Travolta, Healthy Child Healthy World, Living News

We are mothers, fathers, creators and nurturers. We are teachers, lawyers, accountants and writers. And the future rests in our resiliently remarkable hands.

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US Debt May Soar By $2 Trillion In 2009

Washington Post | Lori Montgomery | Posted 01.03.2009 | Business

Read More: US Debt, Debt, Economic Stimulus, National Debt, Us Treasury, Business News

With President-elect Barack Obama and congressional Democrats considering a massive spending package aimed at pulling the nation out of recession, the...

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New Year's Resolution

Roseanne Colletti | Posted 12.31.2008 | Business

Read More: Debt, Finance, Money, New Year, Economy, Spending, Budget, Resolution, Savings, Cash, Business News

Do you even remember what you resolved to do in 2008? Even if you don't, there's nothing to be gained by beating yourself over the head with the old year.

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Credit Is Key To Stopping Financial Crisis In 2009

New York Times | ERIC DASH and VIKAS BAJAJ | Posted 12.31.2008 | Business

Read More: Debt, Credit, 2009 Economy, Finance, Economy, Banks, Financial Crisis, Credit Crisis, Business News

The financial crisis began in the credit markets, and eventually it will end there. But as the financial industry rounds out one of the most wrenching...

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Is Your Debt Naughty or Nice?

Manisha Thakor and Sharon Kedar | Posted 12.15.2008 | Business

Read More: Personal Finances, Consumer Debt, Budgeting, Saving, Debt, Household Debt, Personal Finance, Economy, Financial Crisis, Elizabeth Warren, Consumer Spending, Recession, Consumer Confidence, Saving Money, Personal Debt, Business News

For the first time in over 50 years, it is clear that "debt" has finally come to be seen for what it is, a four letter word that should be used with extreme caution.

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Hi My Name is America and I'm a Credit Addict: 12-Step Program for the Financial Crisis

Hoyt Hilsman | Posted 12.12.2008 | Business

Read More: Debt, Recovery, Hank Paulson, Economy, Barney Frank, Congress, Obama, Mortgage Crisis, Credit Cards, 12-Step, Mortgage, Credit, Unemployment, Financial Crisis, Banks, Economic Recovery, Business News

In light of all the six-step, eight-step and ten-step proposals floating around Washington, I thought I'd offer the following twelve-step program for recovery from the financial crisis.

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KB Toys Files For Bankruptcy Protection

AP | MAE ANDERSON | Posted 12.11.2008 | Business

Read More: Toys, KB Toys Bankruptcy, Debt, KB Toys, Bankruptcy, Economy, KB, KB Toys Bankrupt, Business News

NEW YORK — In another sign of the grim holiday season, KB Toys filed for bankruptcy protection for the second time in four years on Thursday and...

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Christmas Revolution!

Reverend Billy | Posted 12.09.2008 | Green

Read More: Holidays, Debt, Reverend Billy, Monoculture, Wwjb?, Shopping, Recession, Christmas, Green News

Our images of happiness are becoming self-made again, coming from within our loving relationships. Our dreams, memories and our imaginations are still independent from the market.

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The Banks Don't Trust Each Other, So Why Should We?

Sarah van Gelder | Posted 12.09.2008 | Business

Read More: Debt, Wall Street Bailout, Bailout, Money, Economy, Federal Debt, Banks, Banking Crisis, Barack Obama, Business News

In spite of the $150 billion-plus of U.S. taxpayers' money, they are still not lending money; credit markets are stalled. Maybe they understand better than anyone just how untrustworthy they are.

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TARP Not Easing Lending

Houston Chronicle | Posted 12.08.2008 | Business

Read More: Debt, Small Business, Credit, Bailout, Finance, Lending, Economy, Tarp, Business News

Kurt Lieber feels as if he's had the TARP pulled out from under him. As the owner of Werther International, a Houston company that sells air compre...

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US Recession May Be Worst Since World War II

Huffington Post | Nicholas Graham | Posted 12.06.2008 | Business

Read More: Robert Reich Depression, Debt, Robert Reich, Economy, Us Recession World War II, US Recession, Recession, Business News

Bloomberg News reports that the massive job losses in the U.S. last month signal the nation may be headed towards its worst recession since World War ...

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Lasting Homeowner Help? Try (Financial) Fishing Lessons

Manisha Thakor and Sharon Kedar | Posted 12.05.2008 | Business

Read More: Debt, Household Budgets, Saving Money, Personal Debt, Household Debt, Personal Finance, Housing Crisis, Economy, Treasury Department, Financial Crisis, Henry Paulson, The Bailouts, Federal Reserve, Ben Bernanke, Business News

As a nation, we have lost our financial way. Founded in the principles of thrift, frugality, and hard work, our beloved country has morphed into a giant financial couch potato.

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Employers Shedding Jobs As Recession Deepens

AP | JEANNINE AVERSA | Posted 12.05.2008 | Business

Read More: Employers Jobs, Debt, Pink Slips, Economy, Labor Department, Recession Jobs, Personal Finance, Financial Crisis, Business News

WASHINGTON — An alarming half-million American jobs vanished virtually in a flash last month, the worst mass layoffs in over a third of a centur...

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Peaceful Revolution: The Kitchen Table

Elizabeth Cox | Posted 12.04.2008 | Living

With many facing the worst economic crisis in a generation, there is no better time to open up communications with your loved one than now.

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The Banking Industry Wants To Help You!

Dean Baker | Posted 12.03.2008 | Business

Read More: Bailout, Economy, Housing Crisis, Debt, Subprime Mortgage Crisis, Housing Bubble, Economic Crisis, Business News

The banking industry (at least the folks not yet in jail) has a great plan to make home buying affordable and stabilize house prices. Let's give the bankers latest scheme a little thought before embracing it this time.

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Dr. Strangelove & Loving the Recession

Ike Eze | Posted 12.02.2008 | Living

Read More: Bailout, Recession, Strangelove, Debt, Economy, Economic Crisis, Living News

Get active, take stock of your life, and determine the impact you can have on changing it. Here's a quick list to help you out with that.

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Robert Rubin: Coward or Liar -- or Both?

Jonathan Tasini | Posted 11.29.2008 | Politics

Read More: Citibank, Robert Rubin, Financial Crisis, Debt, Working Life, Housing Crisis, Dean Baker, Bill Clinton, Economy, Treasury, Economic Crisis, Politics News

It's Judgment Day. Rubin needs to get a pink slip and stand on the unemployment line with the vast sea of people he helped put there.

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The Trillion Dollar Scare Tactic

Bill Scher | Posted 11.24.2008 | Business

Read More: Infrastructure, Debt, Deficit, Public Investment, Stimulus, Spending, Deficit Spending, Financial Crisis, Business News

Flashing a trillion dollar deficit bugaboo is a meaningless scare tactic. Let's have a real debate on the merits of the specific public investments proposed.

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Citigroup Brought To Its Knees

New York Times | ERIC DASH and JULIE CRESWELL | Posted 11.22.2008 | Business

Read More: Citigroup Trouble, Debt, Bailout, Economic Crisis, Finance, Wall St Crisis, Economy, Citigroup Government Help, Financial Crisis, Wall Street, Citigroup, Business News

In September 2007, with Wall Street confronting a crisis caused by too many souring mortgages, Citigroup executives gathered in a wood-paneled library...

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Stressed About Money? Save, Baby, Save...

Manisha Thakor and Sharon Kedar | Posted 11.22.2008 | Business

Read More: Money, Budgeting, Finanical Stress, Economic Turmoil, Saving, Economic Crisis, Recession, Debt, Credit Cards, Money Management, Business, Personal Finance, Economic Challenge, Personal Finances, Business News

Together we can "Save, Baby, Save" -- not just our money but perhaps also our souls.

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FDIC Tries To Break Lending Logjam With $1.4 Trillion Guarantee

AP | MARCY GORDON | Posted 11.21.2008 | Business

Read More: Fdic, FDIC Banks, FDIC Funds, Debt, Banks, Banking Crisis, Banking, Business News

WASHINGTON — The FDIC will guarantee up to $1.4 trillion in U.S. banks' debt for more than three years as part of the government's financial res...

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Microsoft May Sell Bonds: MediaBytes with Shelly Palmer November 21, 2008

Shelly Palmer | Posted 11.21.2008 | Media

Read More: Blackberry, Debt, Verizon, Bankruptcy, Sirius, Bonds, Microsoft, salesforce.com, Storm, Mediabytes, Xm, Research in Motion, Yahoo, Shelly Palmer, Media News, Rim, Sony, Media News

Microsoft is may issue bonds for the first time. Considering Microsoft has a top credit ranking from both the S&P and Moody's, if Redmond were to is...

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1-Cent Debt Paid In Full, Threat Of Lien Dropped

AP | Posted 11.19.2008 | Business

Read More: Debt, 1-Cent Debt, Penny Debt, Lien, Business News

ATTLEBORO, Mass. — A 74-year-old blind woman's 1 cent debt to a Massachusetts city has been settled. People from across the country called Attle...

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