The crisis that almost brought about the fall of civilization as we know was started by unscrupulous Wall Street bankers and brokers who knew that any risk they incurred would be passed on to somebody else. After the federal government stepped in and prevented a financial catastrophe, many observers believed that a new, sobered...
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The news from throughout the country has been discouraging. Unemployment hit 9.5%, while real unemployment hovers around 16.5%. Over two million jobs have been lost since Mr. Obama took office. Foreclosures are rising, while economists expect 1.5 million people to file bankruptcy this year. Many states are facing severe...
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Despite the passage of the stimulus package, the proposed Homeowner Affordability And Stability Plan, and the feverish bank bailout negotiations, the economy continues to free fall. The tentative unemployment numbers for February are dire. According to preliminary reports, another 650,000 individuals were laid off last month. ...
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