Debt cap row threatens confidence in US: Bernanke
Posted on June 14, 2011 by
Failure to raise the US debt ceiling in a timely manner could sink investors’ confidence in the economy, Federal Reserve chief Ben Bernanke warned Tuesday.
Continue ReadingPosted on June 14, 2011 by
Failure to raise the US debt ceiling in a timely manner could sink investors’ confidence in the economy, Federal Reserve chief Ben Bernanke warned Tuesday.
Continue ReadingPosted on February 27, 2011 by
The long-slumping economy has been a boon to debt collectors, yet it’s become an even bigger windfall for the lawyers who sue them. Federal laws designed to protect consumers from abusive and unscrupulous debt collectors have become the tool for the newest form of “slip-and-fall” lawsuit.
Continue ReadingPosted on December 26, 2010 by
Now our economy is facing the biggest student loan debt bubble in the history of the world, and when our new college graduates enter the “real world” they are finding out that the good jobs they were promised are very few and far …
Continue ReadingPosted on August 18, 2010 by
Yesterday Robin and I were talking about the implications of a balance-sheet view of the economy’s troubles, and realized that it makes a strong case for using Fannie and Freddie to bring down homeowners’ debt burdens. …
Continue ReadingPosted on December 31, 2009 by
This package is designed to reduce debt that is faced by many people during the collapse of the economy. Jobs were lost and bills became harder to pay.
Continue ReadingPosted on December 15, 2009 by
Fiscal Errors: The U.S. government’s unprecedented spending splurge, with no end in sight, is creating a mountain of debt that endangers both our economy and way of life. Can something be done about it?
Continue ReadingPosted on August 3, 2009 by admin
AB asked: My wife and depecndent child received their SSN this year. I filed tax return jointly with my wife but forgot to change her (and our dependendent sons) ITIN with SSN number. To receive economy stimulus package can we resubmit the tax return changing ITIN to SSN. Also how this could be done?
Continue ReadingPosted on July 7, 2009 by
Eighteen months into a deep recession triggered by a credit bubble, consumers have made little progress shrinking a mountain of debt. Until they do, the economy will struggle to grow likely for years.
Continue ReadingPosted on April 11, 2009 by
April 10 — Treasury 10-year notes fell for a third week as the government’s sale of $59 billion in debt and signs the economy is stabilizing diminished the safety appeal of U.S. securities.
Continue ReadingPosted on March 14, 2009 by admin
twisno1 asked: Do they just accept the loss or raise the prices of their goods and pass the tax burden on to the consumer. P.S. This is a pretty easy question to answer if you have any knowledge of the economy whatsoever unlike most Democratic constituents.
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