Unemployment Extension In Spotlight As Obama Blasts GOP Filibuster Of Jobless Aid First Posted: 07-19-10 11:55 AM   |   Updated: 07-19-10 02:07 PM   President Obama used his bully pulpit Monday to blast Republicans for holding up a bill to reauthorize extended unemployment benefits, one day before the Senate will try once again to restore […]

The financial bill cleared the Senate by a vote of 60 to 39, and is to be signed into law by President Obama next week. Among its other provisions, the 2,300-page piece of legislation creates a consumer protection office housed within the Fed, it establishes a registered derivatives exchange that will shed light on an […]

The worshipper of low taxes & unabated free markets may be trying to make amends for his policies that facilitated the Tech Bubble, The Real Estate Bubble, and financial environment that brought us to the brink. Greenspan backs end to Bush tax cuts By Robin Harding in Washington Published: July 17 2010 01:37 | Last […]

  As Republicans in the House announce their intentions to repeal the soon-to-be-signed financial regulatory reform bill, a Democratic source sends over the public reaction to the GOP’s other major repeal effort. A Bloomberg News poll released on Wednesday shows that a full 61 percent of respondents don’t have interest in repealing the health care […]

It continues to amaze me that learned men in economics at the Federal Reserve are so ideologically tied to our corrupt form of capitalism that they cannot see that we have sowed the seeds of our employment condition. The reality is corporations are saturated with cash. President Obama’s policies are not the reason why they […]

The Tea Party movement will never attract a substantial amount of minorities and progressive whites until it makes intellectually honest arguments as opposed to carnal gut issues that attempts to divide us. Viewers are encouraged to subscribe and join the conversation for more insightful commentary and to support progressive messages. Together, we can populate the internet with […]

While this article by itself should be enough to ensure not only that Democrats would hold both houses but gain seats, Democrats have been inept at continuously getting their talking points aired on all media outlets. Moreover, when on the Fox News Network, they are never ready with precise factual bullet points that would make […]

  HuffPost editor Roy Sekoff taped a segment for "The Joy Behar Show" on CNN Headline News Tuesday addressing President Obama’s sinking approval ratings. That story, Sekoff told Behar, is a function of the other top news of the day: 26 million unemployed or underemployed Americans, a wave of foreclosures, ramping up in Afghanistan and […]

  NEW YORK (AP) — The credit scores of millions more Americans are sinking to new lows. Figures provided by FICO Inc. show that 25.5 percent of consumers — nearly 43.4 million people — now have a credit score of 599 or below, marking them as poor risks for lenders. It’s unlikely they will be […]

We saved the bankers from falling off the brink with tax payer dollars. For that we got bankers borrowing their monies at 0.25% while charging credit card owners 12% and not risking on small established business. For that we got basic savings accounts paying 0.1%. Just as banks could have thrown us off the brink, […]