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Americans’ Tax Burden Near Historic Low
As thousands of anti-tax protesters rallied across the nation yesterday and the president promised tax cuts for most, new data showed that the federal income tax burden is already hovering near its lowest level in three decades for all but the wealthiest Americans. More: continued here
Continue reading...Fed Report Sees Some Signs of U.S. Economic Recovery
16. April 2009
Although the U.S. economy saw some slivers of improvement in some pockets of the country, the Federal Reserve today said that “overall economic activity contracted further or remained weak.” In keeping with some mild optimism expressed yesterday by President Obama, the new report today showed some… More: continued here
Continue reading...Reinventing Regulation
16. April 2009
During President Obama’s speech yesterday on the economy at Georgetown University, it was hard to miss that the biggest applause lines were those that criticized Wall Street for reckless risk-taking and squandering so much wealth and talent. To make sure it never happens again, the president… More: continued here
Continue reading...Obama: Economy Gaining Traction
16. April 2009
The president and the Federal Reserve chairman voiced cautious optimism yesterday that the economy could be beginning to stabilize. But the economy wasn’t cooperating. More: continued here
Continue reading...At Summit of Americas, U.S. May Face World of Blame for Economy
15. April 2009
President Obama plans to take his message of partnership to Latin America and the Caribbean this week, but he will face a group of leaders far less forgiving than their European counterparts were about the United States’ central role in the global financial crisis. More: continued here
Continue reading...U.S. Stocks Fall on March Retail Sales
15. April 2009
Stock markets fell today despite encouraging remarks from President Obama and Federal Reserve Chairman Ben S. Bernanke. But the markets might have been guided more by new government data that showed retail sales fell unexpectedly in March. More: continued here
Continue reading...In Georgetown Speech, Obama Offers Cautious Optimism
14. April 2009
President Obama today laid out a vision for a new era of U.S. economic prosperity and called on the nation to “get serious” about reforming entitlement programs such as Medicare, Medicaid and Social Security — reform that he said starts with overhauling the American health care system. More: continued here
Continue reading...Bernanke is Becoming “Anti-Greenspan” said Barney Frank
13. April 2009
This video features the footage of the interview with Rep. Barney Frank at The Bloomberg. The interview ran about the mortgage crisis. As the Congressman said to his interview Bernanke is Becoming "Anti-Greenspan".
Continue reading...How Bernanke Staged a Revolution
10. April 2009
Every six weeks or so, around a giant mahogany table in an ornate room overlooking the National Mall, 16 people, one after another, give their take on how the U.S. economy is doing and what they, the leaders of the Federal Reserve, want to do about it. More: continued here
Continue reading...Inside the Fed’s Trillion-Dollar Decision: Crisis Outweighed Inflation Fears
10. April 2009
Worries about a prolonged economic slump and a lack of progress in thawing frozen credit markets persuaded Federal Reserve leaders last month to inject more than a trillion dollars into the economy, according to meeting minutes released yesterday. More: continued here Powered by SmartRSS
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20. April 2009
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