Prof. Elizabeth Warren, who is starting up the new U.S. Consumer Financial Protection Bureau, is either Joan of Arc or Joan Rivers — depending upon your point of view.
We are all Wisconsin badgers now. If collective bargaining goes, forget about personal economic progress for middle class Americans.
It’s hard to climb out of an abyss in which you’ve predicted that the Dow Jones Industrial Average would hit 36,000 — only to see it crash twice and get pinned to the mat for years. James Glassman was one of the many bubbly U.S. stock cheerleaders who recommended stocks for the long term at the wrong time.
What should big banks be doing now? Should they focus on mortgages, savings and business loans? Or have they crossed the Rubicon and continue to build their international portfolios? We’re in a time of reckoning and small can still be beautiful.
It’s been over a month since the Arizona shootings rocked our nation’s soul and Congress still has yet to address gun control. What gives? Egypt is no doubt at the forefront for Obama, but Congress is alarmingly quiet on the issue. Is it that a Supreme Court ruling last year and the power of the National Rifle Association are still unmovable obstacles to real reform? Only New York Mayor Michael Bloomberg seems to be beating the drum for this serious issue.
Somehow I don’t think President Obama had the home-mortgage interest deduction in mind when he mentioned the U.S. tax code before the U.S. Chamber of Commerce this week.
Late-night infomercials and Internet ads are like sirens, calling would-be trading wizards with this alluring pitch: “You, too, could make a fortune trading currencies!”