Tina Dupuy: Sure it “takes a family” to write a book – but it “takes a woman” to make you look less like a sad desperate relic.
Do State-Owned Banks Violate State Constitutional Provisions? No
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Ellen Brown: The recent interest in state-owned banks has provoked challenges on grounds that they violate state constitutional prohibitions against lending the credit of the state. The argument is not valid.
A Jubilee for Student Debt?
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Ellen Brown: Eliminating, reducing, or deferring student loan debt will free up the budgets of millions of students, allowing them to spend more on goods and services, increasing demand and creating jobs, and adding to tax revenues.
Blacks and Latinos Will Suffer When the Student Debt Bubble Bursts
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David Love: There is every indication that the bursting of the student debt bubble, like the housing bubble before it, is imminent. And when it happens, it will send shockwaves throughout the financial markets. People of color will be especially vulnerable.
Why S&P Has No Business Downgrading the U.S.
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Robert Reich: S&P’s intrusion into American politics is also ironic because, as I pointed out recently, much of our current debt is directly or indirectly due to S&P’s failures (along with the failures of the two other major credit-rating agencies — Fitch and Moody’s) to do their jobs before the financial meltdown.
7 Myths That Drive the Debt Ceiling Debate
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Adam Eran: The metaphors that frame the current Federal budget and debt ceiling debates are completely inaccurate, and if the media coverage is any indication, the public has swallowed them hook, line and sinker, too.
Warren Congressional Foe in Bed with Banksters
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Lee Fang: Rep. McHenry received $63,800 from lobbyists and executives from banks, mortgage companies, payday lenders, and other predatory lenders in the last three months alone.
The Day the GOP Shot Ol’ America Down
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Ted Vaill: In less than a month, unless they relent in their effort to destroy the American (and the world) economy to curry favor with their Tea Party wing, the Republicans in Congress will cause the American government to default on its debt, on August 2, 2011 or thereabouts.
Bank Errors Cause Damage to Credit, Distress to Homeowners
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Marian Wang: Some consumers have been surprised to see damage to their credit score after requesting information from the banks.
What Should Be Done With The Next $350 Billion of Taxpayer Bailout Money: Criteria for TARP II
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It’s difficult to make the case that the first $350 billion bailout of Wall Street — so-called “TARP I” — fulfilled its goals, unless one argues that the Street would have imploded without it, which is pretty much what Hank Paulson is saying these days. And since it’s impossible to prove a counter-factual, especially when [...]
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