Mark Dempsey: One Modern Monetary Theory economist suggests sending each American household $50,000 to pay down debts, which would not only be cheaper than the $16-$29 trillion Wall Street bailout, it would bail out Main Street instead of the banks.
Mark Dempsey: Why does the Finance, Insurance, Real Estate sector, whose frauds caused the current economic meltdown, get trillions at the drop of a hat, and social safety net programs and revenue sharing with states, whose needs are far more modest, get the “one-finger salute”?
Steven Hill: When the true size of Greece’s deficit was revealed to the world, the bonds markets went berserk. The interest rates on Greece’s sovereign debt spiked to unheard of proportions, threatening the solvency of the government, and the rest is history.
Treva Brandon Scharf: Engaging in regular intense exercise not only strengthens the body, it strengthens your resiliency. It toughens you up, it builds character, and it can power you through your most pressing concerns.
Derek Cressman: While elites on both sides are preparing this proxy battle of issues for the fall elections at the federal level, the idea of voters directly weighing in about a specific issue is being threatened in California.