Recession

Don't You Dare: Rumors Flying That Obama Will Ask For Safety Net Cuts
Having seen their mistake before, senators preempt Obama on suggesting cuts to safety net are solution to budget issues. Read more...
Another Casualty Of This Goddamned Recession
It's never just one thing that pushes someone over the edge. But losing a good paycheck doesn't help. Read more...
This recession is creating a long-term problem with cognitive decline. Read more...
Geithner Joins Private Equity Firm. Shocker, Right?
Geithner, who played a central role in the government’s response to the financial crisis of 2008-2009, is joining private equity firm Warburg Pincus LLC. Read more...
Senator Bernie Sanders: The War On The Poor
As the recession’s impact has lingered, 1 in 7 Americans are now on food stamps. Read more...

↓ More items below ↓
 Income Inequality At Record Levels
The top 10 percent of earners took more than half of the country’s total income in 2012, the highest level recorded ever. Read more...
Video: A record 6 million people -- or 27.2 percent of the population -- are unemployed in Spain, the highest level for the country since it began keeping records in 1976. Read more...
Despite the Obama administration's up-front concessions on Social Security and Medicare, GOP leaders including John Boehner continue to insist "the President got his tax hikes in January" and "the discussion about revenue is over." But as a quick glance at U.S. budgets past and future shows, the discussion over tax revenue should be far from over. Here are 10 reasons why. Read more...
Another Saturday, another segment on Faux News where they're attacking the poor and food stamp recipients, which, other than attacking union members, seems to be one of their favorite past times during their so-called "business block," From Cavuto on Business, after Cavuto opens the segment dismayed about all of the people "on the dole" still receiving food stamps and guest Dagen McDowell carrying on about how this is proof that "big government" is out of control, we got this bit of nastiness out of regular, Charles Payne: Read more...
When the greed, recklessness, and illegal behavior on Wall Street drove this country into the deepest recession since the 1930s, the largest financial institutions in the United States took every advantage of being American. They just loved their country - and the willingness of the American people to provide them with the largest bailout in world history. In 2008, Congress approved a $700 billion gift to Wall Street. Another $16 trillion in virtually zero interest loans and other financial assistance came from the Federal Reserve. America. What a great country. Read more...