T. Boone Pickens, a Texan oil tycoon, has made it his mission to promote massive new investment toward alternative energy sources. Pickens discusses his plan and efforts to make energy independence a central issue in the fall campaign. Continue reading
Question/Comment: What can be done about the fact that in today’s unemployment statistics, there are only four times as many whites unemployed as blacks, despite there being six times as many whites in the labor force? Paul Solman: According to … Continue reading
- The “experts” all seem to be on the side of the status quo. Why can’t we hear from people inside the industry who really want to reform it?
Question/Comment: With all the discussion of the mortgage crisis, there is still hardly any mention of actually cleaning up the mortgage industry. The “experts” all seem to be on the side of the status quo, but maybe this is contributing … Continue reading
- Do you believe that some of the run up in oil prices is based on speculation in the commodoties markets?
Question/Comment: Do you believe that some of the run up in oil prices is based on speculation in the commodities markets? My understanding is that the amount of funds et al. playing in oil futures has risen more than 70 … Continue reading
Question/Comment: Not long ago, writing mortgages required private mortgage insurance (PMI) if the borrower’s equity in the property was below a certain percent of market level. Usually, PMI could be discontinued when the borrower’s equity in the property rose above … Continue reading
As near-daily reports of housing woes — from lenders and homebuyers alike — grip the United States, community-based programs around the country are continuing the slow work of trying to encourage responsible asset building for lower-income workers. Continue reading
- As a graduating high-school student, I am concerned about the future. What can I expect to see in the next few years?
Question/Comment: As a graduating high school student, I am concerned about what the future has in store. With the economy changing the way it is, what can I expect to see in the next few years? What would be the … Continue reading