Sep 20 President Obama Issues Challenge to Tea Party Activists President Obama attempted to both empathize with the tea party movement and challenge its supporters in his most extensive comments to date about some of his most energized opposition. "I think America has a noble tradition of being healthily skeptical… Continue reading
Sep 20 How Will Foreclosures, Other Housing Problems Play Out in Midterms? After 2 1/2 years of economic trouble, it is hard to cite one singular reason voters are disgruntled going into fall. But one of the biggest culprits in the troubles is undoubtedly the housing market. So at Patchwork Nation, we… Continue reading
Sep 20 Oil Well Killed, But Legal and Environmental Battles Just Beginning The Development Driller III rig used to drill the relief well (Photo: Derick E. Hingle/Bloomberg via Getty Images) After a weekend of final sealing and testing, the federal government on Sunday declared the Macondo oil well officially dead. Continue reading
Sep 17 Watch News Wrap: United, Continental Closer to Creating World's Biggest Airline In other news Friday, Wall Street ended the week in positive territory, and shareholders of United and Continental airlines voted to merge as part of a $3 billion stock swap deal that could be finalized within two weeks. Continue watching
Sep 17 Watch Warren Spells Out Mission for New Consumer Watchdog Agency President Obama named Harvard law professor Elizabeth Warren to head a new consumer financial protection agency, but the nomination does not require Senate confirmation -- a move that irked some. Judy Woodruff speaks with banking consultant Bert Ely and UCLA… Continue watching
Sep 17 Sizing Up Wall Street Critic Elizabeth Warren as Your Consumer Advocate By Paul Solman Today, Elizabeth Warren was put into de facto control of the Consumer Financial Protection Bureau she helped conceive. Opposition from America's banks was the widely reported reason she wasn't formally nominated to run it. One might wonder that the U.S. Continue reading
Sep 17 Sizing Up Wall Street Critic Elizabeth Warren as Your Consumer Advocate Paul Solman: Today, Elizabeth Warren was put into de facto control of the Consumer Financial Protection Bureau she helped conceive. Opposition from America’s banks was the widely reported reason she wasn’t formally nominated to run it. One might wonder that… Continue reading
Sep 17 Friday: Afghans Prepare to Vote Amid Violence; Gulf Well Close to Being Sealed An Afghan election worker and a donkey carry voting materials to a remote mountainous village in Shotol. Photo by Paula Bronstein/Getty Images. On the eve of Saturday's parliamentary elections, Afghan President Hamid Karzai is urging citizens to vote despite… Continue reading
Sep 16 Watch Record Poverty Level: 'Long Slog Ahead' for Poor Americans? The Census Bureau released a report showing that one in seven Americans lived in poverty last year, and more than 50 million are not insured. Ray Suarez discusses the record poverty numbers and the recession's effects on the poor with… Continue watching
Sep 16 Watch Fidel Castro Reveals Doubts in Cuba's Troubled Economic System A healthier Fidel Casto recently granted an audience with an American journalist and Latin America scholar, revealing his concerns with Cuba's economic system. Continue watching