Apr 21 When Homeowners Facing Foreclosure Want to Pay to Stay Editor’s note: Paul has been reporting recently on the foreclosure crisis in Florida, and particularly on homeowners walking away from their underwater mortgages. In some cases, soon-to-be-foreclosed-on homeowners who want to stay in their homes are prepared to… Continue reading
Apr 20 Why Do Banks Foreclose Rather Than Negotiate With the Owner, Who Can Pay the Sale Price They Want? Question: I watched your recent piece on Florida. The question that begs to be answered is WHY the banks would rather foreclose on a property and sell it someone else for 30 cents… Continue reading
Apr 14 Should We ‘Delink’ the Economics Nobel from the Other Nobel Prizes? Question: Can you do a story on the fact that many Nobel Prize winners and other scientists are trying, along with Peter Nobel, descendant of Alfred Nobel, to get the Nobel Committee to delink the prize in economics from the… Continue reading
Apr 13 Follow-Up on Florida Unemployment Report Question: In a recent segment, you interviewed a man from Florida whose unemployment benefits were denied, I believe, because he failed to submit a form in a timely manner. His only notification was a letter from the unemployment office. Continue reading
Apr 12 Is It Fair to Describe Corporations as Sociopaths? Question: You recently said that someone’s referring to big banks as ‘sociopathic’ was perhaps ‘over the top’. But have you seen the excellent 2004 Canadian documentary, The Corporation? If not, you should. Doesn’t it make a convincing… Continue reading
Apr 09 Who is Making Money in Our Health Care System? Question: Everyone is constantly saying that “health care costs are rising,” but besides the health insurance companies, I don’t see anyone making any money. Everything costs more and more, but who’s keeping it all? I hope you could do a… Continue reading
Apr 08 Will Health Care Reform Increase the National Debt? Question: I’m concerned that in the long term, the U.S. health care plan will ultimately increase the national debt. Is this true? It’s hard to know the truth when you live in a house filled with smoke and mirrors! Paul… Continue reading
Apr 07 What Do You Think of Credit Unions? Question: Just saw your piece on moving money to the “George Bailey Banks” (GBB) and the “Too-Big-To-Fail” (TBTF) banks. I really like my credit union — I’d like… Continue reading
Apr 06 Removing Risk Taking from the Banking Industry Editor’s Note: On the NewsHour tonight, leaders of the Move Your Money movement explain why they think Americans should move their money from large “too-big-to-fail” banks to small community institutions. “I hope it sends a warning to the big… Continue reading
Apr 01 How Do Our Current Economic Troubles Compare to the 1970s? Question: It seems that comparisons of our current economic troubles to the Great Depression are exaggerated. How would you compare today to the recession of the 1970s? Paul Solman: Pretty close to the worst previous post-… Continue reading