Economy Nov 11 Global, U.S. Markets Struggle as Worries Persist for Automakers Global financial troubles worsened Tuesday as stocks fell in many markets and analysts grew more concerned that the worldwide economic downturn is deepening. By Admin, PBS News Hour
Economy Sep 26 Is the American dream of home ownership and subsequently loaning money to unqualified home buyers a major cause of this crisis? Question/Comment: Lack of transparency and regulation appear to be at the heart of the current financial crisis. Didn’t the Senate Banking Committee and the Republicans attempt to ward this off with a reform bill in 2005? Is the American dream…
Economy Sep 22 Is it too much to ask that the top CEOs of a big corporation be paid no more than five to 10 times the wage of the lowest paid full-time employee? Question/Comment: Is it too much to ask that the top CEOs of a big corporation be paid no more than five to 10 times the wage of the lowest paid full-time employee? Radical, but…
Economy Sep 11 How will the taxpayers pay if Fannie and Freddie Mac fail? Question/Comment: Fannie Mae and Freddie Mac, we are told, are so big, we can’t allow them to fail. We taxpayers could end up footing the bill for as much as $200 billion. Where will that money come from? How will…
Sep 11 When running as intended, what cost difference does Fannie and Freddie make to the mortgage payment of the average house? By Business Desk Question/Comment: How do other nations subsidize housing (to the same end that Fannie and Freddie do in the U.S.)? When running as intended, what cost difference does Fannie and Freddie make to the mortgage payment of the average house? If… Continue reading