View By Tag : us economy

Weekly Audit: House Bank Bill Fatally Flawed (www.themediaconsortium.org)

Last week, the House of Representatives finally approved a financial regulatory overhaul and President Barack Obama announced a new initiative to address the unemployment crisis. Both are a step in... More

Tags: house of representatives,barack obama,cfpa,us economy,senate

Submitted 3 months ago by lizchapman | 0 Comments |

Needed: A Size Cap on Big Banks (www.banksterusa.org)

One of the major flaws with the financial reform bill that passed the House last week is that it does nothing to stop behemoth banks from growing even bigger.

Tags: big banks,financial reform,bank of america,us economy

Submitted 3 months ago by gregplaysdrums | 0 Comments |

November Auto Sales Remain At Last Year's Low (airamerica.com) TMC

U.S. auto sales struggled to gain ground in November and big improvements aren't expected until people stop worrying about losing their jobs.

Tags: us auto sales,ford,toyota,gm,car market,chrysler,forecasting,gas crunch,honda,us economy,TMC

Submitted 3 months ago by lizchapman | 0 Comments |

Number Of Hungry Americans At An All-Time High (airamerica.com) TMC

A new report shows that 49 million Americans experienced some sort of food shortage last year, including many children. President Obama pledged to eliminate child hunger by 2015 during his campaign.

Tags: obama,food shortage,us economy,child hunger,congress,food stamps,wic,tmc

Submitted 4 months ago by lizchapman | 0 Comments |

Mortgage Delinquencies Hit Another Record In Third Quarter (airamerica.com) TMC

The pace at which people fell behind on their mortgages slowed during the summer for the third consecutive quarter, but the overall delinquency rate hit another record, a new report shows.

Tags: mortgages,us economy,foreclosures,delinquency,transunion,housing crisis,tmc

Submitted 4 months ago by lizchapman | 0 Comments |

Obama's Zugzwang Economy (www.salon.com) TMC

The president talks up debt reduction, while the House pushes a new jobs bill. Can't do both, can't do neither

Tags: economy,fox news,government debt,us economy,confidence,unemployment,obama,great depression,democrats,tmc

Submitted 4 months ago by lizchapman | 0 Comments |

Rattner Calls GM and Chrysler Management Conditions Shocking (airamerica.com) TMC

The shockingly poor financial management of General Motors and Chrysler weakened their case for a government bailout, but officials feared letting the automakers collapse would severely harm the U.S.... More

Tags: gm,chrysler,us economy,obama,tmc

Submitted 5 months ago by lizchapman | 0 Comments |

Retail Sales in September Drop Less Than Forecast (www.bloomberg.com)

Sales at U.S. retailers fell less than forecast in September after the Obama administration’s cash-for-clunkers program expired, signaling consumers are gaining confidence in the outlook for an... More

Tags: us economy,retail,consumers,obama,cash for clunkers,stocks,gm,tjx,home depot

Submitted 5 months ago by lizchapman | 0 Comments |

GOP Leaders Slam Dems on Economy (firstread.msnbc.msn.com)

After their weekly caucus meeting on Capitol Hill, the GOP leadership attacked President Obama and Congressional Democrats for not doing enough to bolster the floundering U.S. economy.

Tags: democrats,us economy,gop,unemployment,stock market

Submitted 5 months ago by lizchapman | 0 Comments |

The Disaster Stage of Financialization (www.talkingpointsmemo.com) TMC

Kevin Phillips is blogging this week at TPMCafe's Table for One. In this post, he addresses a topic we've touched on many times in recent weeks: the financialization of the U.S. economy:

Tags: tpm,tmc,financialization,us economy

Submitted 11 months ago by cdoherty | 0 Comments |

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