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Posted on Dec 4, 2011 READ MORE


window shoppers
flickr/specialkrb

Americans Are Spending Again

Is it good news that U.S. consumer spending revved up to a three-year high in 2010? It could make for some improvement, especially if employment picks up to bolster Americans’ consumption habits in coming months, according to the BBC.

Posted on Jan 31, 2011 READ MORE


Economic Mood Swing

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Posted on Oct 1, 2010 READ MORE



AP / J Pat Carter

It’s the Mortgages, Stupid

This week’s proposals by the Obama administration to deal with the persistent economic crisis will be, as with previous plans that involved trillions of taxpayer dollars, little more than salt in the wounds.

Posted on Sep 7, 2010 READ MORE



Flickr / U.S. Treasury Department

Don’t Count on Us

In the face of the stereotypical image of Americans as free-spending consumers, Treasury Secretary Timothy Geithner has told his international finance colleagues that G20 countries should not rely on American buyers for their products as they travel the road to economy recovery.

Posted on Jun 5, 2010 READ MORE


Frank
serenitythruhaiku.wordpress.com

Frank Hails ‘Major Breakthrough’ in Financial Regulation

On Thursday, the House Financial Services Committee voted in favor of a bill aimed at creating the U.S. Consumer Financial Protection Agency, a watchdog organization designed in response to President Barack Obama’s call for greater oversight and regulation of banks and other financial companies in light of the past year’s economic implosion.

Posted on Oct 22, 2009 READ MORE


window shoppers
flickr/specialkrb

Recession Chic: Just Another Passing Fad?

As the national economy continues to wreak havoc on many Americans’ lives, even those who remain relatively unscathed by the recession are feeling the need, whether for appearances’ sake or otherwise, to reconsider their spending habits—but will it last?

Posted on Mar 9, 2009 READ MORE


Greenspan
broadcatching.wordpress.com

Greenspan Talks Recession as Oil Prices Soar

Seems like everything is a crisis these days, what with the subprime mortgage crisis, the oil crisis and, perhaps most troubling of all, the climate change crisis. Former Federal Reserve Chairman Alan Greenspan acknowledged the complexity and interconnectedness of these unsettling trends Tuesday, stopping short of declaring that a major recession is on the way but without ruling out a recession of lesser magnitude.

Posted on Jun 24, 2008 READ MORE


Nader
achievement.org

Paging Ralph Nader

With the news that Nokia is recalling millions of batteries, on top of the ongoing exploding laptop problem, and Chinese-made products ranging from toothpaste to Barbies sounding alarm bells, we can’t help but feel the absence of America’s greatest consumer advocate.

Posted on Aug 14, 2007 READ MORE


Molly Ivins: The Daily Drip of Special Favors for Special Interests

“While the top Bushies lunge about test-driving new wars…Congress just keeps right on cranking out those corporate goodies.”

Posted on Apr 10, 2006 READ MORE


Phaseout of Teflon Is Rare Win Against Chemical Companies

With manufacturers like DuPont pouring millions into campaign coffers, it is any wonder that consumer health often finishes second to corporate profits?

Posted on Feb 3, 2006 READ MORE


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