Credit Crunch

How to End the Recession

Alan Schram | Posted 01.06.2009 | Business

Read More: Citigroup, Green Jobs, Credit Crunch, Federal Reserve, Obama, Thomas Jefferson, Libor, S&P 500, Recession, Bush, Dollar, Money Market Funds, Fdic, Paulson, Wall Street, Bailout, Business News, Tax Cuts, Bank Deposits, Saving Money, Deficit, Dow, Stimulus Plan, Financial Crisis, Business News
Alan Schram

What should be intuitively clear is that spending is no way to repair our woes. Indeed, spending irresponsibly is exactly what got us in the current lugubrious position.

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Federal Spending Out of Control

Alan Schram | Posted 12.30.2008 | Business

Read More: Dollar, Alexander Hamilton, Wall Street, Business News, Credit Crunch, Saving Money, Deficit, Financial Crisis, Business News
Alan Schram

It is not the "government" that hands out these bailout packages and money for projects. We must recognize that government has no money that isn't ours.

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A Credit Crunch Christmas: Lessons for Next Year

Esther J. Cepeda | Posted 12.29.2008 | Chicago

Read More: Christmas Shopping Season, Economic Downturn, Economy, Credit Crunch, Christmas Shopping, Recession, Holidays, Holiday Shopping, Unemployment, Chicago News
Esther J. Cepeda

I wondered how the six kiddies in my family would take their first - but certainly not last - credit crunch Christmas.

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We Were Punked

David Sirota | Posted 12.20.2008 | Politics

Read More: Ben Bernanke, Wall Street Crisis, Bailout, Economy, Financial Crisis, Credit Crunch, Politics News
David Sirota

What I and other bailout opponents have been saying is that bailout backers sensationalized a real problem to create the belief that if we didn't do something unfathomably unprecedented, the world would end.

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Actually -- There Is A Credit Crunch

Hale "Bonddad" Stewart | Posted 12.18.2008 | Business

Read More: Economy, Credit Crisis, Credit Crunch, Business News
Hale

Why is this debate occurring? What are we talking about whether or nor there is a credit crunch? There are two reasons.

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Getting Grounded: An Agenda for the Near Future

Bob Jeffrey | Posted 12.15.2008 | Politics

Read More: Subprime Mortgages, FInancial Markets, Subprime Mortgage Crisis, Financial Crisis, Obama Administration, Obama, Credit Crunch, Recession, Politics News
Bob Jeffrey

Discussing good works is fine, but what counts will be values-driven decision-making that puts the communal good, good works and good results at the top of the agenda.

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Chavez After the Oil Boom

Francisco Toro | Posted 12.15.2008 | World

Read More: Oil, Energy, Venezuela, Petroleum, Credit Crunch, Venezuelan President Hugo Chavez, Latin America, Chavez Oil, World News
Francisco Toro

It's the oil-fueled spending boom that accounts for the popularity of the Chavez regime, and there's nothing progressive about it.

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How Big is This Bailout?

Alan Schram | Posted 12.03.2008 | Business

Read More: Alexander Hamilton, Credit Crunch, Libor, Bailout, S&P 500, Fdic, Money Market Funds, Dollar, Wall Street, Treasury Dept., George Will, Business News, Henry Paulson, Bank Deposits, Fashion, Subprime Mortgages, Saving Money, Tarp, Dow, Financial Crisis, Business News
Alan Schram

It's not the government's job to make stocks go up. It's their job to ensure stability and confidence to counter the fear and panic now so prevalent all over the world. Markets will find their own equilibrium when that happens.

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Feds unveil plans to unfreeze consumer debt market

AP | JEANNINE AVERSA and MARTIN CRUTSINGER | Posted 11.25.2008 | Business

Read More: College Loans, Finance, Economy, Loans, Credit Crunch, Financial Crisis, Credit Crisis, Credit Issuers, Business News

WASHINGTON — The government has introduced a pair of new programs that will provide $800 billion to help unfreeze the market for consumer debt w...

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Paulson Policy Failures

Alan Schram | Posted 11.24.2008 | Business

Read More: Citigroup, John Thain, Market Crash, Credit Crunch, Fannie Mae, Hedge Funds, Libor, S&P 500, Dollar, Fdic, Money Market Funds, Merrill Lynch, Aig, Freddie Mac, Wall Street, Bailout, Financial Services, Lehman Brothers, Business News, Banks, Financial Crisis, Henry Paulson, Warren Buffett, Bear Stearns, Bank Deposits, Subprime Mortgages, Saving Money, Dow, Business News
Alan Schram

The Treasury's policy did nothing to build confidence or stabilize the markets. The precipitous drop of the equity markets in October and November are the market's judgment on their policies.

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End the Bailout

Alan Schram | Posted 11.20.2008 | Business

Read More: Insurance Companies, Winston Churchill, Credit Crunch, Libor, S&P 500, Fdic, Money Market Funds, Dollar, Paulson, Bailout, Wall Street, Financial Services, Business News, Banks, Financial Crisis, Bank Deposits, Subprime Mortgages, Saving Money, Dow, Tarp, Genworth, Business News
Alan Schram

Paulson is now on his third plan for how to spend the cash Congress gave him. Nobody knows what he will do next.

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This Guy Predicted The Financial Crisis And Was Derided For It (VIDEO)

Atlantic | Andrew Sullivan | Posted 11.14.2008 | Business

Read More: Mortgages, Peter Schiff, Finance, Economy, Credit Crunch, Financial Crisis, Housing Crisis, Mortgage Crisis, Business News

Watch the contempt from Fox News for Peter Schiff over the past two years: I feel his pain. His economic sense and foresight escaped me. But politi...

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The Consumer Spending Slowdown Is NOT Because Of Credit

Dave Johnson | Posted 11.12.2008 | Business

Read More: Consumer Spending, Credit Crunch, Recession, Economy, Business News
Dave Johnson

On The NewsHour today Alice Rivlin said that we need to free up the credit markets so people can buy cars. She said there are "credit-worthy" people ...

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Washington Overreacts

Alan Schram | Posted 11.10.2008 | Business

Read More: Credit Crunch, Hedge Funds, Obama, Libor, S&P 500, Bush, Dollar, Fdic, Money Market Funds, Paulson, Wall Street, Business News, Oil, Henry Paulson, Warren Buffett, Bank Deposits, Subprime Mortgages, Saving Money, Dow, Financial Crisis, Business News
Alan Schram

Have you noticed our politicians so often do exactly the wrong thing? They mean well, but in their haste to propitiate us, the voters, they cause more damage than good.

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Why the Stock Market is Cheap Now

Alan Schram | Posted 11.03.2008 | Business

Read More: Volatility, John McCain, Economy, Credit Crunch, Libor, S&P 500, Iphone, Fdic, Money Market Funds, Dollar, Investing, Wall Street, Business News, Stock Market, Bank Deposits, Subprime Mortgages, Saving Money, Dow, Financial Crisis, Business News
Alan Schram

We are seeing some of the best stock valuations in the last century. Once fear of illiquidity dissipates, the stock market will get back to normal levels.

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Cash is Not King

Alan Schram | Posted 10.27.2008 | Home

Read More: Dollar, Money Market Funds, Fdic, Wall Street, Business News, Market Panic, Credit Crunch, Bank Deposits, Libor, Subprime Mortgages, Saving Money, Dow, S&P 500, Financial Crisis, Home News
Alan Schram

If you do not find stock prices cheap now, with the market pulverized 45% in the last year, then you probably should never own stocks.

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Credit Crunch and the Money Supply

Alan Schram | Posted 10.23.2008 | Business

Read More: Money Market Funds, Fdic, Wall Street, Mortgages, Business News, Gold Standard, Credit Crunch, Money Supply, Bank Deposits, Libor, Subprime Mortgages, Saving Money, Dow, Financial Crisis, Business News
Alan Schram

Imagine a world in which Uncle Sam is the monopoly supplier of bananas, in the same way that he is now the monopoly supplier of money; eventually people will become anxious about future decisions of the banana board.

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Greenspan Calls Crisis A "Credit Tsunami" (VIDEO)

AP, C-SPAN | Posted 10.23.2008 | Business

Read More: Video, Causes of the Credit Crisis, Finance, Economy, Credit Crunch, Financial Crisis, Federal Reserve, Causes of the Financial Crisis, Credit Crisis, Interest Rates, Alan Greenspan, Greenspan Tsunami, Greenspan, Greenspan Tsunami Video, Business News

Greenspan told the House Oversight Committee on Thursday that his belief that banks would be more prudent in their lending practices because of the ne...

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Layaway Is Making A Comeback Amid Credit Crisis

The Wall Street Journal | MIGUEL BUSTILLO | Posted 10.22.2008 | Style

Read More: Credit Cards, Credit, Poverty, Economic Crisis, Economy, Layaway, Credit Crunch, Recession, Style News

Layaway, a payment practice that was made popular during the Great Depression but nearly became extinct due to the instant gratification of credit car...

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The Anatomy of the Financial Crisis and Why We Must Get It Right

Mort Zuckerman | Posted 10.22.2008 | Business

Read More: Great Depression, Mort Zuckerman, Aig, Credit Squeeze, Lehman Brothers, Hedge Funds, Financial Crisis, Wall Street Crisis, Credit Crunch, Wall Street, Credit Markets, Recession, Mort Zuckerman Finance, Ben Bernanke, Business News
Mort Zuckerman

The danger is that politicians, who have little understanding of the financial world, may draw the wrong conclusions from Wall Street follies and make the wrong decisions as they try to revive our financial system.

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AP source: Credit trouble slowing GM-Chrysler deal

AP | TOM KRISHER and JOE BEL BRUNO | Posted 10.21.2008 | Business

Read More: Credit Crisis, Credit Crunch, Gm, Chrysler, Economy, Finance, GM Chrysler Deal, Car, GM Chrysler Merger, Business News

DETROIT — A potential deal for General Motors Corp. to acquire Chrysler LLC is slowly moving forward, but the transaction is being hampered by a...

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Don't Kill the Planet in the Name of Saving the Economy

Johann Hari | Posted 10.20.2008 | Green

Read More: World Economy, Climate Change, Credit Crunch, Economy, Global Warming, Green News
Johann Hari

To get out of the credit crunch, we need a big package of job creation and economic stimulus. To get out of the climate crunch, we need an army of millions of new workers -- and billions in public spending.

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Depression Economics Explained, Part 2: The Credit Crunch

Zack Exley | Posted 10.17.2008 | Business

Read More: Credit Crunch, Money, Economy, Bank Crisis, Economic Crisis, Financial Crisis, Banks, Business, Financial Advice, Business News
Zack Exley

People are desperate for an explanation of the economy that actually makes sense and they're not getting it from the experts.

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Layoffs Expected At Tesla Motors As CEO Replaced By Elon Musk

Treehugger | Michael Graham Richard | Posted 10.15.2008 | Green

Read More: Tesla Roadster, Tesla Motors, Electric Cars, Autocar, Environment, Cars, Credit Crunch, Elon Musk, Green News

It's not a 100% official yet, but a few sources are reporting that something big is happening at Tesla Motors, makers of the electric Roadster who ha...

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Manic Monday: Dow roars back from worst week ever

AP | TIM PARADIS | Posted 10.13.2008 | Business

Read More: Economy, Finance, Personal Finance, Wall Street, Wall Street Crisis, Credit Crunch, Credit Crisis, Debt, Stock Rally, Business News

NEW YORK — Wall Street stormed back after its worst week ever and staged the biggest single-day stock rally since the Great Depression on Monday...

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