We've lost our manufacturing economy in the United States. Now we're losing our service economy. We're rapidly becoming, some observers fear, a 'servant economy.'
New York Attorney General Eric Schneiderman has filed a lawsuit against JPMorgan Chase over allegations of wholesale fraud by Bear Stearns, which JPM acquired during the 2008 financial crisis. The lawsuit's critics, including Rep. more »
Americans for Tax Fairness does a pretty devastating take-down of the group of CEOs who were at the New York Stock Exchange Thursday ringing the opening bell under the banner "Fix the Debt." Their picture makes the point: more »
The mainstream media and blogosphere lit up like Christmas trees yesterday when 80 CEOs came together to call on Congress and the president to agree on a comprehensive deficit reduction plan that includes revenue increases and spending cuts. Here's David Wessel's story from The Wall Street Journal.
At last Monday's debate Mitt Romney said the United States is "heading toward Greece." That remark was filled with bitter ironies, not the least of which is the fact that the world's current economic miseries were triggered by financial speculators like Romney himself. more »
Way back at the beginning of this summer, an eternity it seems in this exhausting presidential campaign, The College Board launched its Don’t Forget Edcampaign to "get the candidates to prioritize education this election." more »
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