Post Tagged with: "recession"

June 9, 2010 05:35

Barack Obama’s Total Eclipse for America

The magical economic policies of Obama the Magnificent have served only to delay and slow recovery.

March 9, 2010 01:50

Nearly bankrupt, Kansas City wants to close half its public schools

Buffeted for years by declining enrollment, political squabbling and a revolving door of leadership, the district’s fortunes are so bleak that Superintendent John Covington has said diplomas given to many graduates “aren’t worth the paper they’re printed on.”

March 3, 2010 17:24

Economists: Another Financial Crisis on the Way

Even as many Americans still struggle to recover from the country’s worst economic downturn since the Great Depression, another crisis – one that will be even worse than the current one – is looming, according to a new report from a group of leading economists, financiers, and former federal regulators.

February 25, 2010 16:48

Bernanke delivers warning on U.S. debt -Stage is set in U.S. for a Greek tragedy

With uncharacteristic bluntness, Federal Reserve Chairman Ben S. Bernanke warned Congress on Wednesday that the United States could soon face a debt crisis like the one in Greece, and declared that the central bank will not help legislators by printing money to pay for the ballooning federal debt.