Posts Tagged ‘street’


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Market Meltdown – Getting the US Economy Back on Track

http://www.americanprogress.org/issues/2008/01/market_meltdown.html Since the beginning of the current business cycle in early 2001, family incomes in the United States have not risen, yet the costs for important consumer items such as housing, health care, transportation, energy, and food all climbed at often breathtaking speeds. To afford these necessities, families piled on record amounts of debt relative to their income—at a rate more than four times faster than that in the 1990s …

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Avoiding the Hazards of Credit Card Debt


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http://www.americanprogress.org/issues/2009/02/credit_card_report.html “At a time when American people are being asked to come to the rescue of financial services all over the country […] how can we say ‘we know that [credit card] practices are unfair, but you must wait a year to fix them?’” asked Representative Carolyn Maloney (D-NY) at a Center for American Progress Action Fund event Wednesday morning. At the event, CAPAF Executive Vice President Sarah …

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Is the Economy in Free Fall? CAP’s Christian Weller on CNBC


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