Category Archives: Economic Impact

How to start a consumer advocacy organization

Those on active duty did not survive Somalia, Saudi Arabia, Lebanon Bosnia, Kosovo, Afghanistan, Haiti, and Panama, only to be attacked financially. In fact some of the kids did not survive, and are no longer with us.

S&P Downgrade – where was S&P 4 years ago?

By TOM RAUM Associated Press

China Owns the United States so China Comdemns US

China roundly condemned the United States for its “debt addiction” and “short sighted” political wrangling and said the world needed a new stable global reserve currency.

Number of troubled banks continues to rise

WASHINGTON – The government says the number of troubled banks kept growing last quarter even as the industry as a whole had its best quarter in two years.

Moody’s Downgrades $42.2 Billion of Subprime RMBS

This week Moodys Investment Service downgraded its ratings on a total of $42.2 billion of residential mortgage-backed securities (RMBS) made up of subprime home loans.