Two of the programmers who worked for Ponzi-schemer Bernie Madoff, creating the reams of fake stock investment transactions, have been arrested. They were released on bail of $1 million each.
The typical family would be spared higher taxes from the House Democratic plan to overhaul health care, and their low-income neighbors could come out ahead.
Continue reading this entry ...
How much would the government have to raise taxes if it could not sell enough Treasury bonds to finance another round of debt? The Tax Foundation crunched the numbers and decided that:
Cash for Clunkers was a clunker, White House media attack misguided...
"Police in New Jersey are trying to determine who fired a bullet that struck CNN commentator Lou Dobbs' home as his wife stood nearby.
Continue reading this entry ...
Shutting off funding to international terrorism has proved one of the most complex and difficult tasks democratic states have had to undertake since Sept. 11, 2001. But it's an effort western governments must continue.
WASHINGTON--U.S. banks, already under fire over credit card fee and rate hikes, are now facing a challenge on another front: the overdraft fees they charge customers who overdraw from their accounts.
What exactly is the function of the financial sector in our society? Simply this: Its sole function is supplying capital efficiently to aid the real economy. The financial sector is a tool to help those that make real tools, not an end in itself.
MoneyVine has not initiated any private discussions.