The Real Debt and Deficit Crisis

"Family debt soars as incomes stagnate ""Canadians outspend their ability to repay, new report finds"

Storm Clouds Over The US Economy

The reliance on consumer and government debt to produce and maintain the American economy has put that nation under a veritable storm cloud of trouble.

Real Estate Employment May See Declines

Real Estate Press - The labor market began to improve 2.5 years ago, with the housing boom gaining a large percent of the new jobs. With the housing bubble closing in some areas of the country, where will jobs be found? Demand for construction workers, mortgage brokers and...

Economy Grows at Fastest Pace in 1 1/2 Years (AP)

AP - The U.S. economy turned in a remarkably strong performance in the summer despite surging energy prices and the battering the Gulf Coast states took from hurricanes, although business growth was slightly lower than the government previously estimated.

The Politics Of Hurricane Katrina

Sunday brings the fourth anniversary of what is now viewed as the first catastrophe to devastate the nation during George W. Bush's presidency, and the one that gave Bush a strength in his personal poll ratings which has only lately begun to recede. Next week also brings the...

Hurricane Katrina's impact on US economy should not be overestimated

Hurricane Katrina, one of the worst natural disasters in US history which hit the United States one week ago and caused massive damage in the Gulf of Mexico areas, has a major impact on the US economy but at the same time one should not overestimate it. What is the loss...

Pumping Us Dry

The very first thing George W. Bush did in response to Hurricane Katrina was to offer a helping hand --- not to the people stranded on rooftops in New Orleans, but to his friends in the oil industry. These were the same people who gave him $52 million in his last campaign....