Topic: Fannie Mae
With the jobs bill stalled, Obama is bypassing Congress and using executive powers to enact change. Strapped homeowners and indebted students are first in line under his relief plan.
10/24/2011 06:23 pm
“Class warfare:” Lately this old term has been taking on new life as political theater, a way to rebuke Wall Street protestors, and, predictably, fodder for Fox News. According to Google, in just the last month alone, 3,870 articles have been published containing these words. Another way to express the concept of rich vs. not-so-rich is the expression, “The rich get richer and the poor get poorer.” It’s been around for a long time: According to Wikipedia, William Henry Harrison went there in 1840: “I believe and I say it is true Democratic feeling, that all the measures of the government are directed to the purpose of making the rich richer and the poor poorer.” I’m not going to take a stand on either side of the “class warfare” debate by saying that the rich do or don’t take unfair advantage of the rest of society. This is America, where we all have the potential to become rich. But I will say this unequivocally: The rich do get richer, or at least have the potential to. Let’s count the ways:
10/21/2011 01:11 pm
Credit scores will include estimates of annual income. FICO is developing separate credit scores to incorporate any payday loans, evictions, and child support payments.
10/21/2011 12:15 am
The Occupy Wall Street movement is complex and raises many legitimate issues. Student loan debt is not one of them.
10/18/2011 05:00 pm
The "Occupy Wall Street" protests are a month old, but they still haven't set out specific demands. And for good reason -- most Americans blame Washington for the economic woes.
10/17/2011 03:53 pm
Who went to jail for malfeasance after the 2008 financial meltdown? DCDecoder looks at who was punished, who wasn't, and why.
10/11/2011 09:48 am
Homeownership rate falls from 66.2 percent to 65.1 percent in the past decade. Homeownership gap between whites and blacks is biggest since 1960.
10/09/2011 08:39 pm
Ways to reduce your risk in a dangerous financial month
09/06/2011 07:00 pm
The Dow fell 110.96 points to 11,139.30 in its worst start to September since 2002
09/06/2011 06:26 pm
Global markets reflect worry about rising interest rates for eurozone's weakest nations and possibility of a US recession. Among global markets to tumble most: Germany, down 5.3 percent and France, down 4.7 percent.
09/05/2011 09:15 pm