Topic: John Taylor
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Six points where Mitt Romney and his economic advisers are mostly wrong
Mitt Romney’s economic plan is largely based on a whitepaper written by several “heavyweight” economists. The problem is, it's riddled with fundamental flaws. Here are six points where Mitt Romney and his economic advisers are mostly wrong about what ails the American economy and how to fix it.
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Smoke and mirrors in Obama's budget? Five examples of creative accounting.
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Continental Concord crash conviction overturned by French court (+video)
The crash hastened the end for the already-faltering supersonic Concorde, synonymous with high-tech luxury but a commercial failure.
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Six points where Mitt Romney and his economic advisers are mostly wrong
Mitt Romney’s economic plan is largely based on a whitepaper written by several “heavyweight” economists. The problem is, it's riddled with fundamental flaws. Here are six points where Mitt Romney and his economic advisers are mostly wrong about what ails the American economy and how to fix it.
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No TV ads? Maybe not. NBC, FOX, CBS sue over ad-skip feature.
NBC, FOX, and CBS have file a lawsuit against Dish Network for Autohop, a feature that blacks out commercials on pre-recorded network shows. The networks argue that the feature violates copyright laws and jeopardizes the financial foundation of the entire television industry.
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Robert Reich Mitt Romney, Bain Capital and the New Gilded Age
The system that made Mitt Romney's fortunes at Bain Capital is the same one largely responsible for the greatest concentration of the nation’s income and wealth at the very top since the Gilded Age of the nineteenth century.
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Congress's dirty secret: behind scenes, it's working to fix problems
Much of what Congress does this summer will be pure political posturing. But behind the scenes, small groups of lawmakers are trying to chip away at the biggest fiscal issues.
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Culture Cafe Social media keeps Duran Duran fans hooked
The '80s band still attracts thousands of online fans with their robust online presence.
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In Gear New world record: 1,626 miles on one tank of gas
Helen and John Taylor drove the longest distance without refueling of anyone in the world. Their car, a diesel-powered Volkswagen Passat, got an average 84.1 miles per gallon.
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Ex-LAPD detective guilty in 1980s murder
Former detective Stephanie Lazarus was convicted of the 1986 murder of her ex-boyfriend's wife.
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Storms in the Midwest and a time for prayer
A Christian Science perspective.
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What's next for Occupy Wall Street? Activists target foreclosure crisis.
As the protest movement heads into spring, Occupy Wall Street activists are interrupting foreclosure auctions and helping families re-occupy their homes.
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Home Affordable Refinance Program: A lifeline to 'underwater' borrowers?
Home Affordable Refinance Program did not reach as many borrowers as officials had hoped. By including 'underwater' loans, the Obama administration hopes to stem the tide of foreclosures.
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Duran Duran fans spend hard
As the British rock band tours North America, long-time Duran Duran followers – mostly women – are crisscrossing the country and dolling up to watch their greying idols up close.
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The 5 percent growth plan: nice but not promising
A presidential candidate thinks the US can grow its economy by 5 percent in a decade, and a professor has come up with a plan for it. The plan isn't impossible, but it's still not very realistic.
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Zynga launches 'Empire' within days of its IPO
Zynga debuts 'Empires & Allies' as it prepares to sell shares of itself to the public. Valued at $10 billion, Zynga could make even more with its initial public offering.
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Can the University of Texas put a number on professors' worth?
The University of Texas at Austin has published a spreadsheet that shows the cost-effectiveness of its faculty members
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Mortgage lenders must pay homeowners for improper foreclosures
Mortgage lenders ordered to reimburse customers they foreclosed on improperly. Regulators tell 16 mortgage lenders to hire auditors to find out who could have avoided foreclosure in 2009 and 2010.
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Smoke and mirrors in Obama's budget? Five examples of creative accounting.
President Obama's proposed $3.7 trillion dollar federal government budget works some economic magic, from disappearing programs to mystery funding sources. Here’s a look at five key head-scratchers in the 2012 budget:
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Fannie Mae and Freddie Mac 101: How much will we miss them?
The White House proposes to 'wind down' mortgage giants Fannie Mae and Freddie Mac. But they've been deeply entwined in the US mortgage market for decades. A look at how we got here.
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In 2011, better economic outlook – for some
Pundits predict healthy growth in 2011 and fewer unemployed. But housing and state budgets may struggle.
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Continental Airlines and Texas mechanic found guilty for Concorde crash
Concorde crash: A French court has found Continental Airlines and one of their mechanics to be guilty of manslaughter.
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Concorde crash: US mechanic and Continental guilty, says French court
Continental Airlines and an American mechanic were convicted of manslaughter and fined for the 2000 Concorde crash. But none of the French defendants were found guilty.
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How do you get 23 economists to agree? Criticize Bernanke.
QE2 got a public rebuke from 23 economists, financial writers, and fund managers via an open letter to Ben Bernanke, chairman of the Federal Reserve.
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Economy stuck? Print money. Watch out.
Central bankers have faced today's crisis before. But their new weapon, quantitative easing, could make the mess worse.
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Why financial reform might not work as intended
The Senate passed financial reform Thursday, and President Obama will sign it, but many of the tough decisions will be made by federal regulators. How they interpret the bill will be key.
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Economic collapse: Don't blame the free market
A more realistic view is that a housing boom and bust happened to strike a fragile financial system whose fragility was worsened by ill-conceived government interventions.
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