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What can be done to create jobs? Six leading ideas.

The job market has shown some very welcome signs of improvement lately, but it still has a long way to go before approaching something Americans would call normal. Here’s a look at some of the proposed solutions out there.
How the tea party can 'agree' with Occupy movement's demands

Given the somewhat amorphous slogans of the Occupy Wall Street movement, members of the tea party may be wondering if they should join the fray. University of Denver law professor Robert Hardaway suggests how the tea party might “agree” with five of the Occupy movement's top demands – in its own way:
Six ways the rich really do get richer

“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:
Steve Jobs: One of the greatest business leaders?

Steve Jobs was certainly a CEO deserving of his renown, but was he the best?
Getting bin Laden and five other boosts to Obama's reelection bid

"Yes We Can” was so 2008. Now President Obama is the incumbent, with a record to defend. Here are his top six accomplishments, including the killing of Osama bin Laden.

All Content

Mortgage rates fall to new records

Mortgage rates for 30-year loan now stand at 3.78 percent. Fixed mortgage rates for 15-year loans are unchanged at 3.04 percent, a record low.
Paper Economy
Home prices increase

In March, home prices increased 1.78 percent since February, rising 2.69 percent above the level seen in March 2011.
Paper Economy
Fannie Mae: delinquent loans dropping

Total serious single family delinquency declined slightly in March, but remained at distressed levels.
Fixed mortgages: new lows for 15-, 30-year loans

Fixed mortgages for 30-year loan dips to 3.79 percent; 15-year loan averages. 3.04 percent. But record low rates on fixed mortgages have not ignited home sales.
The New Economy
Foreclosures down, short sales up. Are banks getting smart?

Foreclosures are down to their lowest levels in nearly five years. One reason: Lenders are increasingly using short sales, instead.
Mortgage rates hit new lows

Mortgage rates for a 30-year fixed loan falls to record 3.84 percent. Mortgage rates for 15-year fixed loan now stands at a new record low: 3.07 percent.
Forgiving mortgage loans would save taxpayers money, say Fannie Mae papers

Mortgage loans giant Fannie Mae supported principal reductions for some struggling homeowners in 2009
Mortgage rates fall: 15-year loan hits record low

Mortgage rates for a fixed 30-year loan drop to 3.88, just shy of record. Fifteen-year fixed mortgage rates fall to record low 3.11 percent.
30-year mortgage rate under 4 percent

30-year mortgage rates fall slightly to an average 3.98 percent, near record low of 3.87 percent that 30-year mortgages hit in February.
Mortgage rates dip again. 15-year loan hits new low.

Mortgage rates for 30-year fixed loan falls to 3.88 percent; 15-year fixed mortgage rates now average 3.13 percent.
Paper Economy
Delinquent home loans increase

In January, 3.08 percent of non-credit enhanced loans went seriously delinquent.
30-year mortgage rate falls to 3.9 percent

30-year mortgage rate falls again to near-record lows. Fixed 30-year mortgage rates have stayed below 4 percent for 13 weeks in a row.
30-year mortgage rate rises, still under 4 percent

30-year mortgage rate averages 3.95 percent. It marks the 12th consecutive week the 30-year mortgage rate stayed below 4 percent.
Paper Economy
Home prices increase

Nationally, home prices increased 0.71 percent since November but declined 1.32 percent  below the level seen in December 2010.
30-year mortgage rates stay at record low

30-year mortgage rates average 3.87 percent for the third week in a row. That's the lowest for 30-year mortgage rates since the 1950s, when the long-term loans became popular.
The Simple Dollar
Banks are not your friends

Financial institutions do  not give you money because they want your dreams to come true. They give you money for their own gain. Here are the best ways to reduce your reliance on these businesses.
Mortgage rates: new record lows. Again.

Mortgage rates drop to 3.87 percent for a fixed 30-year loan; 15-year fixed mortgage rates fall to 3.14 percent. That's the lowest in more than a half century of data.
White House proposes new help for troubled mortgages. Too little, too late?

President Obama's mortgage modification program has helped only a fraction of Americans under water. New measures have been proposed, but they could be costly to taxpayers.
The New Economy
America owes $10 trillion! No, $50 trillion! Let me explain.

Estimates of America's debt vary by tens of trillions of dollars, depending on how you count. The bottom line: It's deep but not yet fatal. 
Romney paid about 14 percent income tax in 2010

For 2011, he'll pay about $3.2 million with an effective tax rate of about 15.4 percent, the campaign said. Those returns haven't yet been filed yet with the Internal Revenue Service.
Florida GOP debate: Romney assails Gingrich record at House, Freddie Mac (+video)

Mitt Romney landed plenty of blows to Newt Gingrich's record during Monday's GOP debate in Tampa, Fla. Gingrich has described his role at Freddie Mac as 'strategic adviser;' Romney calls it 'influence-peddling.'
Gingrich, Romney clash in heated Tampa debate

The former Massachusetts governor accused Gingrich of being an "influence peddler," while the ex-Speaker in turn called Romney a liar.
Tampa debate: Newt Gingrich could face his Freddie Mac moment

The debate Monday night in Florida – the 18th of this cycle – is arguably the most important yet. Newt Gingrich faces fresh scrutiny of his record, and Mitt Romney’s campaign is in crisis.
What can be done to create jobs? Six leading ideas.

The job market has shown some very welcome signs of improvement lately, but it still has a long way to go before approaching something Americans would call normal. Here’s a look at some of the proposed solutions out there.
The Circle Bastiat
Strategic foreclosure: Why people are ditching their mortgages

 More and more, indebted homeowners are deciding to walk away from their mortgages, instead of facing forced foreclosure. Who will pay the discarded debt?