$1.81: The price of gas when Obama took office.In the past few days, I have seen this meme spreading on Facebook — and back in September, Michele Bachmann was saying, "The day that President Obama took office, gasoline was $1.79 a gallon." Many Facebook...
NPR's Planet Money has been conducting an ongoing case study of a toxic asset, and there was an interesting observation in Friday morning's installment examining the origin of this toxic asset, the housing bubble circa 2005: DAVID KESTENBAUM: How weird would it be to,...
I was lying in bed here a few minutes ago, and there was darkness on my radio. The latest unemployment report is due out today. It is expected to be very grim, and the news reader said that employers need to see exactly how bad it is before deciding whether to cut...
I cannot process the economic depression is unfolding here in the U.S.A. over the last few days. A crushing, amorphous weight has me plastered to the sofa in front of the TV. My breathing is labored, and my heart stops beating every now and then for ten or fifteen...