With Democrats in control of Congress, prospects for regulating subprime lenders have improved. But don't hold your breath.
Banks no longer lend money to people able to pay them back. Now they trap the poor, the sick, students and elderly people into signing up for credit cards and watch the fees pile up.
As the housing market flattens, the poor pay the price for the greed and stupidity of the real estate and banking bigwigs.
As we head into Summer 2006, the world capitalist system is out of control.
As Congress jacks up the rates students and their parents are paying for college loans, the consequences are already being felt by young people whose ability to have a child or own a house is limited by debt.
New federal guidelines for banks and credit card companies that boost minimum monthly payments have wreaked havoc on American families struggling to pay their bills and avoid bankruptcy.
We're on our way to being a society of economic zombies, half dead and half alive, buried in debt but prevented by credit card companies from declaring bankruptcy.
Stocks crash and housing prices tend to go down with a whisper. But a disturbing number of signs now point to a sudden burst of the real estate bubble.
Sounds like an episode of The Simpsons, but this
is for real: The retail giant wants even more of your money.
Where is the public's outrage over corruption in US
finance and banking?