To solve the subprime mortgage crisis, start with aid for vulnerable homeowners, smarter economic policies and a more competent Federal Reserve Board.
Our mission is to take feckless teenagers like you and turn them into full-fledged debtors.
The rickety financial skyscaper known as the subprime mortgage business is ready to tumble--and the rest of us may be buried in the rubble.
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.