Thursday, 11 November 2010


By Jane Slaughter

It's hard to get your head around how rich Peterson is, and how many rich people there are in this country. But here's how to put their money in perspective, in relation to Social Security. Continue



By NICHOLAS D. KRISTOF

We’ve reached a banana republic point where our inequality has become both economically unhealthy and morally repugnant. Continue

Irish bonds sink as Europe's debt fears grow: Anxiety over heavy government debts in Europe flared up again Wednesday, as investors questioned whether countries like Ireland, Greece or Portugal can cut their budget deficits without choking off desperately needed economic growth.

UK students protest university fees: Up to 50,000 students attempt to occupy ruling Conservative party's HQ in rally against plans to raise tuition fees.

Nearly 59 million lack health insurance: CDC: Nearly 59 million Americans went without health insurance coverage for at least part of 2010, many of them with conditions or diseases that needed treatment, federal health officials said on Tuesday.

Health Insurance Profits Soar, Dem Calls For Rebates: -- Health insurance profits are skyrocketing in 2010 compared to last year's returns and the outgoing chairman of the House subcommittee that oversees the companies is calling on them to return the profits to consumers in the form of premium reductions.

Obama panel urges deep US spending cuts, tax reform: A panel appointed by President Barack Obama recommended deep spending cuts and sweeping tax reforms Wednesday in a bid to slash US budget deficits by four trillion dollars over the next decade.

Slide in Home Prices Signals Trouble Ahead: IAS: , IAS says the data foreshadow "particularly difficult times ahead" for the housing market and for the U.S. economy.