Check to see how you measure up!
Check to see how you measure up!
The Sundance documentary Ivory Tower investigates the college industrial complex — and comes to some sobering conclusions.
401(k), IRA, retirement, oh my!
Plus a map that tracks every F-bomb on Twitter, the world’s first synthetic bladder, and two fossilized bugs caught in the act.
Besides horrible, unending sadness.
Buried in the earnings statements of financial companies are hints of problems with student loan repayments.
Are we ready to do it again?
Vivendi’s sale of the giant video game company signals a very real chance that the world’s largest music group could wind up on the block. Less and less reason to stay together.
Most of Apple’s $145 billion in cash is parked overseas, so issuing debt allows the company to avoid the tax hit that money would be subject to if brought back to the U.S.
Americans now owe $1 trillion in student loan debt. Here’s what that money could buy.
Plans for a roundtable discussion this week. “The reality is, many of the decision-makers on Capitol Hill are in their 60s and 70s,” says Schock.
Comity after a protest at a conference on the debt. “They just gave my speech,” says Portman.
What a terrible way to start the month.
Crossroads GPS — the advocacy group founded by Karl Rove — announced the start of a major television spending campaign over the next month. The ads will air in Colorado, Florida, Iowa, Michigan, North Carolina, New Hampshire, Nevada, Ohio and Virginia and address the nation’s debt and the slow economic recovery.
A new web video out by the Republican National Committee shows Obama in Senate debate criticizing President Bush as “most fiscally irresponsible administration” in recent memory. Obama calls the debt “an enormous problem.”
“Never get involved in politics if you have to win an election to pay a mortgage,” dad told Mitt. Rubio has two mortgages, a home equity loan, and a student loan.
One of our richest people (he seems to bounce between the numbers one and two slots) has come out in favor of tax increases on the wealthy. Now can we start doing that? I mean he said it was okay.
The Daily Show looks the new debt crisis congressional “supercommittee” and the “amazing powers” they posses. At least find out how Sen. John “The Trickler” Kyl got his superhero name. (via thedailyshow.com) View Media ›
President Obama signed the bill to raise the debt ceiling today, avoiding a potentially catastrophic blow to the United States economy. In the process, however, he had to sign off on a $2 trillion deficit reduction plan his own party thinks is too drastic and Republicans think isn’t drastic enough. Politics is the great art of disappointment. View List ›
No matter how you feel about the debt bill drama, at least everyone can agree that this moment was awesome. Making a surprise return to the House of Representatives, her first since being gravely wounded in the Tuscon shooting spree, Rep. Gabrielle Giffords drew thunderous applause from members of both parties and voted for the debt bill. By all accounts, she looked great and there wasn’t a dry eye in the House. The bill passed 269-161. View List ›
John McCain recently compared the Tea Party to a bunch of Hobbits. What if they were actually Hobbits? Using an ancient Hobbit name generator, here are the furry-footed names of some Tea Party notables. View List ›
Trying to inspire the GOP to vote for John Boehner’s debt ceiling bill, the House Majority Whip showed a clip from Ben Affleck’s “The Town.” Ben Affleck was very confused by this. Here is the clip, along with Ben Affleck’s response to the use of his film to drum up Tea Party support. Is it really a good idea to use a quote with the line “We’re going to hurt some people” in relation to public policy? (via huffingtonpost.com) View List ›
As the clock ticks towards default and Congress appears hopelessly dysfunctional, more and more members of his party are urging President Obama to act on his own and consider using the 14th Amendment to unilaterally raise the debt ceiling. Bill Clinton is the highest profile Democrat to suggest Obama can use this obscure Constitutional clause to prevent an economic calamity. While Republicans have threatened to sue and even impeach Obama if he invokes the 14th Amendment, most legal experts say it would be very difficult to challenge his executive power in court. View List ›
As negotiations broke down with House Republicans, President Obama addressed the nation and warned of the consequences of a failure to raise the debt ceiling. Just as he promised Eric Cantor, Obama is taking his case to the American people. Watch Video ›
Here’s the widely reported rhetorical smackdown that President Obama delivered to House Majority Leader Eric Cantor during yesterday’s debt ceiling negotiations, conveniently presented in words and pictures. All of Obama’s remarks are quotes provided by multiple sources who attended the meeting, including Cantor himself. All of Cantor’s remarks are admittedly simplified paraphrases based on the same sources. View List ›
Despite massive and often violent protests against them, severe austerity measures have been passed by the Greek parliament. This paves the way for emergency bailout loans from the European Union and the International Monetary Fund that are intended to prevent a total collapse of Greece’s economy and stabilize global markets. Here are some more photos from the ongoing riots that have erupted in the streets of Athens as a response to the painful budget cuts. View List ›
These people are inventively evil.