U.S. National Debt Is Huge, but It’s Not a Catastrophe

Without a doubt, this country’s debt overhang needs to be chopped considerably. But does a large national debt doom a nation to economic ruin? Only if you believe that countries like Germany, France, and Japan are economic bask…

The Debt-Ceiling War: Wall Street Could Be a Casualty

Debt and government spending are firmly at the top of the new Congress’s agenda. And just the threat that the U.S. wouldn’t pay its bills has traders worried and wondering if the U.S. could end up on the same chaotic economic p…

Big Wall Street Bonuses Carry a Hidden Cost for Society

Though most Americans wish that Congress would rein in excessive pay on Wall Street, that won’t happen while the huge campaign contributions keep flowing. And the financial industry’s big money shell game drains away something …