The Eleventh Commandment: Thou Shalt Have Health Insurance

Growing up, the first commandment in my family was “thou shalt have health insurance.” This sacred precept was invoked whenever I became itchy at a job or felt the urge to strike out on my own. “Consider what would happen if, God forbid, you got into an accident,” my parents would say. “We would have to sell the house.”...more

Recovery Act: Saving and Creating Jobs, Laying Foundation for Economic Growth

One year ago, our nation was headed toward an economic collapse, shedding an average of 600,000 jobs a month. State and local budget cutbacks were putting teachers’ jobs – and our students’ education – in peril. Our economy was in need of emergency triage that would immediately begin to save and create jobs and lay the foundation for longer-term economic growth. One year after its enactment, it is clear that the American Recovery and Reinvestment Act is meeting these core goals. ...more

Education in the Stimulus Package

Now that the U.S. economic stimulus package has finally made its way through Congress, it's time to take a closer look at what's actually in the bill for formal and informal education. Despite Republican protests that many educational projects amounted to pork, the stimulus bill--thank goodness--does contain some money for education, research, and the arts. You may have heard that Sen. Tom Coburn (R-Okla.) initially had 73 Senators sign on to a stimulus amendment he authored: ...more

How to Recession Proof Your Life…Hint: It’s not by eating PORK!

crossposted on Some days I can’t hear anything  for all panic about the sky falling, the world coming to an end, and rumors of the second great depression. Gloom, doom darkness and despair. Woe is me. ...more

Stimulating More Than The Economy....

Dear Diary,Thanks to the economic stimulation package, I will be reinvigorating my wardrobe and the economy without debilitating my checking account. Hopefully these don't sell out by the time I get my check. ...more

The Subprime Mortgage Crisis Turns Criminal

If you're following the news coverage on today's primary elections in Florida, you've likely noticed that the subprime mortgage crisis is one of the big issues for voters in the Sunshine State. According to the Washington Post, Florida has the third highest foreclosure rate in the nation. Of course, Florida's crisis is reflected in spiking foreclosure rates across the country that have spooked financial markets around the world. ...more

It's amazing that the notion that lenders have a fiduciary obligation to their clients is not ...more