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News Articles Home :: News & Society :: News- Interest Rates and the Credit Crunch By Dane Smith
In Greek mythology, the hydra was a beast that, when one of its many heads were severed, would grow new heads in their place. The sub-prime mortgage crisis .... tightened standards. Interest rates will reap an unprecedented level of control over the livelihoods of millions of Americans to an extent seldom seen.
- Current Issues with the Global Economy By Dane Smith
Though the housing bubble deflated about two years ago, its true effects are only now beginning to emerge. In late 2006, when the economy first began to .... rock and a hard place, central banks are taking decisive action in hopes that the economy will level out without pushing inflation to dangerous levels.
- Bear Stearns and the Free Market By Dane Smith
The recent government-sponsored bailout of Bear Stearns, one of the top five lenders in the United States, has shocked traders and left investors cold .... a time, surely the Presidential candidates will pounce on this new opportunity to compare traditional economic goals with the present shift in policy.
- Subprime Woes Reach New Heights By Dane Smith
As the sub-prime mortgage crisis continues to unfold, new figures emerge from the Mortgage Banker's Association: A record .83. That means that, in .... components. Until then, the economy remains like a proverbial deer in headlights, unable to understand how much risk it has taken on but running out of time.
- US Recession Inevitable? By Dane Smith
As the sub-prime mortgage scandal continues to play out badly for many US companies, more and more questions have been raised as to whether the impact .... able to keep the growing world economy robust and secure. But if these attitudes don't change, a recession will be the least of America's worries.
- What’s the story with... Disappearing? By Marissa Duffy
Bemusement turned to disbelief this week as the tale of "presumed dead" canoeist John Darwin unravelled in the most dramatic fashion. Darwin was .... five years. He believes the boom in internet-based companies, coupled with the use of mobile phones, has allowed individuals to operate from anywhere.
- Dogged! Pluto Stripped of Planetary Status By Gina Stepp
Christine Lavin’s folk albums have been enjoyed in our house since before my oldest child was born. Of course, if you aren't familiar with the singer .... style, with the words:
"Please accept my resignation from the solar system. I don’t care to belong to any club that will have me as a member."
- Subprime Woes: Are We Out of the Woods Yet? By Dane Smith
In the last week, many encouraging signs have been on the economic radar: The Bush administration has stated that a consensus has been reached about the .... likely be long and harsh. The kinks have to be worked out, and the unfortunate aspect of this reality is that those who have the least must pay the most.
- Sluggish Fed, Why Are You So Sluggish? By Dane Smith
In recent months, fallout from the sub-prime mortgage scandal has been estimated in the hundreds of billions, up from figures of $100 billion maximum from .... 39;s options seem increasingly limited. If nothing else, hopefully recent events will stimulate quicker action on the part of Bernanke and associates.
- Essay Contest: Freeing Freedom of Expression By Lindee Rochelle
Annual writers’ competition invites exploration of First Amendment.
Freedom of speech: what works, what doesn’t work and when do we take our liberties .... new writers can understand what we could have done to write better pieces, choose better venues, and ultimately find success in the writing market."
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