The grasping AIG Financial Division execs who brought the firm to its knees and helped send the global economy spiraling only to receive federal rescue handouts to the tune of $180 billion in loans, stock investments and other commitments…
Here’s a profound idea from California GOP Gov. Arnold Schwarzenegger, who went after congressional Republicans yesterday for criticizing the Democrats’ stimulus bill one moment, then taking credit for the money the legislation is providing their districts the next.
WASHINGTON– Only a year ago, hopes were high that a big push by the government to stop foreclosures would be a great success, living up to its billing as “Help for America’s Homeowners.”
Last January started out with a foreclosure moratorium, allowing time for the Obama Administration to put the final touches on Making Home Affordable — its $75 billion signature program aimed at helping 3 to 4 million homeowners. After bailing out banks and the financial system, the administration turned its efforts to borrowers on the verge of losing their homes. The program rolled out with fanfare in the spring. But as 2010 begins, it is already clear that Making Home Affordable has fallen far short of its goals.
For millions of unemployed workers, the recession is poised to go from bad to worse. More than 3.2 million laid-off Americans will prematurely exhaust their unemployment insurance in the first quarter of next year unless Congress intervenes, an advocacy group warned Monday.
It’s a nonsensical element of Medicaid’s funding formula that during economic downturns, when state budgets are most squeezed, states are also asked to bear much higher health costs as the Medicaid rolls swell. The result, inevitably, is the…
Called out by reporters, Colorado Commissioner of Education Dwight Jones continues to cut back on his spendthrift ways.
Jones recently returned $940 to the state, to cover 2 ½ years of personal phone calls made on his state-issued cellphone. That’s…
Where do young people want to live now? It’s not just a barroom conversation-starter kind of question. It’s one of those difficult-to-gauge metrics– a product of some kind of instinctual mass consciousness– that will shape future economic booms and…
Analysts who track natural gas prices and supplies say the industry is banking on a cold winter and an economic recovery to bolster a commodity that has taken a beating on stock exchanges in recent days.
Natural gas price…
Denver Mayor John Hickenlooper Tuesday gave further indication that cuts in the city police force were on the way after the Denver Police Union voted not to postpone its annual 4 percent pay increase. In an appearance on the Caplis…
MINTURN — Mayor Gordon “Hawkeye” Flaherty is not at all concerned that a proposed private ski and golf development south of his town of 1,200 may never get off the ground due to the languishing mountain real estate market, nor is he waiting on “a pot of money” from the developer to address the struggling former railroad town’s sagging infrastructure.
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