Current State of Affairs for the Dollar
Under both the Bush and Obama administrations, U.S. government spending – financed by government borrowing – has skyrocketed, resulting in a prolonged decline of the value of the dollar. This trend escalated with the Federal Reserve’s reaction to the 2008 subprime mortgage crisis and [...]
The Obama administration’s plan
Consumers seeking debt relief may be one step closer, if the president has his way. President Obama is set to revamp financial products in an effort to protect borrowers from delinquency and foreclosures. The recession has brought the number of defaulting loans and people losing their houses [...]
Reality Check addresses health care concerns
While the old “fight fire with fire” saying doesn’t really make any sense, it does make sense to fight the internet with the internet. In response to all of the outlandish rumors and lies surrounding health care legislation, the Obama administration has launched Reality Check, [...]