Category Archives: Financial Crisis

Economics In Spain Taking Psychological Toll On Unemployed

I wrote in a previous blog, titled Obama’s Plan Leaving Millions of Unemployed Dejected, I wrote how the long term unemployed are affected psychologically by leaving them “dejected.”  Well, it seems that Americans are not the only ones.  In Spain, their … Continue reading

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The Mortgage Foreclosure Slap-on-the-Wrist Settlement

The recent nationwide mortgage forclosure settlement with the banks shows that they got off pretty easily. Although, this article in the LA Timespoints out that the banks still have some troubles ahead. While they can not be prosecuted anymore on … Continue reading

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Another Voice For Glass-Steagall To Avert Global Financial Crisis

Finally, there’s a voice of reason in the mainstream press, the New York Times no less.  Here is an opinion about banking and the Glass Steagall Act, saying it seems “miraculous.”  It talks a little about the separation of commercial … Continue reading

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