These past few days watching the news programs covering the events up in Washington, D.C., I heard something that should scare everyone. ...more

March 28, 2009

Two plans to attack the credit crisis are careening into each other. The Obama administration is trying to reignite lending by enticing private lenders to buy the toxic assets that have been stuck on the balance sheets of banks. ...more

March 28, 2009

The Obama administration on Thursday unveiled a sweeping overhaul of the financial system designed to impose greater regulation on major players like hedge funds. ...more

March 26, 2009

Our Congress had a field day this week grilling the CEO of AIG, Edward Liddy, and making hay about bonuses that the company paid to some of its executives from bailout money. ...more

March 21, 2009

At some point a person just has to believe things are getting better. For a lot of Americans, that's almost impossible, and with good reason. But there are flickering signs, and even a few non-partisan experts are saying there is a light at the end of the tunnel. ...more

March 20, 2009

The Federal Reserve said Wednesday that it will deploy an additional $1.2 trillion to try to lower interest rates and stimulate the economy, an aggressive move aimed at containing the recession. ...more

March 19, 2009

We can sympathize with the people who have been struggling for years to pump life into New Port Richey's downtown. Exhibit A in their tale of woe is Main Street Landing, the mixed-use project that during the Florida property boom of the early part of this decade appeared to be the kick start downtown had needed. Given the current economic situation, however, trying to get the project back in gear right now might not be a good idea. ...more

March 18, 2009

Seattle Paper Goes Online Hearst Corp. announced Monday that the Seattle Post-Intelligencer will print its last newspaper edition today and become exclusively Web-based as www.seattlepi.com, making it the nation's largest daily newspaper to move to online only. ...more

March 17, 2009

America's recession "probably" will end this year if the government succeeds in bolstering the banking system, Federal Reserve Chairman Ben Bernanke said Sunday in a rare television interview. ...more

March 16, 2009

As they prepare to open a two-day meeting Tuesday, Federal Reserve policymakers are weighing whether to launch new programs or expand existing ones to spur lending, get Americans spending again and lift the country out of recession. ...more

March 16, 2009