Declaration of Independence and flag

    Timeline of U.S. Federal Debt Since Independence Day 1776

    As we get closer to marking our 237th year of independence, we felt it was a good time to reflect on how debt is woven into our country's fabric. As our Founding Fathers developed the original Thirteen Colonies into the independent United States of America ...

    JP Morgan Chase faces lawsuit for fraudulent debt collection

    JP Morgan Chase Slammed for Debt Collection Fraud

    Is the bank that issued your credit card dunning you for money it says you owe it? It's possible.There's nothing wrong with them trying to get it, as long as they do it in an orderly, transparent and lawful way. However, when evidence of wrong-doing ...

    murphy's law sequester

    Congress, White House Make Sure Sequestration Proves Murphy’s Law

    It seems the only law Congress can get its head around these days is Murphy's. You know, the one that states that: "If anything can go wrong, it will!"Consider: we've just weathered the first few days of the sequester, the $85 billion "self-inflicted ...

    obama sequester

    Obama, We Need President Who Can Lead and Not Blame

    Government services, teaching positions, research projects and hundreds of thousands of jobs are about to be cut in another self-inflicted crisis in Washington – The Great Sequester – and what are the country’s leaders doing about it?House Majority ...

    state of the union

    In State of the Union, Obama Focuses on the Economy

    America needs a reality check.At least, that’s what President Obama said in last night’s State of the Union address. While the president acknowledged the fact that the economy is improving, businesses are creating new jobs and the stock market is ...

    post office

    Do We Need the Post Office Anymore?

    America’s never-ending ping-pong match with the United States Postal Service – I love it! I hate it! Close it down! No, keep it open! – is back on.The announcement that the Postal Service will discontinue Saturday service on Aug. 1 has re-started ...

    SEO Chair Mary Jo White

    Is the New Head of the SEC Dr. Jekyll or Ms. Hyde?

    President Obama's nominee to head the Securities and Exchange Commission (SEC), the government agency charged with regulating the nation's stock exchanges and securities markets, is Mary Jo White.How White handles her new post will reverberate all the ...

    Debt ceiling is another fiscal cliff

    Inaction on Debt Ceiling a Drag on Business and Unemployment

    The legislation that kept the United States from going over the fiscal cliff was fool’s gold for anyone who thought it would help American businesses and the 12 million people standing in the unemployment line.On the one hand, the bill provides an ...

    John Boehner re-elected

    We’ll Return to (Congressional) Action after These Brief Words

    On Thursday, House Speaker John Boehner, R-Ohio, addressed the opening session of the newly elected 113th Congress. In addition to offering all the traditional niceties, he paid tribute to the historical significance of the moment by invoking the Founding ...

    Fiscal cliff unhappiness

    The Pursuit of (Un)happiness: The Emotions Behind the Fiscal Cliff Legislation

    In his prelude to the House of Representative's Jan. 1 vote ratifying the Senate bill that prevented the nation from going over the hyperbolic "fiscal cliff," U.S. Rep. David Drier (R-Calif.), chairman of the Rules Committee, invoked the sentiment (if not the ...

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