Other nations speak out, holding US responsible for subprime

Countries around the world appear to hold the United States responsible for the subprime crisis, as they rightfully should. In the United States many people hold the federal government responsible for lack of regulatory enforcement. Tracking the issue back even further, state regulations were set aside in favor of federal-level regulations established by the Office …

Details of new US stimulus package

The Senate today added payments for seniors and disabled veterans to an economic stimulus package approved by the House that would send checks to most American families, and then approved the $151 billion package designed to help the United States economy. Families should begin receiving checks by mid-May. The legislation would provide $600 payments for …