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TARP Watchdog Reports Treasury Allowed Excessive Bonuses

Exiting Treasury Secretary Timothy Geithner In a new report the Special Investigator for TARP cites the Treasury Department for allowing excessive pay to bailout companies: SIGTARP found that once...

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Avoiding Mortgage Modification and Foreclosure Rescue Scams

house autum 300×199 Avoiding Mortgage Modification and Foreclosure Rescue Scams Home ownership has long been part of the American dream, but financial difficulties have the potential to turn them into...

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Colleges Pushing Poor Students Into Debt To Give Aid To Rich Ones

A report by the New America Foundation details the systematic undermining of the financial aid system by colleges and universities who are using financial aid to attract wealthy students rather than...

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80 Percent Of Americans Near Poverty As Obama Laments Less Mobile Society

According to a new survey made available to the Associated Press, 80 percent of U.S. The rest is here: 80 Percent Of Americans Near Poverty As Obama Laments Less Mobile Society

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Poll: Americans No Longer Believe In American Dream

With even President Obama lamenting the loss of social mobility in America it now seems the majority of the American people no longer believe in the American Dream. According to a Bloomberg Poll the...

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MacArthur Foundation: The housing crisis is not over for 7 in 10 Americans

While steady home price appreciation may have real estate professionals and economists thinking the housing market is on the mend, it does not not feel that way to the vast majority of homeowners and...

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Obama Backs Away From Inequality Debate To Comfort Corporate Democrats

Months ago it was “the defining issue of our time”   today it’s a hazy memory of a dreamy talking point. According to the Washington Post, President Barack Obama has “largely abandoned” talking about...

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