A key to understanding the housing bailout is that two very different groups of homeowners face foreclosure.
The more things change, the more they stay the same.
The same problems that we had in 1988 are the same problems that we have today, regardless of how many times we’ve been convinced we’ve voted for “change”.
The Justice Department is assigning the corruption case of former Senator Ted Stevens of Alaska to a different legal team to handle accusations of prosecutorial misconduct.
While a drastic reduction in military spending is unlikely, several high-dollar, high-tech weapons systems will be under the most scrutiny.
General Motors and Chrysler promised to make further cuts, in hopes of lightening their bloated cost structures amid a dismal market for new car sales.
The Environmental Protection Agency inched closer to the possible regulation of emissions of heat-trapping gases from coal-fired power plants.