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Obama: McCain mortgage plan ill-advised
The Swampby John McCormick, updated DAYTON, Ohio - Sen. Barack Obama once taught constitutional law, but his lecture today was again primarily on economics, and he made clear that he does not like the new homeowner assistance plan being pushed by......Tags: John McCain, Baseball, Politics, Barack Obama, Ted Strickland
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Details on market bailout emerge
The SwampAssistant Treasury Secretary Neel Kashkari speaks to the Institute of International Bankers Monday. (AP/Haraz N. Ghanbari) by James Oliphant Neel Kashkari has a critical job that didn't even exist a few weeks ago. He's the "assistant secretary for...Tags: Defense, Investment Service, Politics, Financial and Business Services, Financial Markets
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Money mess not from loans to minorities
The Swampby Frank James There's been a concerted effort by some to blame the global financial meltdown on lower-income people who got into houses they couldn't afford. The argument takes different forms. The Community Reinvestment Act or CRA forced banks to......Tags: John McCain, Barack Obama, Fannie Mae, Financial and Business Services, Crime, Law and Justice
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Reality distortion II: Palin's distortion by deletion
Spin CycleAnother example of how people come to believe completely opposite things about what is going on in the presidential race: Consider the plan McCain unveiled at Tuesday's debate to buy distressed mortgages to help homeowners. As reported, that night......Tags: John McCain, Barack Obama, Sarah Palin, $700 Billion Bank Bailout (2008)
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Credit crisis fixes: Six ideas here
The Swampby William Neikirk A major economic stimulus package, including funds to rebuild the nation's infrastructure, is shaping up as one of the top ideas for responding to the worst financial crisis since the 1930s. Asked to name key measures that......Tags: Moody's Corporation, Politics, Ronald Reagan, Chicago Mortgages, Central Bank
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McCain's Economy Plan, a day late
Spin CycleMcCain unveils his economic plan, in addition to his proposal to spend $300 billion purchasing mortgages at face value and renegotiating them at lower values. It comes a day after Obama unveiled his stimulus plan, involving job credits for small......Tags: Politics, State Budgets, Career and Workplace, Unemployment
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Obama, McCain economic duel
The Swampby Jill Zuckman TOLEDO, Ohio--Sens. Barack Obama and John McCain battled long-distance over the economy Monday as Obama offered new proposals to aid middle-class voters, including a moratorium on mortgage foreclosures, while McCain presented himself as...Tags: Retirement, Politics, Barack Obama, Labor Legislation, Financial and Business Services
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ACORN, villain or victim?
The Swampby Frank James ACORN, the community organizing group, has become the incarnation of all that is unholy for many Republicans who accuse it of doing two things: trying to steal the presidential election for Sen. Barack Obama and causing the......Tags: Barack Obama, Financial Markets, Crimes, Election Day, Investments
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McCain unveils economic proposals
The Swampby Jill Zuckman Blue Bell, Pa. - Fighting to stay competitive with Barack Obama, John McCain unveiled Tuesday a $52.5 billion economic plan to eliminate taxes on unemployment benefits, cut the capital gains tax rate in half for the next......Tags: Retirement, Politics, Barack Obama, Financial and Business Services, Joe Biden
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ACORN: McCain's a zero on foreclosures
The Swampby Frank James ACORN continues to fight back against Republican charges that it's the cause of, among other evils, the housing meltdown which contributed to the global financial crisis. We're heroes, McCain's a zero on the foreclosure crisis, is the......Tags: John McCain, Politics, Fannie Mae, Financial Markets, Financial and Business Services
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McCain unsurprised by Powell Obama nod
The Swamp(AP Photo/FOX News Sunday, Gary Gardiner) by Frank James Sen. John McCain, appearing on Fox News Channel this morning, responded to Gen. Colin Powell's nationally televised endorsement this morning Sen. Barack Obama for president. Powell's was a coveted...Tags: Abraham Lincoln, Defense, Trade Agreements, Ronald Reagan, Barack Obama
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Greenspan: Money mess rocked his world
The Swampby Frank James Alan Greenspan, the former Federal Reserve chairman, told Congress today his belief of 40 years, that banks and other financial institutions would only act in their self interest and never do anything so aggressively stupid as......Tags: Government, Philosophy, Financial and Business Services, Economy, Business and Finance, Barney Frank
Oct 9, 2008
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Oct 13, 2008
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Oct 13, 2008
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Oct 11, 2008
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Oct 12, 2008
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Oct 14, 2008
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Oct 14, 2008
|Blog| Chicago Tribune
Oct 14, 2008
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Oct 14, 2008
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Oct 16, 2008
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Oct 19, 2008
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Oct 23, 2008
|Blog| Chicago Tribune
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