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Europe's Car Industry: If Plants Close, Then What?

JENNIFER CLARK, Reuters | May 16, 2012

Under the lights of the Geneva motor show in March, Europe's top auto executives boasted about the new features...

Now, As You Strive to Pay Off Your Student Loans...

MAUREEN MACKEY, The Fiscal Times | May 15, 2012

The differences in both substance and tone between President Obama’s speech at Barnard College in New York on...

How Immigrants Live in America: A Census Portrait

YUVAL ROSENBERG, The Fiscal Times | May 15, 2012

The Census Bureau last week provided a statistical glimpse into the lives of immigrants in the U.S. In a...

Why Parents Say 'No' to Paying for College

CHRIS TAYLOR , Reuters | May 15, 2012

Tracy Repchuk's three children are still in grade school, but she's already got college funding figured out. The...

Exclusive Survey: The Hottest Brands Among Millennials

JULIE HALPERT, The Fiscal Times | May 15, 2012

What products do millennials most covet? A May 2012 survey, "Millennial Shopping Behavior" of roughly 400...

Geithner: JPMorgan Loss Strengthens Fin-Reg Bill

ERIC PIANIN, The Fiscal Times | May 15, 2012

Citing a silver lining in JPMorgan Chase’s $2 billion trading loss,Treasury Secretary Timothy Geithner said on...

Why JPMorgan’s Risk Management Failed

SUZANNE MCGEE, The Fiscal Times | May 15, 2012

It’s probably a safe bet that JPMorgan Chase (JPM) CEO Jamie Dimon had been looking forward to today as an...

House Bill Backs Weapons of Mass Delusion

MERRILL GOOZNER, The Fiscal Times | May 15, 2012

The Republican-led House is planning this week to approve a Pentagon budget larded with budget-busting missile...

Memo to America's CEOs: Buckle Up and Fly Right

MAUREEN MACKEY, The Fiscal Times | May 15, 2012

Chesley “Sully” Sullenberger, the pilot who safely landed disabled U.S. Airways Flight 1549 in the Hudson River...

Eurozone Crisis Has Investors Heading for the Grexit

JACQUELINE LEO, The Fiscal Times | May 14, 2012

If you were writing the story about the financial crisis and the euro crisis as a work of fiction, your editor...

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5 Questions For...

Bill Bradley
Former N.J. Senator

"Are Super PACs threatening democracy?"

"There’s no question. They should be illegal. Citizens United was a ludicrous ruling by the Supreme Court. The only way to deal with it is by a constitutional amendment limiting the amount of money that can be spent on political campaigns."
"You say we need public financing of political races. Why?"

"For about $3 billion a year out of a $3.5 trillion budget we could take all the special interests out of the legislative process. It would then be influenced more by argument and facts than by dollars. Money is a corrupting influence."
"Your view of the presidential campaign so far?"

"The GOP primaries were mean and petty, a blamefest with far too little focus on America’s future. President Obama and Mitt Romney, if he’s the GOP candidate, have to lay out what they would do to fix this country for the future. "
"Do you feel the president should win reelection?"

"I do and I think [President Obama] is uniquely qualified to lead this country for a second term, but he’s got to lay out specifics. I think he’s starting to do that now, with his focus on education and infrastructure, among other things."
"Why is now the time to tax energy inefficiency?"

"We need more jobs, but we have a great disincentive for hiring in the way we tax work and employers. Let’s have a tax on pollution, on energy inefficiency. We should tax things, not people. "

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Cartoons

“In the future, everybody will have fifteen minutes of health-care coverage.”
”We don’t use the Congressional Budget Office. We have our own figures.”
“And, in our continuing effort to minimize surgical efforts, I’ll be hitting you over the head and tearing you open with my bare hands.”
“The social conservative in me tells me to pay for dinner, but the fiscal conservative thinks we should split it.”
“Personally, I liked this roller coaster a lot better before the Federal Reserve Board got hold of it.”
“Kids, your mother and I have spent so much money on health insurance this year that instead of vacation we’re all going to go in for elective surgery.”
1. “You can rest assured, Mrs. Wilson, that your husband will receive the best care known to medical coverage.”

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My Space was the hottest thing on the planet. Everybody was on My Space and then they weren’t. Because it’s not brick and mortar. A big idea comes along tomorrow and Facebook is My Space..