Posts Tagged ‘economy’

Dykstra Bankruptcy Nails Hammered


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Lenny Dykstra is suffering from a financial fallout, with CNBC’s Jane Wells.

Duration : 0:3:7

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Global Economic Trends: The Credit Crunch

George Soros, Chairman, Soros Fund Management LLC; Author, The New Paradigm for Financial Markets: The Credit Crash of 2008 and What It Means Presider: Sebastian Mallaby, Deputy Director of Studies, Director of the Maurice R. Greenberg Center for Geoeconomic Studies, and Paul A. Volcker Senior Fellow for International Economics, Council on Foreign Relations (May 7, 2008 at the Council on Foreign Relations)

Duration : 1:2:51

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Hate your Credit Card Bills? MAXED OUT – NOW ON DVD

Maxed Out takes viewers on a journey deep inside the American style of debt, where things seem fine as long as the minimum monthly payment arrives on time. With coverage that spans from small American towns all the way to the White House, the film shows how the modern financial industry really works, explains the true definition of “preferred customer” and tells us why the poor are getting poorer while the rich keep getting richer. Hilarious, shocking and incisive, Maxed Out paints a picture of a national nightmare which is all too real for most of us. Great for college students.

Duration : 0:2:15

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Obama Signs Credit Card Reform

REMARKS BY THE PRESIDENT
AT SIGNING OF
THE CREDIT CARD ACCOUNTABILITY, RESPONSIBILITY AND
DISCLOSURE ACT

Rose Garden

3:08 P.M. EDT

THE PRESIDENT: Hello, everybody. Please, have a seat — I’m sorry. It is a great pleasure to have all of you here at the White House on this gorgeous, sunny day. The sun is shining. The birds are singing. Change is in the air. (Laughter.)

This has been a historic week; a week in which we’ve cast aside some old divisions and put in place new reforms that will reduce our dependence on foreign oil, prevent fraud against homeowners, and save taxpayers money by preventing wasteful government contracts; a week that marks significant progress in the difficult work of changing our policies and transforming our politics.

But the real test of change ultimately is whether it makes a difference in the lives of the American people. That’s what matters to me. That’s what matters to my administration. That’s what matters to the extraordinary collection of members of Congress that are standing with me here, but also who are in the audience. And we’re here today because of a bill that will make a big difference: the Credit Card Accountability, Responsibility, and Disclosure Act.

Duration : 0:11:17

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