Letters Show Housing Red Flags Ignored

mortgage industry players repeatedly warned Federal Reserve, the FDIC. and other bank regulators that the U.S. faced an imminent housing crash

UPDATE: Largest-ever federal payroll to hit 2.15 million

topping 2 million for the first time since President Clinton

Most of the increases are on the civilian side, which will grow by 153,000 workers, to 1.43 million people

Obama Seeks $1.9 Trillion Tax Rise on Rich, Business-- But, wait! There's MORE!

increase taxes on Americans earning more than $200,000, and take in an additional $400 billion from businesses

minimum tax can impose higher rates on families earning between $75,000 and $500,000

would limit the value of itemized deductions for gifts to charities, investment expenses and mortgage interest

Watchdog: Catastrophic Financial Meltdown Looms

Bank Bailouts Created More Risk in System

..'absent meaningful reform, we are still driving on the same winding mountain road, but this time in a faster car'

UPDATE: Terror Trial Likely to Leave N.Y.

growing criticism from New York City about the expense and inconvenience

State of the Union: President strikes a populist note

but offers few concrete suggestions for achieving conciliation

U.S. Deficit to Reach $1.35 Trillion

outlook 'bleak'

CBO said the government will run an aggregate deficit of almost $6 trillion during the next decade

could lead to a currency shock, inflation, crippling interest rates or other economic maladies

Change? Obama's Approval Most Polarized for First-Year President

65 percentage-point gap between Democrats' (88%) and Republicans' (23%) average job approval ratings

exceeding the prior high of 52 points for Bill Clinton

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