Why the U.S. is No Longer the Land of Opportunity

One of the nagging questions I have had about the Occupy Wall Street movement is why now. Income inequality is nothing new. And while it appears that the recession has been worse on the unemployed and the working poor than the rich, recent data from the U.S. Census Bureau show that for the first time in a while the U.S. income gap …

Should Greece Ditch the Euro?

Talk about drama. Before Greek Prime Minister George Papandreou on Thursday backed away from plans to hold a controversial referendum on the bailout for Greece, he, German Chancellor Angela Merkel and French President Nicolas Sarkozy emerged from an emergency meeting on Wednesday with a bombshell: Greece will have to decide if it wants …

Bond Yield Hits Historic Low: 0%

The Treasury Department set at zero the fixed portion of the yield on Inflation bonds, guaranteeing that new buyers will never earn more than the rate of inflation for the 30-year life of their investment.

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