The high cost of nursing home care. 1.3 million elderly Americans live in nursing homes. 70 percent rely on Medicaid to pay bills that average $83,000 a year. Should we be figuring out how to support the home care system more?
How mortgage rates affect car purchases, credit card debt and jobs
It was unfathomable to think back then that sub-prime mortgages, ARM teaser rates, and new terms to the general public like derivatives and swaps, could nearly bring down the global economy. And yet here we are five years later, dealing with a fragile economy because aftershocks are still being felt because of the Global Financial Crisis. #mortgage #mortgagelender #mortgagebroker #housing #housingmarket #canada
Bankers Who Commit Fraud, Like Murderers, Are Supposed to Go to Jail---------- Wow, some things are really hard for elite media types to understand. In his column in the Washington Post, Richard Cohen struggles with how we should punish bankers who commit crimes like manipulating foreign exchange rates (or Libor rates, or pass on fraudulent mortgages in mortgage backed securities, or don't follow the law in foreclosing on homes etc.).