FROM David C. John
American Workers and the Retirement Squeeze For the first time since the New Deal, retiring Americans will be worse off than their parents, and it's not just because of the Great Recession. Guaranteed pensions have been replaced by 401(k)'s -- but they make more for the financial industry than they do for retirees. There's a growing consensus that more than half American workers over 30 will be unprepared for retirement. Can popular personal financial advisers help? Are wage earners at fault for spending instead of investing or are they just not making enough money?
Credit Card Companies Max Themselves Out on Capitol Hill Liberal Senate Democrat Chris Dodd and conservative Republican Richard Shelby have co-authored a bill to reform the business of credit-card lending. In his latest weekly radio address, President Obama indicated that its time has come .
Cracking Down on Credit Card Companies During good times, consumers were seduced with easy credit. Now, angry card-holders tell stories about rising interest rates and decreasing limits. Card companies, including some banks with taxpayer bailouts, are changing the rules. Liberal Senate Democrat Chris Dodd and conservative Republican Richard Shelby have co-authored a bill to reform the business of credit-card lending. In his latest weekly radio address, President Obama indicated that its time has come . Some sleazy practices might be ended. But credit might also be harder to come by in times of need. Is that necessarily a bad thing? We look at the pros and cons.
Trump, the GOP and the rule of law Conservatives — and some Republicans — are criticizing the President for "the mess he made" in firing FBI Director James Comey. We hear about a potential successor, the possibility of "obstruction of justice" and the constitutional separation of powers.
Concern deepens amid Trump's controversies President Trump delivered today's commencement speech to the Coast Guard Academy in Connecticut. As he praised the accomplishments of the graduates, he listed some of his own… and made reference to reports that he leaked intelligence to the Russians and tried to shut down an FBI Investigation into his associates.
Will the GOP weather the storm with Trump or jump ship? Breitbart news claims that the GOP "establishment" has it's knives out" for President Trump, but Republicans in Congress are mostly supportive… at least in public. We look at whether that's likely to last.