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Unlike the current housing crisis, the report indicated that smaller community banks face a greater risk than large Wall Street banks...
...only does high unemployment severely hurt our country’s future, but it also hinders our ability to recover from the current crisis due to its effect on the national psyche. As renowned behavioral economist Robert Shiller clearly articulated in a recent New York Times article, for a country to truly recover from an economic crisis, workers must be personally invested in the country’s economy, confident enough to take out loans, and willing to take risks to fuel growth. Right now, the entire country is frozen in economic fear, paralyzed by the shattering depth...
...practice of double-cycle billing, in which your creditor uses your average balance over the current and previous billing cycles rather than the previous one - a trick that can wind up costing you a pretty penny...
...clear that the thunderous reaction to this Obama-as-failure thesis represents the current mood of the conservative rank and file, talk-radio hosts and Republican candidates throughout the land, and that they are likely to keep up the theme straight through the midterms - both because it is a powerful rallying cry and because they genuinely believe it. But surprisingly, facing such a united, unshakeable, on-message opposition isn't even Obama's biggest challenge right...
...Throughout his life, Barack Obama has succeeded in almost everything he has ever tried. And his frustration with his current circumstances - especially the blatant political unwillingness of Republicans to work with him, even on matters on which they agree - is totally understandable and justified. But such realities...