Topic: U.S. Republican Party

Republicans increasing risk of recession: Geithner

US Treasury Secretary Timothy Geithner warned Republicans that they risk helping to tip the country into recession if they fail to back President Barack Obama's jobs bill late Tuesday.Speaking just before the Senate was expected to vote down the $447 billion plan, ...

Analysis: Confidence in Obama's leadership shaken

WASHINGTON (Reuters) - A spree of bad news -- market gyrations, fears of a double-dip recession, stubborn unemployment and fallout from a debt deal -- has shaken confidence in President Barack Obama's leadership and could cloud his chances for winning re-election.Obama is ...
Democrats and Republicans in Washington need to stop blaming each other over the unprecedented US credit rating downgrade and find solutions, China's official Xinhua news agency said early on Monday.The demand came in a lengthy and harshly worded commentary, the latest in ...

Obama nominates head of new consumer agency

President Barack Obama on Monday named former Ohio Attorney General Richard Cordray to head the new Consumer Financial Protection Bureau, an agency Republicans have sharply criticized. The CFPB, which was a centerpiece of last year's financial regulatory law, is intended to avoid ...

Bill to reform Fannie, Freddie unlikely soon

WASHINGTON (Reuters) - The U.S. housing finance system badly needs an overhaul, but chances for winding down ailing mortgage giants Fannie Mae and Freddie Mac in the near term are remote, the top Republican on the U.S. House of Representatives Financial Services ...

Crisis commission partisan divide goes public

WASHINGTON (Reuters) - The panel empowered by Congress to investigate the causes of the 2007-2009 financial crisis is falling prey to the partisan bickering gripping Washington.On Wednesday, the four Republicans on the 10-member Financial Crisis Inquiry Commission released a preliminary report on ...

An ideological divide

In book, former president admits mistakes — his party should follow suitFormer President George W. Bush is back in the news, peddling his newly published memoir and trying to rehabilitate his image. In an interview published Tuesday in USA Today, Bush said, ...
A high percentage of middle class people in any country signify a strong economy. They're like the wind before the hurricane; they announced to the middle class that a hurricane is on its way. Mrs. Albert, the psychologist who has been in ...
When the GDP is growing annually, even due to precarious bubble, there are always additional resources to be split between leadership of various factions that support (or might support) the government in power. The future of United States is not being bound ...
With the approaching elections, the Republican spin machine is hard at work turning gold into straw. "The Great Depression (also known in the U.K. as the Great Slump) was a dramatic, worldwide economic downturn beginning in some countries as early as 1928. ...
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