OPINION

A Culture of Debt

People walk past a board displaying exchange rates in a money exchange house at Times Square in New York
At both the individual and collective level, Americans have created and embraced a culture of debt. Spurred by our gluttony, we have developed an untenable habit of spending beyond our means, and it must be stopped or else generations to come will be saddled with debt, left unable to harness the American dream and prosper because it simply will no longer exist.

Lehman Brothers Comes Back From the Dead

People stand next to windows, above animated sign, at Lehman Brothers headquarters in New York
Over the past few days, Lehman Brothers has announced several actions one might not expect from what is arguably the most notorious bankrupt company of the last decade. It is looking to name a new board of directors and is engaging in a bidding war for another company.
U.S. Budget

The Quickest Way to Balance the U.S. Budget

Sooner or later, income taxes on upper-income groups in the United States, including the uber-rich, have to be raised to balance the federal budget, and to restore tax fairness.
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Jerry Sandusky Will Not Plea Guilty

Jerry Sandusky Interview: 'I'm Not the Monster'

Jerry Sandusky gave his first on-camera interview since being charged with molesting eight boys over the course of 15 years, with more incidents reportedly under investigation. As the man at the center of the Pennsylvania State University child sex-abuse scandal, it may not have been a wise move.
A Bank of America ATM location

Bank of America (NYSE:BAC) is the Stock That Just Won't Die

It seemed like it was only yesterday (perhaps because it actually was only three days ago, on Tuesday), when the shares of the banking giant teetered precariously above the $5 mark, a few cents off the dreaded "4 handle." Many were predicting a catastrophic sell-off. Fast-forward to today and Bank of America is trading at $5.74 per share, a jump of 13.66 percent in slightly over 60 hours.
Newt Gingrich

Is Newt Gingrich Evil? No. Offensive? Yes.

One of Newt Gingrich's former Republican colleagues called the current GOP presidential frontrunner an evil person on Tuesday. Do his previous policy positions and statements support that characterization?
U.S. Job Market

Five Ideas to Create U.S. Jobs

The stark truth of the matter is that unless the private sector starts hiring en masse (including non-profit organizations), absent a surge in exports, it will be up to the public sector to provide stimulus to create jobs.
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Will Kansas Repeal Its Unconstitutional Sodomy Law?

An equal-rights group in Kansas is asking Gov. Sam Brownback to repeal the state's sodomy law, which was rendered unconstitutional by a Supreme Court ruling eight years ago. Some legislators argue that, since the law is unenforceable, it isn't worth the effort to repeal it. But laws have symbolic meaning whether they are enforced or not.
A common thresher shark (Alopias vulpinus) with its dorsal fin cut off.

The Shark Fin Soup Tradeoff

Over the past year, the international movement to halt the shark fin trade has made leaps and bounds, moving up the chain from campaigns targeting consumers to efforts by politicians to implement stricter legislation against the sale, possession and distribution of shark fins. From the U.S. West Coast to Europe and Asia, progress is being made to turn the dish itself into an endangered menu item.
L.I.Bus

Long Island Eye: Is This the Bus for Paris?

Nassau County has a New Year’s gift for 100,000 daily passengers on L.I. Bus: it’s going French, having been sold to France’s Veolia Environment SA, whose transportation unit operates many other U.S. systems.
President John F. Kennedy

Remembering President John F. Kennedy

It has been said that the U.S. lost its innocence on November 22, 1963. Forty eight years have passed since President John F. Kennedy was assassinated on that horrific day in Dallas. And in some sense, the nation has never fully recovered.
U.S. President Barack Obama and Secretary of State Hillary Clinton

Hillary Clinton for President 2012 Gaining Momentum?

Hillary Clinton for President 2012 may be gaining momentum. Two Democratic pollsters, including one who worked for Bill Clinton and another who worked for Jimmy Carter, have stepped out and said suggesting that very thing. They argue that President Barack Obama should give up on another four years in office to roll out the political red carpet for Hillary Clinton.
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Technology Focus: Suicide is Not Painless

The technology community last week mourned the suicide of Ilya Zhitomirskiy, a brilliant young mathematician who co-founded Diaspora, a social network site devoted to privacy.
Congress' Super Committee

U.S. Deficit Super Committee Risk: Inciting Downgrade Drama II

Some economists are warning that failure to reach a plan by the super committee could cause another credit rating downgrade for the U.S., similar to the S&P downgrade, which sent shock and uninspired awe rippling through global financial markets. Reasonably, one might expect the super committee to reach agreement on a plan, considering the amount of money they are dealing with -- $1.5 trillion -- is small in the big scheme of things.
Financial Crisis

Saving Capitalism from the Capitalists

Prudent interventions by major central banks averted a global financial calamity during the financial crisis’ acute stage three years ago. Another intervention to address Europe may be needed, and should be implemented, if central bank officials deem it necessary.
University of California Los Angeles (UCLA) campus

21st Century Changes on the Road to Adulthood

There’s been an upsurge of reporting on the happenings of young Americans. If the news isn’t reporting on the recession’s impact on fresh graduates, they’re noting that young Americans are marrying later in life and suffering from what some call “failure to launch syndrome.” As the New York Times so recently, and aptly, asked: “What is it about Twenty-Somethings?”
Siri Voice Recognition

Dear Siri, Do You Love Me?

Apple’s mega-selling new iPhone 4S has everyone in titters. It has a faster processor, a better camera, a new and improved this and that. But really, it’s all about Siri. She’s the seductive little voice-activated personal assistant that lives inside every new iPhone.

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