http://www.isnare.com/?s=author&a=Danny+Schechter Finances Danny Schechter Fri, 07 Nov 2008 00:00:00 +0800 http://www.isnare.com/?aid=312417&ca=Finances The easy availability of credit has created what Robert Manning calls our Credit Card Nation, where we are encouraged to shop until we drop. In the aftermath of the terror attacks of September 11, 2001, President Bush made that point shamelessly when he told the American people that the best way to... Finances Danny Schechter Mon, 27 Oct 2008 00:00:00 +0800 http://www.isnare.com/?aid=309291&ca=Finances If there's a word that is universally invoked in the world of finance, it’s “transparency.” The word comes to us from the 16th century with the connotation of “shining through,” The idea is simple. Transparency is about being able to see what is going on and to have key practices disclosed. Without... Finances Danny Schechter Tue, 21 Oct 2008 00:00:00 +0800 http://www.isnare.com/?aid=308012&ca=Finances 1. IT WAS NOT A MISTAKE: IT WAS A SCHEME Many people thing the economy is in free fall because some businesses made mistakes or because “everyone’s to blame.” Irresponsible borrowers are being equated with irresponsible lenders. Republicans are blaming Democrats, and vice versa. What the blame game... Finances Danny Schechter Tue, 21 Oct 2008 00:00:00 +0800 http://www.isnare.com/?aid=308018&ca=Finances According to a Senate report, the starting point of this crisis was in 1997, during the reign of the Clinton Administration. It was then that a period of housing price appreciation began – increasing by nearly 85% until 2006. Home prices jumped by 124%. This was unusual, having occurred only once be...