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Channel: Helaine Olen » Money
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Pensions? Always someone else’s problem

Detroit’s workers are not the first to see their retirement finances suddenly reduced – they are only the most recent If a city declares bankruptcy and its current and retired workforce ranging from...

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Pensions? Always someone else’s problem

Detroit’s workers are not the first to see their retirement finances suddenly reduced – they are only the most recent If a city declares bankruptcy and its current and retired workforce ranging from...

View Article

Image may be NSFW.
Clik here to view.

All the president’s deja-vus

Thursday’s speech on the economy was just like all the others – it sounded great, we got excited, then poof! We moved on This week Barack Obama remembered the middle class. You know them. The people...

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All the president’s deja-vus

Thursday’s speech on the economy was just like all the others – it sounded great, we got excited, then poof! We moved on This week Barack Obama remembered the middle class. You know them. The people...

View Article

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Clik here to view.

Toils and troubles of a new housing bubble

The real estate market in southern California, like in many parts of the US, is hot again – but we should know better this time It was while I was standing in the living room of a beach bungalow...

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Making capitalism out of lemons

Today’s discerning parents insist lemonade stands teach children lessons about capitalism – can’t we all just have fun? Let’s take a moment to praise the humble lemonade stand. Defending the nation’s...

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President Obama’s Amazon jobs pitch is hard to buy with one click

Weak job growth, low pay and Amazon’s hypocrisy undermine the administration’s story about new opportunities President Barack Obama inadvertently foreshadowed July’s mediocre employment numbers when...

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The curse of student loan debt: owe while you’re young, live when you’re old

Student debt and dead-end jobs have put many young Americans in dire circumstances outside their own control Once upon a time, we invested in our young people so that they could enter the world...

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Giving up coffee to balance the books: how many lattes to financial freedom?

Cutting back on minor expenses won’t save you much in a country where luxuries are cheap and necessities expensive It’s not our daily latte that is driving us to the poorhouse. It’s our Lipitor … and...

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Do-it-yourself retirement v the plan that guarantees your income for years

A new idea in California could wrest retirement away from the financial industry and guarantee income for generations at risk There is a long-running idea in American life that all trends start on the...

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