The Financial Times marks the one year anniversary of the credit crunch with a special section called The Big Freeze. The game of naming the credit crunch has gotten out of hand, as NY Times columnist and Princeton economics professor Paul Krugman pointed out, saying:

According to Huffington Post and CNN reports, John McCain’s Ferragamo shoes cost $520. You’re a true man of the people when a single pair of your shoes costs the same as tax rebate checks that just went out only to those who qualified–and those who actually qualified really do need the money for food or [...]

Women only able to get fresh Botox every eight months? People who once got new Bentleys yearly only upgrade every two years? Yes, things are bad in Beverly Hills, as the Daily Show’s latest economic analysis points out…

As gas pains plague America, the media subjects us to increasingly painful coverage of the topic. The Daily Show did a good segment on the topic, which is shown below in full. The best part is toward the end where the man-in-the-street guy at the gas station says of high gas prices: “I just close [...]

This week, The Daily Show continued it’s parade of second-rate talent since A-list talent (rightfully) won’t cross a picket line to appear on the show. CNN’s personal finance editor Gerri Willis was on to: “decipher the gibberish that can be heard on other financial programs.” But she was the one spitting gibberish. After reviewing a [...]