Former Labor Secretary Robert Reich said he could explain the problems with the economy in less than 2 minutes, 15 seconds—and he did it (with illustrations to boot). It’s great! Check it out.

I was having coffee with a friend, who finally opened up and admitted she was in dire financial straits, hadn’t worked in over a year. Her features were equal parts relief and misery for she had spoken to almost no one about this. Yes, she had heard rumblings of others in similar circumstances, of course, [...]

What happened to trying to unravel last fall’s financial meltdown, for that matter what happened to the meltdown altogether? The stock market is back to almost pre-meltdown levels. The bonuses continue to be spread around the boardrooms. The high-end restaurants have filled back up to bursting here in LA and in NY. The media’s excited [...]