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Virtually all of America's financial and political artillery has been dragooned into the great task of heading off a recession. This is exactly the wrong way to go. As painful as it will be in the short run, a recession is just what we need. Our ...
- ProPay Launches New MicroSecure Card Reader (AuctionBytes)
ProPay launched a new MicroSecure Card Reader designed for mobile, small and home-based merchants who accept credit and debit card payments in face-to-face transactions. Credit or debit card information is encrypted at swipe and stored in coded form for later processing or is transmitted and processed real-time through ProPay's secure virtual terminal from any Internet-connected PC.
- Gamblers cheer horse named Subprime - Washington Post
Resize NEW YORK -- The mortgage problems that have helped shape the current economic downturn have made "subprime" an unwelcome word to investors. For gamblers, however, Subprime drew cheers this week. That was the name of a horse that won the ninth ...
- Economy's other financial woes make home foreclosure crisis more ... - Minneapolis Star Tribune
WASHINGTON - Each day from July through September, more than 2,700 Americans lost their homes in foreclosure. That number, up from 1,200 a day a year ago, is a sign that the mortgage industry and government programs have done little to help troubled ...
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