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CNNW Your Money July 8, 2012

solutions, many of them, lie with congress. but there are causes and there are many of them. a simple answer would be the cleanest, the most convenient, out of control deficits or stimulus. it s barack obama or george w. bush, but it s not that simple, not that satisfying. one cause however does stand out amongst many. cheap and ample credit. for years the ability of almost every working american to access more credit than they should have been able to, masked the underlying fact that lower and middle class incomes were not rising. people felt and in many cases actually were wealthier than their salaries or socioeconomic status would suggest. getting a loan and buying a house, often more house than you needed or would have expected to buy, made you feel wealthier. as more people bought those houses, your net worth increased. you borrowed against that house, maybe. maybe you put your kids through college with the money. maybe you bought another house or financed a small ....

Like Congress , George W Bush , Barack Obama , Working American , Socioeconomic Status , Wasn T , Small Business , Net Worth , Doesn T , Credit Cards , Income Inequality , Weren T Complaining , Class War , Blown Down , U S , Factory Floor , Western World , Chief Economist , Income Disparity , Inequality Debate , International Monetary Fund , University Of Chicago , Government Spending , Western Europe , Say Greece , Storm Idea ,

CNNW Your Money July 7, 2012

solutions and right now, those solutions, many of them, lie with congress. but there are causes and there are many of them. a simple answer would be the cleanest, the most convenient, out of control deficits or stimulus. it s barack obama or george w. bush, but it s not that simple, not that satisfying. one cause however does stand out amongst many. cheap and ample credit. for years the ability of almost every working american to access more credit than they should have been able to, masked the underlying fact that lower and middle class incomes were not rising. people felt and in many cases actually were wealthier than their salaries or socioeconomic status would suggest. getting a loan and buying a house, often more house than you needed or would have expected to buy, made you feel wealthier. as more people bought those houses, your net worth increased. you borrowed against that house, maybe. maybe you put your kids through college with the money. maybe you bought ano ....

Like Congress , George W Bush , Barack Obama , Working American , Socioeconomic Status , Small Business , Net Worth , Doesn T , Wasn T , Credit Cards , Income Inequality , Weren T Complaining , Blown Down , Class War , U S , Factory Floor , Western World , Chief Economist , Income Disparity , International Monetary Fund , University Of Chicago , Government Spending , Western Europe , Inequality Debate , Say Greece , Storm Idea ,

CNNW CNN Newsroom February 18, 2012

coverage of whitney houston, her life, her music and her coverage. we re reporting live. today is the day as the baptists like to say whitney houston will be sent home. it s a private funeral for her family members and her friends, invitation only. the streets around that church have been closed down, but today it will be filled with mourners who are here to pay their last respects for a woman who had an amazing voice and an amazing life, and died way too early at 48 years old. piers? it s a beautiful sunny day in new jersey on the streets where whitney houston first grew up. it s an extraordinary cast. the funeral will open up with the new hope mass choir, new jersey mass choir singing the lord is my shepherd, then scripture read by pastor joe carter. a solo by donnie mcclurkin. and remarks from tyler perry. and a solo by bebe winans and a solo by come burrell. remarks from kevin costner. we haven t heard from him yet. it will be fascinating to hear what he said. a ....

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