Tim Fernholz

Joseph Stiglitz offers an insightful column on the mortgage mess and the evolution of bankruptcy law over the last decade — in particular, explaining how our laws make good loan underwriting beside the point: When it became clear that people could not pay back what was owed, the rules of the game changed. Bankruptcy laws […]

The October unemployment report was released today, and the news is that there’s been little overall change. The unemployment rate hovers at 9.6 percent and the U-6, “overall” unemployment rate, which includes discouraged job-seekers and folks forced to work part-time because of the economy, edged down slightly to 17 percent. 151,000 non-farm jobs were created […]

Yesterday, the Fed met, and in a move more important than the election for the future of our economy, decided to get serious about getting serious and buy $600 billion in long-term Treasury bonds in an effort to further stimulate the economy, recognizing that these steps are necessary for full employment. (Read Planet Money’s translation […]

Operating on the principle that repeating a dream makes it true (“This election is a signal to Americans to give Tim Fernholz a million dollars. This election is a signal to Americans to give Tim Fernholz a million dollars …”), Republicans are making sure everyone knows this election was a rejection of President Barack Obama‘s […]

Looking at the reasons Democrats did poorly last night, one key measure was the youth vote. Once again, the Democrats won the youth vote — in fact, under-30 was the only age demographic that broke Democratic, according to an exit poll analysis from Rock The Vote. The graph above, produced by CIRCLE, tracks youth turnout […]

Rep. Tom Perriello, whose career we have chronicled here at the Prospect from his first campaign, to his first days in office, to his final days of campaigning last week, appears to have lost to his Republican opponent, state Sen. Robert Hurt. Perriello’s mentor in the House, long-serving Virginia Democrat Rep. Rick Boucher, was also […]

It’s an early exit poll, and we should obey all the important caveats about not trusting those, but since bloviation is the order of the hour, consider this from Marc Ambinder: Who’s to blame for the economy? Bankers (34%), Bush (29%), Obama (24%). Of those who blame bankers, Republicans hold an 11 point advantage. If […]

While we wait for the results, here’s a sampling of some of our reporting in the past week on the races, debates, and media spectacles that have made up the election season: Races to Watch: Joe Miller, Campaign Finance Reform Advocate? Alaska’s Senate race has transformed the Tea Party candidate into an unlikely opponent of […]