Wall Street vs. Families, Deadly Factory Explosion, Huge Youth Unemployment Cost And More

May 20, 2013 Subscribe · Forward Wall Street Beating Families To Houses During Recovery PHOENIX -- By the values that have long governed American housing, Megan and Danny Gilbertson are precisely the sorts of people who are supposed to now be buying a home. They have good credit, steady jobs and decades worth of earning potential ahead of them, but not a lot of money for a down payment. Recently married, they are eager to leave a cramped apartment for a home of their own in a revitalized neighborhood here, a few miles from downtown and recently populated with coffee shops, hip restaurants and young parents pushing strollers.  Continue reading... 12 Dead In Factory Explosion Youth Unemployment Could Cost Us Billions New Bill Could Help Student Loan Borrowers Saddled With Debt Who Won The Largest Powerball Jackpot In History? Michael Moore: 'The Real Problem With The IRS' Is GE These American Companies Refused To Sign The Bangladesh Safety Accord You Can Blame Hipsters For That $7 Bud Light Michael Moore: 'The Real Problem With The IRS' Is GE JARED BERNSTEIN A Few Lessons From the IRS Scandal If we make this scandal only about rogue actors in the agency and whether it reached the administration, we will miss the glaring impossibility of what we're asking the IRS to do in these cases, which is to implement completely incoherent tax law. Continue reading... PETER G. MILLER Why FHA Mortgages Are More Stable Than We Think For the past year there have been worries that the FHA might require taxpayer money to pay off lender claims for loans gone bad. But now it may be that the economy has turned around and the FHA may well do better than anyone thinks. Continue reading... JESSICA LEVINSON It's Time for the IRS to Crack Down on Phony Non-Profits There is little doubt that the IRS' approach to determining whether to grant tax-exempt status should be politically even-handed, without regard to partisan affiliation. But this kerfuffle is merely the tip of the proverbial iceberg. Continue reading... RAYMOND J. LEARSY EU's Oil Probe Years Overdue, Targets Wrong Benchmark The European antitrust authorities have finally carried out inspections of oil firms in three countries as well as the offices of the price-index publisher Platts, to determine if they distorted published prices of crude oil and petroleum products. It is a first step, long overdue, but it targets the wrong benchmark. Continue reading... MICHAEL FARR This Year's Deficit: Don't Break Out the Bubbly Just Yet It is most unfortunate that it takes a severe crisis to get anything done on Capitol Hill, but we fear that a new one will be required to effect material change. Continue reading... Received this from a friend? Sign up for alerts from The Huffington Post here. Unsubscribe here. Huffington Post, 770 Broadway, New York, NY 10003