How to avoid a crisis

How to avoid a crisis

When U.S. economic leaders gathered in April 2000 to celebrate ten years of prosperity, Alan Greenspan announced that they had figured out the model for success. "I do not believe we can go wrong," he said. Well, he was wrong.

After that meeting, the economy was hit with two recessions, the largest financial crisis in 75 years, weak growth and a decrease in median household income. As the book The Big Short provocatively details, several people saw it coming, but no one listened.

Kerry: We will meet Obama’s goal of admitting 10,000 Syrian refugees
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Kerry: We will meet Obama’s goal of admitting 10,000 Syrian refugees

CNS News

(CNSNews.com) – The Obama administration will meet its target of settling 10,000 Syrian refugees in the United States by the time fiscal year 2016 ends on September 30, Secretary of State John Kerry announced on Tuesday night.

Addressing an end-of-Ramadan Eid al-Fitr reception at the State Department, Kerry noted that the 10,000 figure would be a six-fold increase in Syrian refugee admissions from FY 2015.

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