U.S. President Barack Obama will nominate Ben Bernanke to a second term as chairman of the Federal Reserve on Tuesday, seeking to keep him in place to steer the world's largest economy out of its deepest downturn since the Great Depression.

• Login or register to post comments

President Obama introduced the Making Home Affordable program to help homeowners to keep their homes by making mortgage payments affordable. The plan affects about 7 to 9 million people, and you can use the self-assessment tools to see if you’re eligible. Learn more about Making Home Affordable today.

• Login or register to post comments

America has by far the widest income distribution. The average American income is around $33,000 with the top 10% (or decile) of earners having an average $87,257 of disposable income, while those in the bottom decile have $5,819, among the very lowest of any country - which confirms America definitely has a "poor" class. Reforming wealth distribution across America is one, if not the, centre piece of Obama's policy platform whereas John McCain is calling it a move back to socialism. What do you think? America decides which path it wants to follow in less than 2 weeks.

• Login or register to post comments

The table below provides a nice summary contrasting the differences between the taxes Americans would pay or save under proposed Obama and McCain tax policies. Simply put: If your annual salary is less than $112,000, you'd pay less in taxes under Obama's plan; if your salary is higher, McCain would cut your taxes more

• Login or register to post comments

The Obama tax plan is not going to work because the ‘rich’ are already paying most of the tax.

• Login or register to post comments