Just a month or so ago, the stock market plunged because investors did not like Treasury Secretary Timothy F. Geithner's outline of a plan for removing toxic assets from bank balance sheets. This week, Mr. Geithner announced the details and - what do you know? - the market shot up. Obviously, the market's mood swings are not the best indicator of Mr. Geithner's merits or of his plan's. But what's new as of Monday is that we have a fuller basis for evaluating his program. And the best judgment is: It's worth a try, but hardly guaranteed to succeed. ...more

March 25, 2009

Lawrence Summers, President Barack Obama's closest economic adviser, broke a long public silence Friday, asserting that today's economic problems stem from an unsustainable financial model and defending heavy deficit spending as a necessary evil to restore the economy. ...more

March 14, 2009

WASHINGTON - President Barack Obama's economic recovery plan has passed the Senate and is on its way to difficult House-Senate negotiations. ...more

February 10, 2009

A financial rescue plan that will deploy the balance of $700 billion to spur the flow of credit to consumers and businesses will have to wait another day. ...more

February 9, 2009

Just three weeks ago, the largest food pantry in Highlands County had breathtakingly low bank balance of $1,000. ...more

December 15, 2008

LAND O' LAKES - As the days of volunteer fire departments all but disappear, Pasco County emergency officials are wondering if their fundraising efforts should follow suit. ...more

November 6, 2007

LAND O'LAKES - More than $20,000 has disappeared from the coffers of the Land O'Lakes volunteer fire department, and the department's treasurer has been arrested. The Pasco County sheriff's office charged Alicia Long Puertas, 32, of Lutz, with felony grand theft of more than $20,000. On Saturday, Puertas was in the Land O'Lakes jail on $10,000 bond. ...more

November 3, 2007