Tag: us events
member name: Sean Kennedy
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February 20, 2009 03:33 AM EST --
GM is folding its Saturn division. Remember, "A different kind of company, a different kind of car?" Saturn was established to compete with Honda and Toyota 19 years ago. So much . . .
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September 19, 2008 01:36 AM EDT --
Have you heard the news?
The amount of money the Federal government has ponied up to bailout U.S. banks and other businesses this year is absolutely staggering; nearly $1 trillion. . . .
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February 10, 2009 02:53 PM EST --
And it Needs to be Focused on Infrastructure Spending
It's rather remarkable that Republican legislators, who simultaneously voted for two separate rounds of tax cuts . . .
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December 17, 2008 05:15 PM EST --
Earlier this month, the National Bureau of Economic Research (NBER), which tracks the US economy, confirmed what many of us had long suspected; the US is officially in a recession. Everyone wonders how . . .
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September 29, 2008 02:43 AM EDT --
According to a Nobel Prize winning economist, the government bailout of Wall Street and the financial sector would be "monstrous" for all US taxpayers.
Joseph Stiglitz, who is a professor . . .
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April 12, 2006 01:48 AM EDT --
The news for the soft drink industry hasn't been good. With links to childhood obesity and tooth decay, soft drink sales are down for the first time in 20 years. And sales of bottled water, juices . . .
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March 12, 2006 07:14 PM EST --
MOST AMERICANS AREN'T, AND THERE'S GENUINE REASON FOR CONCERN.
The statistics look grim. Only about 60 percent of eligible workers over 40 participate in their 401(k)s (rates are even lower for . . .
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April 03, 2006 04:55 AM EDT --
Things haven't been good at General Motors in quite some time. And now, perhaps, they are about to get worse.
GM's troubles are many, and cumulatively, they are potentially leading to a once unimaginable . . .
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April 09, 2006 11:34 PM EDT --
President Bush finds himself in yet another quandary.
The president has repeatedly stated his opposition to the leak of a CIA operative Valerie Plame's identity.
In September 2003, Bush said, "I . . .
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May 18, 2006 10:01 PM EDT --
During recent years, doctors have grown alarmed by the explosive incidence of diabetes in the U.S. and many local, state and federal officials share that concern. Diabetes is growing quickly, even as other . . .
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May 21, 2006 06:49 PM EDT --
U.S. lawmakers have renewed an old debate over whether to make English the nation's official language. On Friday, the Senate passed two measures, one declaring English the nation's official language . . .
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June 11, 2006 05:52 PM EDT --
Dead wrong. That's how the President's own commission described U.S. intelligence in the lead up to the Iraq war.
The following, all now a matter of public record, describes the chain of events . . .
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September 29, 2008 10:00 PM EDT --
In 2007, Wall Street bonuses grew to a total of $39.34 billion, up from $36.19 billion in 2006.
That’s nearly $40 billion, distributed among just five . . .
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November 17, 2008 01:54 AM EST --
And He Makes the Banks an Offer They Can't Refuse
Last month, Congress approved a massive $850 billion Wall St. bailout—the so-called Troubled Asset Relief Program. Of that total (aside . . .
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September 30, 2008 04:43 AM EDT --
How to Bailout Ordinary Mortgage Holders and Not Just Banks
By Ian Welsh
Originally posted on FireDogLake
What the government should do is set up a Trust to . . .
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December 17, 2008 04:51 PM EST --
The FDIC Has $53 Billion to Cover $4.4 trillion in Deposits. Does that make you feel insured?
As of the end of the second quarter, total FDIC assets declined $68.6 billion, to $13.3 trillion. . . .
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September 30, 2008 03:45 PM EDT --
That principle is something that Republicans, Democrats, and Independents, alike, seem to agree on at this moment.
The biggest problem with the current bailout plan is that it . . .
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October 01, 2008 12:11 AM EDT --
Just this week, the head of the non-partisan Congressional Budget Office said that the proposed Wall Street bailout could actually worsen the current financial crisis.
During testimony before the House . . .
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October 01, 2008 06:36 PM EDT --
A group of 200 economists has signed this petition to Congress, arguing against the $700 billion Wall Street bailout plan. They believe the government must act — but they call the sweeping rescue . . .
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December 01, 2008 07:09 PM EST --
After financial giant Citigroup lost 60 percent of its value in one week, t he government came to its rescue, announcing it would back $306 billion in risky securities . . .
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