Bankers got bonuses; workers got pink slips Way too many regional residents aren t paying attention to what is going on in the country (let alone the world), and how consequences of decisions made over the horizon affect us here. Often these repercussions filter down indirectly, mixed in with ...
2.3K - Oct. 31, 2009; scored 61.0 GMAC seeking more federal aid NEW YORK (AP) GMAC, the former lending arm of General Motors Co., is in talks with the Treasury Department for a third injection of taxpayer aid, a further sign of the U.S. government s entrenchment in the U.S. auto industry. The Treasury Departmen...
3.7K - Oct. 28, 2009; scored 245.0 Recession is over, but job losses aren't WASHINGTON It s about to become official: The recession is over but not the pain. The government will release figures this week expected to show that the economy has awakened from its deepest slump since the 1930s and is in the early stages of a ...
6.2K - Oct. 27, 2009; scored 61.0 100 banks have failed this year WASHINGTON (AP) Bank closings for the year hit 100 on Friday when regulators shut down Partners Bank in Florida. Financial institutions nationwide have collapsed under the weight of soured real estate loans and the Great Recession. The Federal Depo...
5.1K - Oct. 25, 2009; scored 61.0 100 banks have failed this year WASHINGTON (AP) Bank closings for the year hit 100 on Friday when regulators shut down Partners Bank in Florida. Financial institutions nationwide have collapsed under the weight of soured real estate loans and the Great Recession. The Federal Depo...
5.1K - Oct. 24, 2009; scored 61.0 Bailed-out firms must slash pay for top executives WASHINGTON The Treasury Department is expected today to order seven companies that have not paid back last year s government bailouts to halve their top executives average compensation. The cuts apply to the 25 highest-paid executives at banks and...
6.4K - Oct. 22, 2009; scored 172.0 Bailout watchdog expects much to remain unrefunded WASHINGTON (AP) The man who watches over the $700 billion in government money given to banks and other institutions to avert a financial collapse said today he thinks it s too early to say how much will be repaid to the taxpayers. Just as the ...
4.7K - Oct. 21, 2009; scored 735.0 What's Michael Moore talking about? Michael Moore is confused. His new movie, Capitalism: A Love Story, begins by suggesting all was well until Ronald Reagan became president and cut the top 90 percent income tax rate. Everything was downhill from there. Adding to the confusion, he l...
2.9K - Oct. 19, 2009; scored 61.0 Deficit surges to $1.42 trillion WASHINGTON What is $1.42 trillion? It s more than the total national debt for the first 200 years of the Republic, more than the entire economy of India, almost as much as Canada s, and more than $4,700 for every man, woman and child in t...
8.3K - Oct. 18, 2009; scored 61.0 Deficit surges to $1.42 trillion WASHINGTON What is $1.42 trillion? It s more than the total national debt for the first 200 years of the Republic, more than the entire economy of India, almost as much as Canada s, and more than $4,700 for every man, woman and child in t...
8.3K - Oct. 17, 2009; scored 61.0 Financial overhaul push begins WASHINGTON (AP) Small neighborhood banks and the U.S. Chamber of Commerce are overshadowing the nation s biggest banks in influencing lawmakers as Congress begins the initial phase of its long-awaited overhaul of how the government regulates financ...
1.4K - Oct. 14, 2009; scored 61.0 Treasury not prepared for AIG bonuses WASHINGTON (AP) The fierce debate over bonuses for bailed-out executives was revived on Capitol Hill today as a government watchdog explained how some executives nearly brought down the financial system then pocketed millions. Neil Barofsky, the ...
4.0K - Oct. 14, 2009; scored 440.0 Vilsack: Dairy industry must restructure BATH, S.D. The struggling U.S. dairy industry must be restructured to avoid cycles of boom and bust, Agriculture Secretary Tom Vilsack said Monday, less than a week after Congress announced a $350 million dairy bailout. Dairy farmers benef...
3.2K - Oct. 6, 2009; scored 61.0 Success no matter what This Friday, September s job-loss total will be announced. Whatever the numbers, administration officials surely will tell us that life is better because of them. We brought the global economy back from the brink, President Obama said at the close...
2.7K - Sep. 30, 2009; scored 61.0 The right keeps getting it wrong It simply amazes me how wrong the Right is about nearly everything going on in America. For example, those ridiculous Tea Parties what I find really hilarious is people on Social Security motoring to Washington, D.C., on the Interstate Highway Sy...
1.7K - Sep. 26, 2009; scored 61.0 U.S. should support Pakistan Morton Kondracke, Columnist From China to Russia and Afghanistan to Iran, it s a time of woe for U.S. foreign policy. But there s an exception Pakistan and Congress can keep the progress going. Specifically, Congress needs to pass legislation, sp...
3.1K - Sep. 24, 2009; scored 61.0 Rules can prevent exploitation The plutocratic propaganda just keeps flowing. In his recent competition column (The World, Sept. 17), John Stossel touts all the advantages of unregulated market competition, if government would only get out of the way. He must know the last thing b...
2.8K - Sep. 23, 2009; scored 61.0 It's still about the economy, stupid From a political standpoint, the worst thing about blaming President Obama s perceived difficulties on racism is that there s not a damn thing anybody can do about it. Determined bigots can t be shamed, while many see invoking race as more an excuse ...
4.1K - Sep. 23, 2009; scored 61.0 BofA faces SEC trial, exits loss-sharing deal WASHINGTON ” Bank of America Corp. now faces a trial with the Securities and Exchange Commission over billions in bonuses paid at Merrill Lynch, after a judge threw out the bank s $33 million settlement and rebuked the agency for ...
4.2K - Sep. 22, 2009; scored 61.0 Wall Street crimes still unsolved Seeds of recessionary improvement, like those sowed by master gardeners, are beginning to take root. It s a welcome sign. But hold any widespread optimism, President Obama said Monday. If there are those on Wall Street who believe they own a green li...
1.1K - Sep. 21, 2009; scored 61.0 |