We have watched one bailout unfold, and we have not been impressed. We heeded the Wise Men, and now we feel violated. But how do we now hold failing auto companies to a higher standard?
After the Pentagon documented the adverse impact of predatory lending on military personnel, Congress prohibited payday lenders from making loans to active duty service members.
From the fireworks in DC this week, you might think the auto crisis is out of your hands, but we're all complicit: government, CEOs, autoworkers, the public.
If you've been thinking of converting some or all of your IRA assets to a Roth, this is a great time to make your move.
Financial markets have given Hank Paulson a vote of no confidence. His inaction has triggered a chain reaction. Unfortunately, it's the rest of us who will pay the price.
When I hear talk of the US taxpayer wanting zero bonuses on Wall Street this year, it concerns me that the public doesn't understand how talent works.
Obama's economic advisory team looks more like a semester's worth of guest speakers for an MBA class than a team that can truly help him. Entrepreneurs will lead us out of this mess. Talk to them.
The US has joined Germany and Japan in what is becoming a global recession. The era of big government is over is over. In the crisis, we are, as Richard Nixon once said, "all Keynesians now."
Listening to the auto execs this week, you'd think it would have offered a humble moment for them to come clean on their mistakes. But no, they continue to deny any responsibility for the mess they are in.
So, $290 billion into his bailout plan, Hank Paulson is calling for a do-over. Now there is a confidence booster -- it shows just how uncertain Washington is about how to keep the economy from imploding.
Pritzker did Obama, herself, and probably the thousands of other bilked homeowners who still blame her family bank for their misery, a favor by bowing out of Commerce. That is if indeed she did bow out.
Wall Street and its associated analysts, brokers, traders and investors are simply too stupid to operate at this point. So let's not let them.
"People who say the U.S. doesn't innovate are woefully out of touch with Detroit's standing in this business."
Right-wing critics of public employee pensions will use any angle to convince folks that these plans are bankrupting states, cities and towns. However, they are an essential part of the capital market.
The first thing Obama should do to get the economy back on track is publicize the financial record of the Bush Administration. Every business knows that "if you can't measure it, you can't manage it."
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Janet Napolitano will apparently get the thumbs up from the Latino community as Homeland Security head: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/11/21/INS3149MC0.DTL
Meanwhile, the GOP social agenda may render the party helpless in luring minorities to its fold for generations: http://www.washingtonpost.com/wp-dyn/content/article/2008/11/20/AR2008112002959.html?hpid=opinionsbox1
http://www.youtube.com/watch?v=F5UaQaf8gP4&feature=PlayList&p=47586101122BA34F&playnext=1&index=10
For no particular reason ....I just love how corny it is : )))))))))))
No, that is very sweet, I remember my G'ma playing this on a VHS tape when she was like 85. She was SO happy to see this stuff again.