Government Bailouts
Summer’s Time (at D.E. Shaw), and the Living was Easy
Are the money men surrounding Obama really going to help us get out of this mess?
April 6, 2009 | Read More
The Next Bailout? Think Pensions
The agency in charge of insuring millions of Americans’ pensions squandered a fortune on the stock market last year.
March 31, 2009 | Read More
Paulson Goes Begging In Beijing
Hank Paulson is trying to convince our national bankers in China to use Wall Street’s financial services. You know, services like squandering your wealth and wrecking your economy.
December 2, 2008 | Read More
When Government Works
Washington went into code blue this weekend to solve a pressing crisis. The Iraq War? The millions of Americans without healthcare? Um … no.
November 25, 2008 | Read More
$700 Billion? Not Even Close. Try $7.7 TRILLION
Surprise! The tab for the economic bailout just got bigger. A lot bigger.
November 24, 2008 | Read More
Bailout For Detroit En Route. But Will Anyone Pay?
Shouldn’t Congress demand new leadership in Detroit before we give the car companies billions? Or are we just going to trust the same people who wrecked their firms to magically steer them in the right direction this time?
November 12, 2008 | Read More
When Banks Don’t Compete, You Lose
As Bank of America brags about serving half the households in the country, one has to wonder when sheer corporate mass returned to vogue.
November 11, 2008 | Read More
What’s Good for GM is Good for America
You might recall old “Engine” Charlie Wilson, the former CEO of General Motors, later the Secretary of Defense under President Dwight Eisenhower, who became known for his statement that “what’s good for GM is good for the country.” But is what’s good for GM’s top execs good for us?
November 11, 2008 | Read More
“The Heartbeat of America”: The Fall of the Automotive Industry
There’s a reason the Chevrolet slogan evoking Detroit as America’s heart resonated so powerfully. The automotive industry is as American as rolling amber waves of grain. And now look how far it has fallen.
October 31, 2008 | Read More
Mad As Hell Letters
A little bird dropped this letter off in my mailbox, apparently addressed to another one of our do-nothing leaders. For all the action he’ll see from Mrs. Bono, he might as well have written his letter to Cher.
October 21, 2008 | Read More
