mayfield.co.nz — In a classic case of insensitivity two of the auto execs flew in on private jets, old habits die hard. One of the Senators in the hearing picked up on this and asked if they had considered downgrading to First Class. It was a well deserved moment of barbed sarcasm, not lost on the three, as the Senator communicated his anger and frustration...
I'm beginning to wonder if there's a single agency in the United States government that conservatives haven't left in worse shape than they found it. more »
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If you ever wondered what the insurance companies do with our premium dollars other than pay out claims here is one answer: they invest our money in the stock market. When the market is good, these investments generate even bigger profits for them. When it’s not, it means higher premiums for us.
"The era of big government is over" is over. A major recovery program—featuring substantial public investment—will be inevitably the first initiative of the Obama administration. It should feature more spending than tax cuts—investing in renewable energy and conservation, in rebuilding everything from schools to bridges to a smart electric gird, in helping cities and states avoid crippling cuts of services, in keeping college affordable, providing health care to children, and aiding those most in need.
mayfield.co.nz — Citigroup CEO Chuck Prince resigned with a reported payoff package worth $US 38 million after the company was forced to write down billions of dollars of mortgage backed assets accumulated under his directorship. Latest reports put the figure at a staggering $US 64 Billion.
It is unlikely those laid off will receive similar severance deals.
A look at how much we will be paying for health insurance in about 20 years—if we continue on the same path we are on—makes it abundantly clear that we cannot afford to put off health reform any longer. more »
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Without an economic recovery program of unprecedented size and scope, our economy will fall into a deep recession, putting all of our progressive goals in serious jeopardy. more »
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"Free-market" boosters want us to believe that profits spur innovation that leads to overall health care system improvements and cost-savings. The evidence contradicts them. more »
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triphow.com — And so it goes... This is how US Taxpayers bailout money is being used.
"...In spite of efforts by AIG to keep the retreat underwraps, ABC15 sniffed it out and found the execs staying at the casitas at the resort, enjoying poolside meetings, spa workouts, and spending $400 at a restaurant on meals and drinks..."
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