Politics
Politics Articles
This morning we already knew that General Motors Corporation (NYSE: GM) has 60 days and Chrysler has 60 days until D-Day. The Obama administration pledged that GM brands will be on the road and...
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The current word in the news media is that Chrysler chief Robert Nardelli will keep his job, unlike his counterpart at GM (GM). That seems odd since, so far, the heads of Toyota (TM) and Honda (HMC),...
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Today was a critical day for the banking sector. The country’s top banking chiefs met with President Obama over the recent discrepancies in TARP fund ramifications, paying back the TARP,...
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There is nothing wrong with regulatory agencies and regulations for that matter. It is what keeps four-year-olds from becoming airline pilots and orangutans from being airline mechanics. The theory...
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“Never underestimate the capacity of angry populism in times of economic stress,” – Robert Reich, The New York Times, March 15, 2009 The profligate investment practices of the financial sector...
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If you trust your government and its officials in what they say regarding the overall health of the system, there may be some good news out there on a systematic-risk basis regarding American...
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The ten northeastern states that comprise the Regional Greenhouse Gas Initiative (RGGI) raised more than $117 million in its third auction of carbon emission allowances for the 2009-2012 time period....
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There was at least some chance that the furor over $165 million in bonuses paid to AIG (AIG) employees might die down this upcoming week. Because the insurance company got tens of billions of dollars...
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Baker Hughes Inc. (NYSE: BHI) has just released its weekly total rig counts for the US and Canada and for offshore rigs. Despite the notion that oil is now back above $50.00 and calls to get off...
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“Never apologize and never explain–it’s a sign of weakness.”, John Wayne as Captain Nathan Brittles in “She Wore A Yellow Ribbon.” One of the goals of big government in the midst of a...
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If you thought that lavish spending was over on Wall Street, there is going to be a new point of outrage this morning for all the whiners. Citigroup Inc. (NYSE: C) is spending roughly $10 million...
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Using the oblique reasoning techniques of politicians, the Administration has decided to get back the big bonuses that AIG(AIG) paid to some of its employees by withholding the next of many payments...
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The wooden but plucky CEO of GM (GM), Rick Wagoner, told the press that if his company is allowed to go into Chapter 11, it will end up being a simple liquidation. GM will be torn into pieces and...
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President Obama has asked Treasury Secretary Tim Geithner to look at compensation being paid to AIG (AIG) employees for work done in 2008 and to pursue “every legal avenue to block these bonuses...
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One of the things that Congress and the Administration knows but do not want to admit in public is that bailouts are messy affairs where most of what is planned does not work and one of the...
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