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Philip Palij's picture

These Giants May Fall: Deadbeat Auto Execs Jet Into Storm

From mayfield.co.nz
November 21st, 2008
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Submitted by Philip Palij

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...

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Terrance Heath's picture

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Conservatism: Trashing Government on Its Way Out

By Terrance Heath
November 21st, 2008

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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Digby's picture

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(Card) Check Please

By Digby
November 19th, 2008

I have long been amused by certain bizarre conservative rallying cries. This past election I noticed a new catch phrase. The minute a conservative breathes the word "card check," his or her supporters completely lose their minds. But where does the passion come from? more »

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Monica Sanchez's picture

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Health Insurance Premiums and the Stock Market

By Monica Sanchez
November 19th, 2008

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.

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Free Fall

By Robert Borosage
November 19th, 2008

"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.

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An America Flush with Infrastructure: Why They're ALL "Bridges to Nowhere"

By David Wenbert
November 18th, 2008

In the stampede to bring new infrastructure 'investment' programs onto the agenda of the incoming Obama Administration, Progressives are in the process of being seriously rolled by the Old Left, and some tragic public policy mistakes seem about to be made as a consequence. more »

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Philip Palij's picture

Citigroup To Cut 50,000 Jobs

From mayfield.co.nz
November 17th, 2008
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Submitted by Philip Palij

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.

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Monica Sanchez's picture

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Think Health Reform Should Be Put Off Because of the Economic Crisis? Think Again!

By Monica Sanchez
November 17th, 2008

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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Bernie Horn's picture

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The Great Battle of 2009

By Bernie Horn
November 16th, 2008

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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Monica Sanchez's picture

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Do Profits Drive Innovation and Cost-Savings in Health Care?

By Monica Sanchez
November 14th, 2008

"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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