Something to ponder: $70 billion investment. 60% ownership. To get our “investment†back the New GM will have to achieve a capitalization value of at least $117 billion. It is important to note that GM, at its best was worth only about $60 billion (2000).
and the development of the economy that provides for a fair distribution of services, opportunities and employment
Have you forgotten the uproar over the Kelo decision? Maybe the term eminent domain might help? Oh well. That uproar has faded and the government is still following this decision. Don Surber has an interesting take. He quotes Clarence Thomas (Supreme Court Justice) The Court has elsewhere recognized “the overriding respect for the sanctity of [...]
Of course Presidential contender Dodd will provide us with a song and a dance to get a vote. Senator, I lost a few bucks in the stock market this week because of this situation are you going to bail me out too?
Like many students of the income distribution, I take seriously some of Reynolds’s criticisms of the data on income disparities
