Even the California media is getting in on the act. Times are tough and dollars are hard to come by… Workers at the Appeal-Democrat will get a 5 percent cut in pay effective July 13 as part of an across-the-board reduction being implemented by its parent company, Irvine-based Freedom Communications Inc. The economy has digressed [...]
GM, too big to fail – Cash from the people Bof A, too big to fail – Cash from the people plus the destruction of bankruptcy laws President Obama, too big to fail? Too big to regulate? Is this Bush’s third-term? A new era of open and transparent government? More on IG Gerald Walpin HERE [...]
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).
Judge Sonia Sotomayor will have her day with the Senate. Tough questions will be asked, answers will be short and without much detail, but she will be confirmed without a hint of filibuster.
Michael Ramirez, from IBD Cartoons, nails the proposed Obama health care plan.
