The Fed in Hot WaterSource: robertreich.org
The Fed has finally came clean. It now admits it bailed out Bear Stearns – taking on tens of billions of dollars of the bank's bad loans – in order to smooth Bear Stearns' takeover by JPMorgan Chase.
Corporate welfare cuts cause company complaints about Health Care PlanSource: Firedoglake
The NYT Business page reports that AT&T;, Caterpillar, Deere & Company and many other large corporations are complaining that the new health reform law will strip them of a large tax subsidy. They want the provision repealed so they can keep their lucrative subsidy.
U.S. Taxpayer Funds At Work: Foreign "Assistance" aka Foreign AidSource: Millennium Challenge Corporation
Among his few accomplishments, George W Bush created the
the Millennium Challenge Corporation (MCC) to spread his "compassionate conservative" philosophy. There was a 9% INCREASE in their budget for the prior fiscal year.
By now everyone has seen or heard about the comments made by South Carolina Lt. Governor, Andre Bauer regarding the poor and economically disadvantaged in his state.
Bill Moyers Journal . Trudy Lieberman and Marcia Angell | PBSSource: PBS
See if this discussion of what would be offered as health care reform from last July sound familiar when compared to the bill that care out of the Senate. We were told five months ago. what President Obama intended to put in this bill in spite of his claims and promises.
The Race to Third-World Standards...
Yankee WelfareSource: Reason Magazine
This year the Yankees moved into a new stadium.
Obama calls for world to end oil company subsidiesSource: trueslant.com
"Later this week, I will work with my colleagues at the G20 to phase out fossil fuel subsidies so that we can better address our climate challenge," he said this morning at the United Nations Climate Change Summit in New York.
Health Care Reform Is More Corporate WelfareSource: Campaign For Liberty Blog
Insurance providers seem to have successfully equated health insurance with health care but this is a relatively new concept. There were doctors and medicine long before there was health insurance.
Michael Pollan's OpEd Finally Putting Health In the Health Care DebateSource: The New York Times
It's about time we started talking about things that can keep us healthy as part of the solution to health care costs. By every measure, being well is far better than reduced cost services and discount drugs. Kudos to Michael Pollan for standing up to say it so well.
Hollywood to America: Trickle-Down Economics Works Only For UsSource:
Other than a self-made governor who chose not to abort her unborn Down syndrome child, nothing gets the Hollywood Left more outraged than what they call, "tax cuts for the rich," or "corporate welfare." For nearly thirty-years now, studio chiefs, millionaire actors and mi …
Downsizing for Fun, Profit, and ChaosSource:
Managements "that engage in downsizing to cut costs, increase profits, and reduce redundancies," as the Conference Board paper notes, "prematurely proclaim 'mission accomplished' when these targets have been achieved without taking into account the human capital assets …