Beware, this gets complicated and outrageous… An account of how Lawrence Summers enriched himself handsomely before coming to the White House was not exactly new news. But when Frank Rich dug it up and repeated the details last Sunday in the New York Times (4/12), it packed quite a wallop. I just wonder how many [...]
TAKE A HIKE, PROFESSOR SUMMERS!
April 14th, 2009 No Comments
Tags: economy · Frank Rich · harvard university · Lawrence Summers · new york times · president obama · world bank
Not a Dime… Unless
November 9th, 2008 No Comments
Big news! What a way to emerge from the excitement of last Tuesday’s election than to read about the three major automakers plea for another handout. Not a handout, they insist, only a loan of $25 billion from the Federal government to get rid of their debt. Ah yes, another example of socialism for the [...]
Tags: auto industry · economy
Truth and Consequences
September 23rd, 2008 No Comments
At a time when the U.S. economy seemed to be going into the tank, the question no one seemed to be asking the past two weeks was what about the press… the talking press? For years, everything seemed quite rosy if you watched or listened to the broadcast media. Rukeyser, Dobbs and all the other [...]
Tags: Alan Greenspan · bailout · barack obama · Dow Jones · economy · Federal Reserve · investors · John McCain · Molly Ivins · Wall Street
