So a “best year” means having an oil rig explode, which cost 11 people their lives and lead to the biggest oil spill in American history? Transocean Ltd. gave its top executives bonuses for achieving the “best year in safety performance in our company’s history” — despite the explosion of its oil rig that […]
Wells Fargo received $25 billion from the George Bush TARP program. One of Wells Fargo’s biggest problems was the acquisition of Wachovia in December of 2008. Wachovia came with a whole slew of problems, but probably none bigger than this: On 10 April 2006, a DC-9 jet landed in the port city of Ciudad del […]
Does your paycheck still make you cry? Do you wonder why the bosses are all giddy like high school girls? Well this could be why (via Think Progress): At a time most employees can barely remember their last substantial raise, median CEO pay jumped 27% in 2010 as the executives’ compensation started working its way […]
Rep. Scott Randolph (D-FL) is in trouble with Florida House Republicans for saying a new dirty word on the House floor: At one point Randolph suggested that his wife “incorporate her uterus” to stop Republicans from pushing measures that would restrict abortions. Republicans, after all, wouldn’t want to further regulate a Florida business. Apparently the […]
Want to know why Democrats keep having problems? Because on every single issue they play this game of “kick the can”. It’s the procrastination party!. Here’s the latest example: Democrats want to take the offensive and propose higher tax rates for millionaires, companies that move factories overseas and wealthy people who make charitable contributions. But […]
A new CNN poll shows the favorability rating of the Tea Party in decline: The approval rating for the 2-year-old movement fell to 32 percent in a CNN/Opinion Research corporation poll released Wednesday, the lowest it’s been since CNN first polled on the tea party in January 2010 That’s compared to a 46% approval for […]
In a stunning admission by GOP presidential hopeful, Tim Pawlenty, he informs us of what we already knew: PAWLENTY: Well, anybody who’s going to run for this office who’s been in an executive position, or may run, has got some clunkers in their record. Laura, mine I think are fewer and less severe than most. […]
Yesterday the right-wing blogosphere erupted with posts of the greatest scandal of the 21st century: Last Thursday evening at Montclair State University, with a video camera rolling, Bill Ayers volunteered that yes indeed he had written the acclaimed Barack Obama memoir, Dreams from My Father. Unprompted, Ayers also noted that while Dreams deserves its praise, […]
When the GOP talks about tax breaks for the rich and businesses they always use the argument that the more money business has, the more people they will hire. This has been in a direct conflict of supply and demand economics and more proof is in this: Despite high unemployment and a largely languishing real […]
Erick Erickson on CNN: here is not in any way, shape, or form any rational explanation for the United States engaged in Libya to do nothing except for one I can think of — Barack Obama’s re-election. … Suddenly Obama can look Presidential again — all through manufacturing the need for American involvement where there […]