That is the approach the fed seems to be taking towards the economy: Federal Reserve Chairman Ben Bernanke, warning Congress of a period of sluggish business growth, sent a fresh signal Wednesday that the central bank will again lower interest rates to steady the teetering economy. “The economic situation has become distinctly less favorable” since […]
That is what is needed now: Attorneys for imprisoned former Alabama Gov. Don Siegelman on Monday called for a special prosecutor after a key government witness claimed that he was forced to write out his testimony to get his story straight. Vince Kilborn, an attorney for Siegelman who contends Republican politics was behind the Democrat’s […]
The Malkinites of the world hate when the government tries to help people out, but that is exactly what they are doing: Prodded in part by some of the nation’s biggest banks, the Bush administration and Congress are considering costly new proposals for the government to rescue hundreds of thousands of homeowners whose mortgages are […]
Another sign that the economy is doing just awesome! The biggest factors? Food and healthcare.
General Motors posts the biggest automotive loss ever – $38.7 billion in 2007. This has sparked them to offer a new round of buyouts to 74,000 U.S. workers.
Congress has passed the economic stimulus bill, so get ready to spend that money! Remember – you must dump it back into the economy (most likely through your gas tank).
So much compassion that they filibuster helping out our vets, elderly and poor: Senate Republicans blocked a move by Democrats on Wednesday to add more than $40 billion in checks for the elderly, disabled veterans and the unemployed to a bill to stimulate the economy. The 58-41 vote fell just short of the 60 required […]
That’s your Republican Party in action. Now they are putting telecom immunity ahead of economic stimulus. Get that? They are saying if the telecom companies can’t have protection from breaking the law constitution, then they will hurt the entire economy.
Five women killed in what is being described as a store robbery in Illinois. As our economy continues to tank I am sure we can plan on seeing more of these crimes. It’s just a simple fact – when people are down and out they will turn to extreme measures. What can be more down […]