The big news today is President Obama’s pick for the Supreme Court, Solicitor General Elena Kagan. I’ll be the first to admin that I don’t really know that much about Kagan. Eliot Spitzer, a long time friend of Kagan’s, was out today giving her big praises. To me, that endorsement is enough to say she […]
One of the long time corner stones of the Republican Party has been trying to rid ourselves of any government regulation. They believe that people and business should be able to regulate themselves. Here’s an example of what that system produces: The market concentration for health insurance is so monopolized in some areas that insurance […]
The news yesterday that Timothy Geithner may have helped cover up AIG’s financial problems is sparking a House investigation: A House committee is planning to grill Treasury Secretary Timothy Geithner about his role in the massive bailout of failed insurer American International Group Inc. The House Oversight Committee is responding to news that key details […]
This story is from Saturday and I haven’t seen much mention of it: The bank has instructed Wall Street law firm Chadbourne & Parke to pursue blogger Mike Morgan, warning him in a recent cease-and-desist letter that he may face legal action if he does not close down his website. Florida-based Mr Morgan began a […]
Looks like another company hit by the credit crunch. This will amount to about 1,500 people worldwide losing their jobs.