Geez. The U.S. government has agreed to guarantee over $300 billion of Citigroup’s troubled assets — loans and securities backed by residential and commercial real estate and other such assets — with conditions attached. These conditions are being hammered out. In addition, the U.S. Treasury will invest $20 billion in Citigroup from the Troubled Asset […]
It looks like some members of Senate aren’t wasting any time to get one of Obama’s key campaign promises out there: Two of the Senate’s most influential leaders are working separately behind the scenes on legislation that would dramatically alter the way Americans get health care, hoping their early efforts — including the release today […]
I would love to see Obama approach Paul Krugman, a Nobel Peace Prize recipient in economy, and offer him an advisory position to the administration. Here’s part of Krugman’s latest: Right now, many commentators are urging Mr. Obama to think small. Some make the case on political grounds: America, they say, is still a conservative […]
NYT’s columnist and Princeton economic professor Paul Krugman wins the Nobel prize in economics.
Paul Krugman has looked at the leaked plan for the financial bail out and he is saying “no deal” to it. Basically the plan doesn’t give the taxpayers anything in return. According to his assessment it appears that the feds are trying to scare Congress into giving the money without any explanation of how it […]
It looks like special interest might put the breaks on an economic stimulus package. Also worth reading – Paul Krugman points out that the Republicans might block any packages unless Bush’s tax cuts are made permanent.
One of the biggest talking points the GOP makes when talking about universal health care is that it will increase our waiting time for emergency services. Well it looks like that is already happening. Patients are waiting longer for care in the nation’s emergency rooms, a potentially deadly result of the shrinking number of emergency […]