Toyota Hearings over Recall: Safety vs Competitive Investment

The Toyota hearings are underway. Congressional hearings into whether or not Toyota's cars are truly unsafe have begun following worldwide recalls surrounding faulty brakes and runaway acceleration. James Lenz, head...

Andrew Cuomo Files Martin Act Suit against Kenneth Lewis

New York Attorney General Andrew Cuomo has filed a Martin Act suit against former Bank of America CEO Kenneth Lewis, whom Cuomo is accusing of defrauding both investors and the government when BofA bought Merrill Lynch. Andrew Cuomo claims that Kenneth Lewis knew about...

AIG Bonuses: Over $100 Million Paid Out Today

AIG bonuses will be paid out to execs, to the tune of $100 million. This from a financial organization which took $183 billion in bailout money. These are actually smaller bonuses than executives had accepted upon...

Of "Clown Cars" and CAFE standards - A tuff sell

"Of "Clown Cars" and CAFE standards - A tuff sell Tightening CAFE standards may force smaller cars on US car buyers who are not inclined to downsize. “Our research shows that, despite what the U.S. Government...

Awards for Rewards

Rewards are given in recognition of service effort or achievement as a fair return for good or bad behaviour.When Barack Obama the Nobel Peace Prize was awarded I participated in a discussion to analyze other...

Recovery?

Stocks bounce. Bonds bounce. An economy that bounces following the Japanese experience, with a long, slow on-again/off-again period of depression to expecting some quarters of growth, followed by quarters of...

Deflation Sources

The problem is debt. Too much debt in the private sector set off bear markets and a bank crisis. Too much debt in the public sector will cause big problems too - a default, and finally hyperinflation, which is...

Economic Cycle has Turned

During the great credit expansion of 1945-2007, businesses could anticipate, generally, rising earnings. People were buying more and more things on credit. In a national economy, businesses pay wages and then the...

Big crooks go for the billions

As economies age, more and more people 'stop productive working.' That is, they get some special privilege, some inside point of view, some conniving advantage. The latest numbers, for example, tell that almost...

World Financial Crisis a Terrorist Act.

By; Rev. Jermano   I remember the words all US politicians use and that is protecting the US people from terrorism. That is why Bush lied and went to War...against Iraq and Afghanistan. They summoned the...

Recovery.gov Goes Live: Where is the Stimulus Money Going?

Recovery.gov went live today. You can search by state to find out which groups are getting recovery or bailout money."Q: Who runs Recovery.gov? A: The Recovery Accountability and Transparency Board, established...

Tough Times? Save the Planet.

We are drowning. And not just in credit card bills and tuition payments. We are drowning in false choices. We are told that we must choose between making money and making a difference, that it is not possible to...

Pointless risk taking by Governments

Angela Merkel. Alone among the world leaders, seems to have kept her head: “The crisis did not come about because we issued too little money but because we created economic growth with too much money, and it was...

Big Ben is no Hero

The media do believe us the newest hero is Ben Bernanke. Probably their mind and many others come from another planet. And were not on Earth when Big Ben acted in the past. He became popular as the Helicopter Ben*...

THE MILKING OF THE CASH COW vs. US HEALTH CARE REFORM

Playing The Health Care Game... We have all watched in amazement as the defaced photos of President Obama as Hitler held by wild eye'd crazy people screaming loudly with no more of a purpose than to disrupt and to...

closeSign in to NowPublic

is reporting from