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Should The US government bail out American corporations?
Does corporate America share its profits with the tax payers? The answer is absolutely not. Do they share the profits with their employees? The executives are paid millions. The US Government...
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President Obama urged reluctant lawmakers Saturday to quickly approve nearly $50 billion in emergency aid to state and local governments, saying the money is needed to...
made popular Jun 14 2010
America’s biggest banks have had a windfall in bailout money. And in doing so have brought upon themselves the scorn of the taxpayers. Americans are incensed that...
made popular Jan 18 2010
The Union Civil Aviation Ministry should not bow its head before the pressure tactics being used by the private airlines in the country who are threatening to take the...
made popular Aug 3 2009
After years of arduous reorganization and a hellish effort to avoid bankruptcy, at the cost of tens of billions in federal bailout money; American auto giant did...
made popular Jul 13 2009
General Motors - American’s largest automaker - is desperate. It was just rescued from the brink of bankruptcy with a $13.4 billion bailout from the federal...
made popular Mar 7 2009
The Senate on Thursday night abandoned efforts to fashion a government rescue of the American automobile industry, as Senate Republicans refused to support a bill...
made popular Dec 17 2008
We have just seen the blood letting on Wall Street, which is likely to continue. In the face of this we have seen Gold go up along with a greater demand for buying and...
made popular Oct 14 2008
Novosti economic commentator Yelena Zagorodnyaya) - Russia has agreed to bail out Iceland by granting this small island state a huge stabilization loan at an...
made popular Oct 13 2008
Hugo Chavez, the dictator of Venezuela, referred to President Bush as Comrade Bush and said Bush has moved “left” in the financial crisis. Normally, I would...
made popular Oct 17 2008
While the U.S. Senate predictably capitulated to the demands of Wall Street last night, for the first time in recent memory the House listened to the American people...
made popular Oct 11 2008
IF ANALOGIES with the Great Depression are scary for Americans, they are hardly less so for Latin Americans. Within a few years of the 1929 stockmarket crash, 16...
made popular Oct 11 2008
Washington sets aside $700 billion for bailout. The economy weakens daily. The Democrats are likely to enlarge their majorities in Congress. It may seem that the US is...
made popular Oct 6 2008
An urgent question has appeared after the Collapse in the American economy:
How much the gulf states will pay to rescue the American economy?
According to reports by...
made popular Oct 2 2008
We apparently have an extra $700 billion of taxpayer money to spend in an effort to improve our economy. How are we planning to spend it? We are going to give it to...
made popular Oct 1 2008
The George W Bush administration’s US$700 billion no-accountability scheme, globally, informally dubbed “cash for trash”, is making all the headlines....
made popular Sep 27 2008
It seemed as if the global economy were headed for the kind of crash we haven’t seen since 1929. All the elements for a great financial meltdown and economic...
made popular Sep 27 2008
The debate over whether Washington should enact an extraordinary bailout of the nation’s financial system reached a fever pitch at a Senate hearing on Tuesday.
made popular Sep 24 2008
Few legal battles have been more exotic than the lawsuit tried over the past five years in a steamy jungle courtroom in Ecuador’s Amazon rain forest.
made popular Jul 29 2008
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Orion Township:
FILE - In this Dec. 12, 2008 file photo, Pontiac G6’s are shown at the General Motors Orion Assembly plant in Orion Township, Mich. GM would not deny reports Friday April 24, 2009 that it is preparing to scrap its Pontiac brand.
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