What is Behind the AIG Scandal (tags)
The controversy surrounding the American International Group (AIG) is one for the ages, for it starkly reveals who is really running our economic system and to what end. In an effort to please two irreconcilable groups — the vast majority, average working Americans, versus the few financial elite — Obama has lately resembled a tightrope walker on a tattered rope. The AIG debate has now unsettled this delicate balance; no longer will it be so easy to give billions to Wall Street while fake rage is hurled against this same group. The jig is up.
Obama's Bank Bailout: Bush's Plan Resurrected (tags)
To reintroduce an unpopular idea by a different name is a classic trick of politicians. Obama has done precisely this in unveiling his bank bailout plan. In a desperate attempt to distance himself from Bush, the Obama administration has added some complicated economic terms packaged into a system he simply calls the “bad bank.” The essence of the plan, however, is exactly what Bush originally proposed.
A New Interactive Web Site Hits You in the Face Over the Enron-Style Looting of the US Treasury and What It Means to You Personally A Political Reality Check for California's Political Circus
Update from Inside BIO2001 (tags)
Cop Overheard Bragging the Following to a Biotech Executive Inside BIO2001 (Perhaps Hoping for a Stock Tip)