Stimulus Grants for Batteries and Green Cars
Last week, the Obama administration revealed the 48 recipients of $2.4 billion in federal grant money supposedly designed to stimulate domestic production of...
Sectors
More Unemployed, Yet Unemployment Rate Drops
Unemployment numbers ticked upward during July at a much slower pace than past months,...
First-time Unemployment Claims Up
First-time unemployment claims continue to increase at a faster pace than expected. “The Labor...
Another Minimum Wage Hike: But Will It Help?
In another example of turning lemonade into lemons in economically troubled times, the federal...
Media Raising Concerns Over Goldman Sachs’ Gov’t Influence
Even the mass media is starting to take notice of the longtime cozy relationship...
Obama Weighing Homeowner Bailout Proposal
“U.S. officials are weighing a plan to let borrowers who have fallen behind on...
Bailing Out Minority Broadcasters
If you understand the relative superiority of the free market, none of our government's...
BusinessWeek Could Sell for $1
With plunging advertising revenue across the industry, McGraw-Hill is reportedly putting BusinessWeek up for...
The New GM: Image vs. Reality
After a mere 40 days under bankruptcy protection, a “new GM” has emerged amid...
The New Public-Private (Mostly Public) GM
Weeks before it was supposed to happen, a bankruptcy judge has approved the restructuring...
IRS Makes Americans International Pariahs
As the Internal Revenue Service continues its hunt for tax dodgers, Swiss banks are...
Wal-Mart Backs Employer Insurance Mandate
Wal-Mart on June 30 sent a letter to President Barack Obama stating its support...
Panel Rules Against Chinese Tire Imports
On June 18, the U.S. International Trade Commission ruled 4-2 that China was flooding...
Proposed Financial & Insurance Regulations
On June 17, President Barack Obama proposed sweeping changes to federal regulation of financial...
Chrysler-Fiat Bailout Cost: $870,000 Per Job Saved
Last week’s Chrysler-Fiat alliance cements a total federal commitment of $33.48 billion in federal...
Chrysler Bankruptcy & Political “Fiat”
All you need to know about the dynamics behind the Chrysler-Fiat “Alliance” being pushed...
Chrysler-Fiat Deal: U.S. Government as “God”
The June 6 Wall Street Journal has reported that the U.S. federal government pressured...
Good and Bad News on May Unemployment
The oft-repeated line that “I have good news, and I have bad news” applies...
Details of GM Bankruptcy Emerge
More information about GM’s Chapter 11 bankruptcy is beginning to emerge. The Kansas City...
GM Files Chapter 11 Bankruptcy
After years of suspense, the bankruptcy that surprises nobody is finally official. One of...