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Memo to Congress and automakers: A modest proposal - Buzzflash.com
So the people's representatives and Detroit's Big Three remain locked in spirited competition for the nation's title of top cretin. All eyes are on the race this year, because there really haven't been any credible challengers to the White House's ...

November 2008 - Weblogs.baltimoresun.com
Whenever chaos rules the economy and financial markets, I try to find financiers who have fended off the storm and resisted the temptations that brought down their competitors. It's always a bit of a risk. The company that appears strong today may be ...

FEIN: Government meddling helps the few, not the many - The Washington Times
The more things change, the more they stay the same. The president, the president-elect, and Congress endorse the folly of ever-changing market manipulations by government through the Troubled Asset Relief Act of 2008 (TARA) and sister bailouts of ...

Bring on U.S. Economic Stimulus Package, Part II - BusinessWeek
Our country is facing the worst economic crisis since the Great Depression. While Wall Street rides the roller coaster, too many families are facing immediate crises like layoffs, home foreclosures, and bankruptcy. Last month alone, our economy shed ...

Bridgewater warns employees of possible layoffs - Newark Star-Ledger
Bridgewater Township's 230 municipal employees have received a notice warning them of possible layoffs because of expected budgetary constraints, officials said today. A township ordinance requires a 45-day notice sent to all employees in ...

Nick Robinson's Newslog - bbc
With one bound they were free. The Tories are no longer committed to matching Labour's spending plans. In a speech this morning David Cameron says that his party will take another look at what government should be spending in what is likely to be ...

Bloodbath in Mayfair as half of all hedge funds face termination - Guardian Unlimited
Lights flicker and numbers flash up on small dials at the front of two computer servers nicknamed Meg Ryan and Jamie Lee Curtis by traders at the London headquarters of hedge fund giant Man Group. The shiny new technology is part of the nerve centre ...

Jobs, jobs, jobs must be the mantra for a softer recession - Guardian Unlimited
In the article below we said that when incapacity benefit is replaced by employment and support allowance the very sick and totally incapable will get higher benefits than now, but the rest will get no more than the ordinary jobseeker's allowance. To ...

Harper lines up with Bush on reform - Globe and Mail
Jim **** from Canada writes: An odd alliance. Yesterday Mr. Bush said the capitalist system wasn't to blame for the current crisis, leading to inescapable conclusion that his adminstration must be to blame then. Odd that Harper would line up with ...

Road to recession - Belfast Telegraph
It began with the banks. Then house prices began to tumble. In the months that followed, the shock waves spread, engulfing first high streets, then factories – and thousands of jobs. In this gripping account, Paul Vallely travels across Britain to ...