After months of hand-wringing, bailouts and backlash, new GM CEO Fritz Henderson says bankruptcy is still a very real possibility: The company, he said, has until June 1 to accomplish changes sought by the government, or it will be in bankruptcy. The 60-day deadline should be enough time, but if it becomes evident that the [...]
Personally, I just don’t care at this point. People will think what they want. It was dumb when the left did it to Bush and it’s just as dumb now. From David Horowitze agrees: Conservatives, please. Let’s not duplicate the manias of the Left as we figure out how to deal with Mr. Obama. He [...]
Despite the continued economic woes, Americans aren’t yet ready to blame our new president. At least that’s the conclusion of a new Washington Post/ABC News poll: Asked who was responsible for the economic meltdown, 80 percent in the poll blamed banks, financial institutions and corporations. Some 70 percent also blamed consumers for taking on too [...]
A little perspective… In two months, he has unveiled sweeping initiatives — a stress test for big banks, a small-business lending program, a housing plan, a public-private toxic-asset investment program, and a massive financial-reregulation proposal. He meets with Summers daily and the president almost every day, talks to Federal Reserve Chairman Ben Bernanke multiple times [...]
If nothing else it’s a welcome example of personal wealth responsibility and not wasting tax payer’s money on seemingly frivolous things. From NY Mag: New presidents are allotted $100,000 to overhaul the White House residence and the Oval Office, and the Obamas hired Hollywood decorator Michael S. Smith (known, per his site, for mixing “Old [...]
And 40% disapprove. That leaves 18% who have no opinion. So, theoretically, if he split the undecideds he’d have 51% approval. Not bad for all the shots he’s been taking. And, as expected, the Independent voter provides the balance between Dems and Repubs… Here’s the thing…it seems like we saw numerous government officials get rock [...]
Looks like the Republican’s “budget” presentation last week was little more than a PR stunt after all. And I’m not sure why they even bothered. Because all it did was make them seem even less credible when it comes to fixing the economy. Not smart. From The Note: According to a spokesman for Senate Minority [...]
Since he’s not holding an elected office right now, he’s the most well positioned of any of the 2012 hopefuls to be THE voice of opposition. Because he can present ideas galore and none of them have to pass any test or go before any vote. And now, well, there’s this: The former Massachusetts governor [...]
So it’s pretty apparent people are upset that there are different rules for the automakers and banks. Well, I’m not sure what to tell you except the entire economy isn’t leveraged against the health of the Big 3. Yes, they’re vitally important and I think we should continue to help them out, but they don’t [...]
We need Timothy Geithner. His two-places-at-once magic press act this weekend just confirms it. It’s not because the Treasury Secretary was on George Fluffalupagus’ show and “Meet The Press” at the exact same time, though he gets a Ubiquitous Obama award for that. And it’s not because the Geithner guillotine guessing odds flipped and flopped [...]
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