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10 Mar 2009 10:44

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Biz: A single AIG office may have screwed up the economy

  • $500 billion in losses at AIG’s London office source
Posted by Ernie Smith • 2 Comments • Permalink

10 Mar 2009 01:52

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Offbeat: You know how much a trillion bucks is worth. Here’s what it looks like.

That little guy in the corner has the worst job ever. He has to count all the $100 bills. source
Posted by Ernie Smith • 0 Comments • Permalink

08 Mar 2009 21:24

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Biz, U.S.: In NYC, bargain-hunters bought foreclosed homes

  • 1,000 number of New Yorkers who came out to a rare foreclosure auction source
Posted by Ernie Smith • 0 Comments • Permalink

08 Mar 2009 21:16

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Biz, World: When it comes to bailouts, don’t forget the third world

  • $700 billion might be needed; at least they’re not AIG. source
Posted by Ernie Smith • 0 Comments • Permalink

07 Mar 2009 16:32

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Biz, U.S.: Laid off and think you’ll get a temp job? Not so fast.

  • 1.42% of the workforce is temporary; that’s low source
Posted by Ernie Smith • 0 Comments • Permalink

06 Mar 2009 13:52

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U.S.: Yo Republicans: Obama ain’t backing down from his policies

  • This country has never responded to a crisis by sitting on the sidelines and hoping for the best. We have a responsibility to act, and that’s what I intend to do.
  • President Barack Obama • At an Ohio graduation ceremony for police recruits, whose jobs were saved by his stimulus plan. Obama’s been facing tough criticism from Republicans lately over the stimulus package. • source
Posted by Ernie Smith • 0 Comments • Permalink

06 Mar 2009 13:13

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Culture, Politics: What Jon Stewart’s criticism means for the media

  • The American public is mad as hell right now, so why isn’t the mainstream media? Balanced reporting is important, but a balanced, modulated tone of voice? Not now.
  • Will Bunch • On The Daily Show’s hardcore takedown of Rick Santelli and CNBC the other night. He claims that the media is playing it too safe in a time when the world is full of dangerous economic times. That fair and balanced stuff isn’t cutting it anymore. • source
Posted by Ernie Smith • 0 Comments • Permalink
 

06 Mar 2009 10:30

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Culture: Jon Stewart puts Rick Santelli in his place

This is the danger of skipping out on “The Daily Show,” friends: Jon Stewart may rip you to shreds. source
Posted by Ernie Smith • 0 Comments • Permalink

05 Mar 2009 10:36

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Biz: General Motors sounds like they’re on their last legs

  • The failure to obtain sufficient funding from the U.S. government or governments outside the United States may require us to shrink or terminate operations or seek reorganization for certain subsidiaries outside the United States.
  • General Motors • In a filing to the federal government regarding the health of their company. The company says it may have to go into bankruptcy to stay afloat, which, considering their size, would probably not be healthy for the economy at all. Michigan is screwed. • source
Posted by Ernie Smith • 2 Comments • Permalink

05 Mar 2009 10:30

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Biz: Wal-Mart: Where everybody shops because they’re broke

  • 5.2% increase in same-store sales during the month of February for the mega-retailer source
Posted by Ernie Smith • 0 Comments • Permalink
 
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