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09 Jul 2009 10:20

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U.S.: Coming soon: Obama Stimulus Plan II, Electric Boogaloo?

  • With unemployment still really high, it might just be necessary. The first stimulus plan convinced die-hard fiscal conservatives everywhere to make total tea bags of themselves. Would a possible round two have a similar effect? That’s what Obama administration officials get to have fun deciding over the next little while. If things continue to suck in the economy, we could in fact see another stimulus package sold to the American people. The question is, when, if at all, would it be safe for Obama to pull that fairly unpopular trigger? source
Posted by Ernie Smith • 0 Comments • Permalink

24 May 2009 11:53

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Culture: Adam Lambert may have lost “Idol,” but he could lead Queen instead

  • It’s not like we, as Queen, would rush into coalescing with another singer just like that. It isn’t that easy. But I’d certainly like to work with Adam. That is one amazing instrument he has there.
  • Queen lead guitarist Brian May • Discussing the possibility that Adam Lambert, the nearly-coulda-been “Idol” contestant, could lead his band, which has been sort of floating in the ether since Freddie Mercury died in 1991. (The feeling’s mutual, by the way, so it’s not just some old guy talking about something that won’t happen.) Why the heck not. Might as well ruin two careers at once. • source
Posted by Ernie Smith • 0 Comments • Permalink

04 May 2009 02:34

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Biz, U.S.: The Boston Globe’s currently facing some trying hours

  • Unions and management are butting heads. At stake? The paper itself. The management of The Boston Globe, owned by The New York Times Company, is prepared to file a shutdown notice if it cannot convince its unions to cut costs significantly. The iconic newspaper and the union have for the moment stopped talking, but could start up again tonight. The two sides were fighting against a deadline which conveniently passed at midnight. See that? That’s sweat going down furrowed brows. source
Posted by Ernie Smith • 0 Comments • Permalink

21 Apr 2009 23:54

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Biz, U.S.: Great! The bailout program could be a huge target for fraud.

  • The sheer size of the program … is so large and the leverage being provided to the private equity participants so beneficial, that the taxpayer risk is many times that of the private parties, thereby potentially skewing the economic incentives.
  • Inspector General Neil Barofksy • In a massive quarterly report on the Troubled Asset Relief Program. Sound like fun? It totally is. We hope, if the banks defraud us taxpayers, they do it in really cool ways, like buying themselves gold houses and rocket cars. • source
Posted by Ernie Smith • 0 Comments • Permalink
 
 
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