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February 12, 2009
How could anyone take a principled stand against the $789 billion economic stimulus bill? Any opposition to this massive expansion of the federal government must be sheer political posturing. Or so said Newsweek magazine’s Jonathan Alter.
Alter…
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February 11, 2009
Despite his tax problems, President Barack Obama’s newly minted Treasury secretary, Tim Geithner, was sold to Congress as the one who was going to save the fragile financial system.
However, in what was billed to be a big announcement, and…
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February 11, 2009
As in the 1930s, green-eyed populists are once again staring resentfully at the pay and lifestyles of corporate executives and demanding change.Democrats in Congress and the news media have long pushed for pay caps for the very rich. President…
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February 11, 2009
President Barack Obama has proclaimed his administration will be more open than the previous administration. However, his counterparts in the House and the Senate aren’t following suit.
The Washington Post has reported that negotiations between…
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February 11, 2009
The January 26th issue of “The Wall Street Journal” finally provided some really cheery news about the economy with the joyful headline: “Recession Batters Law Firms, Triggering Layoffs, Closings.”
I’ve long advocated a government imposed one- to…
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February 11, 2009
Whether it’s AIG, the automakers or many of the beleaguered colossal Wall Street institutions – there’s a mantra that is repeated throughout the media – they’re too big to fail.Perhaps it’s too little too late – after bailouts for Fannie Mae,…
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February 10, 2009
Editor, The New York Times
229 West 43rd St.
New York, NY 10036
To the Editor:
Paul Krugman thinks that that the stimulus package is too small ("The Destructive Center," Feb. 9). He, like many others, portrays today's recession as a major…
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February 10, 2009
If you want a preview of tactics that could be on the way in the name of curbing global warming, take a look across the pond at what they’re doing in Europe.
In Britain, Lord Puttnam, the founding chairman of the National Endowment for…
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February 10, 2009
WASHINGTON – Shares of Hope and Change, Inc. finally rose this past week on word the North American firm would spend more than $1 trillion to dig itself out of a prolonged economic downturn. Hope and Change (NYSE:HOPE), formerly the United States of…