We are very mindful the because they came from drove us into this recession. Have been the bright guys on Wall Street who navigated their decades-old institutions into collapse over a weekend. And the supersmart car company executives who flew private jets into Washington and made application for bailouts. And let’s take into account the analysts at the credit-rating agencies who could not spot toxic securities and the investigators in the Securities & Exchange Commission who didn’t uncover a multibillion-dollar Ponzi scheme that lasted for decades. I can forgive all of them. But I can’t forgive Tom DeLay for pulling regarding Dancing together with Stars. “Sprained Ankle.” Just. What a wimp.
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U.S. consumer spending rose zero.2% in July, as expected. This, of course, was boosted by many of those auto purchases from the “Cash for Clunkers” provider. Do you think the Feds will reveal a new “Cash for TVs program” next month, to boost spending numbers in June? There are still a lot of people who don’t have enormous lcd TVs. Without cash for clunkers, joblessness too CEO DIRECTORY was essentially flat for that month of July.
The death of Pohlad is a blow to baseball. In era of revolving door employment, from GMs to managers to players jumping from team to team, longevity is often a word rarely used, except..
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AIG justifies the intended bonus payments by assuring the government they will scale back 2009 bonuses by 30%. We are told these bonuses must be paid because of legal obligations of the corporation. What about moral obligations on the country in addition shareholders? Rewarding failed leadership demonstrates AIG’s lack of understanding basically accentuates what appears in order to become fat cat greed regardless of job productivity. One of several companies, who are at this moment considered being too big to let fail. Companies who rejected and lobbied against oversight from outside sources. A variety of the very people who helped create this pot of boiling goo now expect their contracts for you to become full filled come hell or high water.
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