Tag: bailouts
The rectangle said: September 2.
by freesnake on Sep.02, 2009, under Uncategorized
“It was a calendar the mayor of New York had erected last year on the top of a building, so that citizens might tell the day of the month as they told the hours of the day, by glancing up at a public tower. A white rectangle hung over the city, imparting the date to the men in the streets below. In the rusty light of this evening’s sunset, the rectangle said: September 2.”
On this day, the greatest story of the century begin with the question (continue reading…)
Clunkers, Health Care and Uncle Sam
by freesnake on Aug.20, 2009, under National
Have you noticed any correlation between the “Cash for Clunkers” program and health care reform?
Some months ago, there was a crisis in America: US auto makers were in trouble. Uncle Sam’s solution was to provide billions of dollars to carry Chrysler and GM through the troubled times. This did not prevent the bankruptcy of both companies and the subsequent revision of bankruptcy law to (continue reading…)