Senate Finance Chairman Suggests Excise Tax on AIG

March 17, 2009

WASHINGTON -(Dow Jones)- Senate Finance Committee Chairman Max Baucus, D- Mont., suggested Tuesday he and other lawmakers will pressure the Internal Revenue Service to impose hefty excise taxes on bonuses paid to executives of American International Group Inc. (AIG) that have stirred outrage.

More →

When Newspapers Fold

March 17, 2009

The death of a modern newspaper is a real-time, multimedia event. When journalists on the Rocky Mountain News were summoned to their Denver newsroom on February 26 to be told they were working on their final edition, they relayed the announcement through live blogs, online videos, slide shows of tearful colleagues and a minute-by-minute stream […]

More →

Obama Taps Steelers Owner Rooney as Ambassador to Ireland

March 17, 2009

WASHINGTON (AP) – President Barack Obama has tapped Pittsburgh Steelers owner Dan Rooney to be U.S. ambassador to Ireland. The 76-year-old Rooney is a lifelong Republican who endorsed Obama during Pennsylvania’s contentious Democratic primary. He later campaigned for him in Steelers country in western Pennsylvania.

More →

Cohen: Cramer Incident Shows Why Jon Stewart Needs a Jon Stewart

March 17, 2009

What Jon Stewart needs is Jon Stewart. He could use a droll comedian to temper his ferocity and correct him when he’s wrong, as he was about the financial media, particularly CNBC and its excitable analyst Jim Cramer. They didn’t cover up the story of financial shenanigans. They didn’t even know it existed.

More →

Franken v. Coleman Could Echo Bush v. Gore

March 17, 2009

A state court could rule any day now on Norm Coleman’s challenge to Al Franken’s 225-vote lead in Minnesota, but the race may be far from over no matter what the judges say. Top Republicans are encouraging Coleman to be as litigious as possible and take his fight all the way to the U.S. Supreme […]

More →

When Putin Met Reagan?

March 17, 2009

Radio Free Europe’s Brian Whitmore shares this photo, which many are claiming depicts an encounter between now Russian Prime Minister Vladimir Putin (the blonde man on the left with the cameras) and U.S. President Ronald Reagan in Moscow’s Red Square.

More →

From the Archives: Study Says FDR's Policies Prolonged Great Depression by 7 Years

March 17, 2009

Two UCLA economists say they have figured out why the Great Depression dragged on for almost 15 years, and they blame a suspect previously thought to be beyond reproach: President Franklin D. Roosevelt.

More →

David Hamilton First Obama Pick for Appeals Court

March 17, 2009

WASHINGTON — President Obama is expected to name his first candidate to an appeals court seat this week, officials said, choosing David F. Hamilton, a highly regarded federal trial court judge from Indiana, for the appeals court in Chicago.

More →

Meghan McCain: Quit Talking About My Weight

March 17, 2009

Meghan McCain responds to Laura Ingraham’s attack on her weight: Why is this topic still a socially accepted prejudice—and why in the world would a woman raise it?

More →

Why the AIG Bonus Scandal Imperils Obama's Entire Agenda

March 17, 2009

As powerful as the new president is, it appears he won’t be able to block the $165 million in executive bonuses paid out by bailed out insurance giant AIG. People like Chris Dodd engage in convoluted CYA, and Chuck Grassley suggests AIG execs ought to “follow the Japanese model … resign or go commit suicide.”

More →

← Previous Entries

Next Entries →