[email_link] Let’s see: Delta/Northwest…Continental/United…US Air/America West…now AMR…Southwest/Airtran… We are screwed…prices will only go up. (MoneyWatch) US Airways (LCC) has filed an 8K with the SEC to begin the process of a takeover of American Airlines, which is currently in Chapter 11 bankruptcy. According to the SEC, Form 8-K is the ‘current report’ companies file with the SEC…
[email_link] Just sickening to watch! Barack Obama’s reelection campaign has released the most recent list of names of fundraising bundlers. On that list is Jon Corzine, the former governor of New Jersey and embattled money man, the former head of MF Global: Continued SOURCE: http://www.weeklystandard.com
[email_link] The Congressional Budget Office said Thursday that 45 million people in 2011 received Supplemental Nutrition Assistance Program benefits, a 70% increase from 2007. It said the number of people receiving the benefits, commonly known as food stamps, would continue growing until 2014. Spending for the program, not including administrative costs, rose to $72 billion in 2011, up from…
[email_link] “GOVERNMENT IS A TRUST, AND THE OFFICERS OF THE GOVERNMENT ARE TRUSTEES, AND THE BOTH, THE TRUST AND THE TRUSTEES ARE CREATED FOR THE BENEFIT OF THE PEOPLE!” – HENRY CLAY Tim Geithner is our Treasury Secretary. Before I say another word, this is what their own website says about the job of…
[email_link] Dick Clark, the music industry maverick, longtime TV host and powerhouse producer who changed the way we listened to pop music with “American Bandstand,” and whose trademark “Rockin’ Eve” became a fixture of New Year’s celebrations, died today at the age of 82. Continued SOURCE: http://abcnews.go.com/Entertainment/dick-clark-entertainment-icon-nicknamed-americas-oldest-teenager/story?id=16076252
[email_link] Banks are complicated, and especially in this age of too-big-to-fail, they often house a number of thorny practices under one roof – practices that, as we learned the hard way in the fall of 2008, can be difficult to regulate. Click here to see the convoluted system that has evolved. SOURCE: http://www.thefiscaltimes.com
[email_link] APRIL 17–In a stinging legal rebuke, a New York judge has dismissed a lawsuit brought by Howard Stern against SiriusXM and, in the process, revealed that the radio host had been seeking a whopping $300 million in stock awards he claimed were owed as part of his employment contract with the satellite radio firm….
[email_link] (CNSNews.com) – A bankruptcy court ordered $368,500 in bonuses for 20 top managers and employees of Solyndra, the solar panel firm that received $535 million from taxpayers two years before filing for bankruptcy and laying off 11,000 employees. The bonuses kicked in on March 31. Continued SOURCE: http://cnsnews.com
[email_link] THIS IS A GREAT CHART! Source: Bianco Research L.L.C. Charts Of The Week, April 11, 2012
[email_link] “George Bush felt it was appropriate to release the names of his bundlers. John McCain did. But not Mitt Romney. Why did George Bush and John McCain release multiple years of tax returns, but not Mitt Romney? Why did Mitt Romney leave Massachusetts government with the hard drives from his computers, and why did his senior…
