Government

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Health Fare For Us All!

“I never met a crisis that I didn’t like.” Rahm Emanuel, White House Chief of Staff
The Great Social Security and Medicare Panic – Time Magazine, May 2009
It is becoming increasingly clear that one can gauge the direction of the Obama White House by the crises of the day.  It’s the old ying and yang, the [...]

2Jun2009 | Minnie Rudolph | 0 comments | Continued
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What Makes Obama Tick?

So you want to be a community organizer.  You could do worse - after all, President Obama cut his political teeth as a community organizer.
What exactly does a community organizer do? In broad terms, the community organizer engages with an identified group of people, facing specific issues, and who individually have no voice in the [...]

28May2009 | Minnie Rudolph | 0 comments | Continued
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The Government: Putting the ‘G’ in GMAC

It wasn’t too long ago that if you purchased a new car, you often found yourself financing that purchase with a financial arm of the manufacturer. For example, if you bought a General Motors (NYSE GM) product, you financed it through their financing arm, GMAC (NYSE GMA). Same with a Ford (NYSE F) or a [...]

18May2009 | George Stevens | 0 comments | Continued
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What’s in General Motors’ Fortune Cookie?

With almost everybody in the business community expecting General Motors (NYSE GM) to be forced into bankruptcy, let’s review some of the reasons why this icon of American industry has fallen on hard times:
Too many marquees. Currently, GM has at least 7 different brands under their banner (depending on what you count as a brand.) [...]

11May2009 | George Stevens | 0 comments | Continued
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Barney’s Kiss of Death

In the sports world, when a coach or player receives the thumbs up from management, it often bodes poorly for that person. For some reason, the management types feel a need to hide behind “unfailing support” for the person, when in fact they are on their way out.
No one does this better than Al Davis, [...]

6May2009 | George Stevens | 0 comments | Continued
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Bank of America’s Latest Magic Trick

Alright, help me out here. For some, my earlier confessions of being a financial klutz remains true. I have no comprehension of figures like one billion dollars, much less one trillion dollars. I am slipping even further into the abyss with the release of the quarterly report of Bank of America. (NYSE BAC)
Apparently, famed magician [...]

4May2009 | George Stevens | 0 comments | Continued
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Another Day, Another Bonus

We all remember the furor over the bonuses at AIG (NYSE AIG), Merrill Lynch (NYSE MER), and others, don’t we? How absurd it seemed that millions upon millions of dollars lined the pockets of select employees, all this in light of billion dollar corporate losses.
Many of us were justifiably angry. Here we are, facing a [...]

28Apr2009 | George Stevens | 0 comments | Continued
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Bank of Irony or Bank of Lies?

Our world is full of ironies. However, often, these “ironies” are revealed to be lies. Let’s take a look at the Bank of America (NYSE BAC) which today stands at a crossroad. This behemoth of the financial world absorbed both Countrywide Mortgage and Merrill Lynch. All this, in the midst of its own internal failures. [...]

14Apr2009 | George Stevens | 1 comment | Continued
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The Big Bonus Smokescreen

The smokescreen is an often used tactic of police, SWAT teams, and the military. Let’s say you want to approach an enemy without them knowing what you’re doing. So, what do you do? You set off smoke bombs that cloud the vision of the suspects, thus allowing the other side to move closer to them, [...]

8Apr2009 | George Stevens | 0 comments | Continued
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Cry Uncle, Bank Of America!

I live in the capital city of the least populated state in the Union. Because of this fact, and because the population of the capital city is well under 60 thousand, who would have thought that banks here would multiply as quickly as rabbits in a hutch? In order to get to the primary shopping [...]

7Apr2009 | George Stevens | 0 comments | Continued
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