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Survival of the smartest! Office Depot is awarding more than $1,000,000 in prizes in the Office Depot—Adopt a Small Business Contest. 500 small businesses will win more than $2,000 in prizes! Want to enter? Upload a two-minute video about what your business is doing to survive during…
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So, my problem is I let things build up inside of me, until I am literally on the verge of exploding. The problem I am having today is with the government (president, congress, and any other group of people who is in charge of making the frivolous, wrong, harsh decisions that have been made) and… Read More »
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On the hot seat with Congress today, AIG's CEO Edward Liddy said he had asked the employees of the insurance giant's financial products unit who received bonuses of $100,000 or more to return "at least half of those payments."
AFP via Yahoo! News
In a year when so many people are unemployed and those still employed couldn't even hope for a bonus when pay freezes are becoming standard procedure, it's the least AIG can do since the $165 million in bonuses should never have been paid out to begin with. Read More »- Let’s talk: Comment (18) | Blog
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I find the "shock and awe" reaction that people are having over AIG paying off their insurance claims to International Banks is absurd. HELLO! AIG stands for American INTERNATIONAL Group. They are an international insurance company for banks....who did they think… Read More »
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Well, time will tell if Obama’s $900 billion stimulus package will pass. The hopeful deadline was for today. Many people are criticizing this bill because it is so pork laden (in other words, stuffed with unnecessary money for unnecessary things). I’m nearly certain that the…
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Work is underway in Washington to rev up the economy. I recently heard someone ask, if lawmakers just gave all the stimulus and bailout money to taxpayers, just how much would the check be? I pulled out the calculator and a friend to double-check the…
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As most of us were reeling from the news of layoffs, firsthand or pinks slips in the hands of close friends and colleagues, and the rest of us were feeling grateful to have a job even if it comes with a promise of no salary increases this year, the out-of-touch, out-of-their-minds execs on Wall Street were doling out nearly $20 billion in bonuses to each other. Read More »
President Obama calls Wall Street bonuses "shameful," with Treasury Secretary Tim Geithner and VP Joe Biden at his side./AP via Yahoo! News
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<p>I got curious after listening to the news this morning. What, was the Cato institute, who's representitive was so scathing of the Banks Bailout?<br> Not that I disagree with his accessment in any way, but what was Cato, and how did they get a voice ? Now the fun part... Read More »
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<img alt="" src="http://a323.yahoofs.com/phugc/_PCtSLKJDxpp/photos/88ee57003ed69d9a48cbeb1b79a42a83/mr_f2fff184384c43.jpg?ug_____DVM4GD5Ye" align="left" width="400" height="293">At a conference the other day, I asked two women how they felt about the U.S. auto industry bailout. The two women, who had been amiably chatting a moment before, suddenly turned angry. "Yeah, we’ve gotta have it!” The other said: “Bailout? Why do they need a bailout?” A lot of you are probably screaming mad about it either way. Why does it seem that everyone — except you — gets a bailout? Here you are, trying to keep it together for yourself and your family after taking hits from rotten mortgages; higher food prices; and huge gas, health, and college-cost hikes. On top of that, you’re wondering if you or your partner’s job is on the brink, and there’s a good chance your credit-card rates will be jacked up to make up for the mess (as we’ve just seen from Citibank). Read More »
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