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Posts Tagged "Wall Street"

Obama’s Plan? Second Verse, Same as the First

Everyone in the MBM keeps treating August 2 as Judgement Day; that if no deal on the debt ceiling has been reached by then, America automatically goes into default and the gates of hell swing open and DOOM! engulfs the nation’s (nay, the entire global) economy. Which is, of course, complete bullshit. Don’t take my […]

Another of Nancy’s Little Nuggets is Unearthed

Nancy Pelosi wasn’t kidding when she said, “we have to pass the bill to find out what’s in it.” Most people know about the individual mandate in the new health care bill, but the bill contained another mandate that could be far more costly. … snip … Basically, businesses will have to issue 1099s whenever […]

Another Spitzer Shakedown

Radio Conglomerates Eyed in ‘Payola’ Probe Warner Music Group Corp. agreed last year to pay $5 million to settle its part of the investigation, and Sony BMG Music Entertainment agreed to pay $10 million. It’s works like this with NYAG Eliot Spitzer. He holds a press conference and levels charges–doesn’t actually file them, most times–against […]