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Tag: Economy


Flickr user Stefano A (CC-BY)

U.S. Slaps Toyota With Record Fine

U.S. auto regulators have decided to fine Toyota a maximum $16.375 million, having determined that the car company waited “at least four months” to recall its troubled vehicles. Toyota can contest the fine, which, although a record, amounts to a tiny fraction of the total financial impact of recalling some 8 million vehicles worldwide. (continued)

Posted on Apr 5, 2010 READ MORE


Barack Obama, Meet Sisyphus

President Obama’s health care victory marked the beginning of a new phase in the administration’s political struggles, not a final triumph.

Posted on Apr 5, 2010 READ MORE


Obama’s Base Problem

No flesh-and-blood president could live up to the imagined heights of candidate Obama, but a broader Democratic Party guarantees disappointment for all, some of the time.

Posted on Apr 4, 2010 READ MORE


Obama
AP / M. Spencer Green

Turning the Corner

An improving U.S. labor market has convinced President Obama that the domestic economy is “beginning to turn the corner,” though he cautions that a sustained employment boom will take time.

Posted on Apr 2, 2010 READ MORE


These Devils Wear Privilege

A country founded on anti-royalism and defined by anti-aristocrat political rhetoric will naturally profess disgust for, say, Ivy League presidential candidates and Duke basketball.

Posted on Apr 1, 2010 READ MORE



Polyglot Edition

Today on the list: The language everyone in the world is learning, YouTube’s original sin and whither the SEC?

Posted on Apr 1, 2010 READ MORE


Sunny Charlie Crist’s Rain Cloud

Florida Gov. Charlie Crist, now the underdog in a tough Senate primary, longs for a political world that seems to have vanished.

Posted on Mar 31, 2010 READ MORE


Greece Isn’t Europe’s Only Problem

Today’s European crisis was precipitated by Greece acting with possibly reckless honesty, and Germany behaving badly.

Posted on Mar 30, 2010 READ MORE



AP / Jae C. Hong

Is America ‘Yearning for Fascism’?

Fritz Stern wrote “In Germany there was a yearning for fascism before fascism was invented.” It is the yearning that we now see, and it is dangerous.

Posted on Mar 29, 2010 READ MORE



Flickr / World Economic Forum

Russia’s Father Time

In an effort to “breathe new life into business activity,” Russian President Dmitry Medvedev has reduced the number of time zones in his country from 11 to nine. More time zone collapsing could lie ahead, with Medvedev suggesting Russia could get by with maybe five.

Posted on Mar 28, 2010 READ MORE



Flickr user George Lu

China Is Beating the Pants Off the U.S. in Clean Energy

China invested nearly twice as much money—$34.6 billion—in clean energy projects in 2009 as the United States. The ecological impact of China’s economic boom could be a factor, but so could ... (continued)

Posted on Mar 25, 2010 READ MORE


The Looming Water Disaster That Could Destroy California

There’s a disaster waiting to happen in the Sacramento-San Joaquin Delta, and a handful of wealthy farmers seem to like it that way.

Posted on Mar 25, 2010 READ MORE


The Right-Wingers Who Cried Wolf

Going too far for Bill O’Reilly is going very far indeed, but the madness of the conservative reaction to the health care bill has yet to abate.

Posted on Mar 25, 2010 READ MORE


Health Care’s New Nullifiers

Virginia Attorney General Ken Cuccinelli seems determined to use an attack on health care reform to bring us back to the 1830s.

Posted on Mar 25, 2010 READ MORE



Noam Chomsky Edition

The water disaster that could destroy California, how much NATO pays for dead Afghan children, and answers to frequently asked questions about health care reform.

Posted on Mar 24, 2010 READ MORE



‘Health Care Reform Is Law’ Edition

Why are Scandinavians so good at murder mysteries? Was Cleopatra really hot? Plus: Stealing your water and the secret deal Obama made to kill the public option.

Posted on Mar 23, 2010 READ MORE



AP / Charles Dharapak

The Health Care Hindenburg Has Landed

As politicians go, Rep. Dennis Kucinich is about as good as they get, but he is still a politician. And so he signed on to a bill that will do nothing to ameliorate the suffering of many Americans, will force tens of millions of people to fork over a lot of money for a defective product and, in the end, will add to the ranks of our uninsured.

Posted on Mar 22, 2010 READ MORE



Flickr / eflon

Regulating Too Big to Fail

Coming only a year too late to the party, Fed Chair Ben Bernanke has asserted that regulators must be “significantly tougher” on the large financial firms, arguing that the perception of those institutions as “too big to fail” threatens competition in the financial markets.

Posted on Mar 20, 2010 READ MORE


‘Kumbaya’ No More

No matter what the Democrats attempt or how they go about it, Republicans are going to complain, obstruct and attack. It’s hard to fathom why that took so long to sink in.

Posted on Mar 19, 2010 READ MORE



Flickr / FreeCat

A World Without Tuna

They served whale at a Santa Monica sushi restaurant. But where are the shock, horror and hidden cameras when the sashimi comes out? Tuna are rapidly vanishing from the Earth’s oceans. An effort to ban the export of Atlantic bluefin tuna just failed at a U.N. meeting, because the countries that sell the animals as food are worried about their fishermen.

Posted on Mar 18, 2010 READ MORE



Privacy Is Dead Edition

The many legal ways your boss is probably spying on you, Stephen Baldwin’s latest crusade, and the famous photo even professional journalists don’t recognize—all this and more after the jump.

Posted on Mar 18, 2010 READ MORE



NPR Strike Edition

Wikipedia is big news in college, Texas textbooks go the way of toilet paper and the NPR strike we never saw coming.

Posted on Mar 17, 2010 READ MORE



Mega Media Edition

Hop on past the jump to find out who owns the media, how Gen. David Petraeus wants to handle Israel and why a 13-year-old genius is suing his school.

Posted on Mar 16, 2010 READ MORE



Flickr / The Doodler

Katrina’s Toxic Trailers Are No Bargain

FEMA is selling more than 100,000 contaminated trailers and mobile homes that are toxic enough to make people very sick.

Posted on Mar 15, 2010 READ MORE



AP / Muhammed Muheisen

Israel Crackdown Puts Liberal Jews on the Spot

The Israeli government, its brutal war crimes in Gaza exposed in detail in the U.N. report by Justice Richard Goldstone, has implemented a series of draconian measures to silence and discredit dissidents, leading intellectuals and human rights organizations inside and outside Israel.

Posted on Mar 15, 2010 READ MORE


All the King’s Horses and All the King’s Men

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Posted on Mar 14, 2010 READ MORE    


The Tax War Goes Online

Amazon has sent a message to states buckling under budget deficits: If you make us play by the same tax rules as other businesses, we’ll punish you.

Posted on Mar 11, 2010 READ MORE


Good News!

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Posted on Mar 11, 2010 READ MORE



Flickr / FAB O LENS

China Has Second-Most Billionaires, Behind U.S.

Well, that didn’t take long. China now has more billionaires (89 if you include Hong Kong) than any other country except for the U.S., which, to be fair, has been working overtime to transfer wealth upward. Unlike the U.S., the Chinese government has promised to distribute its bounty to “make our society fairer and more harmonious.”

Posted on Mar 11, 2010 READ MORE


Good Debt, Bad Debt

There is a pathetic quality to our discussion of deficits and fiscal responsibility because we never face up to how much we need government to do.

Posted on Mar 10, 2010 READ MORE



Liz Cheney Edition

Today on the list: Why Liz Cheney’s fear-mongering is blowing up in her face, how Florida plans to de-gay Hollywood and why books are overrated.

Posted on Mar 10, 2010 READ MORE



Flickr / It's Our City

What Do Toyota and Big Tobacco Have in Common?

Fed up with a certain automotive academic who has been challenging Toyota’s claims about its car troubles, the automaker demonstrated similar problems in its competitors’ vehicles and fielded a team of experts to argue counterpoint. One of those experts runs a consulting firm for hire that once found no link between secondhand smoke and cancer. (continued)

Posted on Mar 9, 2010 READ MORE



U.S. Navy / LS1 Kelly Chastain

Haiti President Sees Competition From Aid

Haiti’s President Rene Preval said Monday that continued shipments of food and water aid “will be in competition with the national Haitian production and Haitian commerce.” Instead, Preval said, donors should help rebuild and create employment in the impoverished country.

Posted on Mar 8, 2010 READ MORE


School’s Out

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Posted on Mar 8, 2010 READ MORE


Bunning
AP / Susan Walsh

Krugman: ‘Bipartisanship Is Now a Foolish Dream’

Someone might want to call President Barack Obama’s attention to the main message of Paul Krugman’s latest Op-Ed column in The New York Times: This whole bipartisanship idea isn’t going to catch on in Congress. Krugman takes the recent example of the bill-blockading gymnastics of Sen. Jim Bunning (pictured above), along with ... (continued)

Posted on Mar 5, 2010 READ MORE



Bureau of Labor Statistics

Unemployment Hovers at 9.7%

Analysts are looking at February as a not-so-bad month for unemployment, with the U.S. economy losing fewer jobs than expected for the month, while the unemployment rate remained stubbornly high at 9.7 percent.

Posted on Mar 5, 2010 READ MORE


Colbert

‘Colbert Report’: Greece, Frightening

Sure, Goldman Sachs CEO Lloyd Blankfein once crowed that his firm was “doing God’s work,” but, as Stephen Colbert points out here, Blankfein never actually specified which God he was talking about. Perhaps it was Hades, Greek god of the underworld. Given the state of the Greek economy, that may not be too much of a stretch.

Posted on Mar 4, 2010 READ MORE


Saturday Delivery

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Posted on Mar 4, 2010 READ MORE


Competition in Ignominy

There is a lot of money to be made by big international banks in impoverished small, and even medium-size, countries in times of world crisis.

Posted on Mar 2, 2010 READ MORE


Domestic Violence: A Pre-Existing Condition?

March is Women’s History Month, recognizing women’s central role in society. Unfortunately, violence against women is epidemic in the United States and around the world.

Posted on Mar 2, 2010 READ MORE



Marvel.com

Spider-Man Loses His Job

Not even superheroes are safe in this economy. Peter Parker, aka Spider-Man, is going to get fired in the next issue of the comic book. Marvel says the unemployed webslinger will have to figure out how to pay his rent and buy web fluid without his photography gig.

Posted on Mar 2, 2010 READ MORE



Wikimedia Commons / Phil Konstantin

Why Jerry Brown Wants to Be California’s Next Governor

We’ve known for years that Jerry Brown would run to succeed Arnold Schwarzenegger in 2010, but the former two-term governor waited until Tuesday to make it official. In his announcement video, Brown promised not to raise taxes without ... (continued)

Posted on Mar 2, 2010 READ MORE


Leftover

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Posted on Mar 2, 2010 READ MORE    



White House / Lawrence Jackson

The System Works, Obama’s Approach Doesn’t

Divided government need not mean gridlock. Eisenhower, Nixon and Reagan made it work. Obama can, too.

Posted on Mar 2, 2010 READ MORE



AP / Chris Carlson

Ralph Nader Was Right About Barack Obama

The illegal wars and occupations, the largest transference of wealth upward in American history and the egregious assault on civil liberties, all begun under George W. Bush, raise only a flicker of tepid protest from liberals when propagated by the Democrats.

Posted on Mar 1, 2010 READ MORE


‘Rescuing’ Iceland

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Posted on Feb 26, 2010 READ MORE


Good Night, Financial Independence

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Posted on Feb 26, 2010 READ MORE


Health Care: Pass It or Perish

Now that Obama has finally put a health care proposal on the table, the Democratic leaders in Congress have only one rational course of action: pass the thing, and quickly, or risk their party becoming the loyal minority.

Posted on Feb 22, 2010 READ MORE



AP / Elise Amendola

Boycott FedEx

Now that unions have been broken, rapacious corporations like FedEx and toadies in Congress and the White House are turning workers into serfs.

Posted on Feb 22, 2010 READ MORE


Colin Powell

Colin Powell Stands by His Man

The former Joint Chiefs chairman and secretary of state says he has no regrets about endorsing Barack Obama and defends the president from his frenemy Dick Cheney.

Posted on Feb 22, 2010 READ MORE


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