| Jan 9, 2013 | Economy / BusinessSometimes when I get a bill I don’t feel like paying it. But I do, because I’m a responsible adult. If I don’t pay my bills, I get in trouble. It’s true for a family and for a government. Republicans in Congress are creating another...
| | Economy / BusinessWho won the New Year’s Eve budget standoff? In one sense, everyone scored a “victory.” The deal that Congress eventually blessed includes scores of provisions. Most Americans can point to at least one that works to their financial favor. But the real...
| | Economy / BusinessHe did it. Unfortunately. Sadly. Disappointingly. President Barack Obama, reversing his own honorable precedent for his first inaugural, has chosen this time to have corporations pay for his second round of big shindigs. This multimillion-dollar infusion of corporate...
| Jan 2, 2013 | Economy / BusinessMillions of Americans watched the ball drop on New Year’s Eve. The glitzy one in Times Square symbolized joy and hope for the New Year. Just a few hundred miles to the south, Congress dropped another ball — one that no doubt sent champagne glasses clinking among...
| Dec 26, 2012 | Economy / BusinessMy favorite part of the budget negotiations is when a glum-looking John Boehner — backed by the vulpine Eric Cantor, eyes blazing — steps in from of the cameras and accuses Barack Obama of “not negotiating in good faith.” And he does it with a straight face....
| | Economy / BusinessWall Street financial hucksters can be downright satanic in their pursuit of killer profits, but here’s one that puts its hellishness right in its name: Cerberus Capital Management. In Greek mythology, “Cerberus” is the name of a 3-headed dog that...
