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Archive for November, 2008

Obama Still Doesn’t Get Economics

Get this… No bonus for Wall St execs PRESIDENT-ELECT Barack Obama has chastised US auto executives for being ‘tone deaf’ for flying on corporate jets to Washington to beg for bailout money, and said he believed bank executives should forgo their end-of-year bonuses. … Bank executives forgoing bonuses is ‘an example of taking responsibility,’ Mr [...]

Obama Economic Stimulus Plan

Another plan is on the table maybe: Obama Eyes $500 Billion in Stimulus; Paulson Weighs Ramping Up Aid Again Mr. Obama’s team is putting together a new economic stimulus plan containing more than $500 billion in federal spending and tax cuts over the next two years, Obama aides and advisers said. That package would be [...]