The only threat the world has come up with to keep Iran from moving ahead with the nuclear arms effort is economic punishment. Usually this comes in one format, cut off their gasoline supplies. Iran, rich in oil, imports most of their gasoline. Too busy building bombs and waging war to build refineries. Remember the Read the full article…
Too big to fail is a new phrase that was introduced last year. AIG was too big to fail. GM and Chrysler were too big to fail. Bear Sterns was not. Lehman Bros. was not. Merrill Lynch and Morgan Stanley were not. The formula for deciding what constitutes where the line is drawn is hazy. Read the full article…
Last night on Saturday Night Live they finally did a parody on President Obama. No more Bush, Cheney, Palin, but finally Obama. The parody went like this. The actor who always plays Obama, spoke and said, he had done absolutely nothing in almost a year. Said he would close Gitmo in the first week, not Read the full article…