TRANSFER OF A PERCENTAGE OF PROFITS. DEPOSITS. Not less than 20 percent of any profit realized on the sale of each troubled asset purchased under this Act shall be deposited as provided in paragraph (2). USE OF DEPOSITS. Of the amount … [Read more...]

There has been the oft quoted 30 to 1 disapproval from the public regarding the $700 Billion bailout. The only hope I saw was the market falling 700 points in one day yesterday. This had to finally get the attention of John T Public. … [Read more...]

So, why didn't they do anything about it? Who knows but my guess is that many people, even those in power, take the attitude that they won't do anything until they really are FORCED to do something. The problem with this approach of course … [Read more...]

Harvard is holding a webcast at 4:00 today... Understanding the Crisis in the Markets: A Panel of Harvard Experts September 25, 2008 Dear alumni and friends, I invite you to join us Thursday, September 25, for a live webcast of a special … [Read more...]

The Boston Globe story today states that Gov Patrick has stood up to the unions concerning the "civilian flaggers". Governor Deval Patrick has toughened his new rules on police details at road construction sites, outmaneuvering local police … [Read more...]

The "Republican controlled" Congress has been blamed for everything bad in this world. Since 2006 the Democrats have controlled both houses of Congress. When I have criticized this Congress the responses have typically been... "They have … [Read more...]

I'm sure both parties do these events but my question is... How does the money raised from these events get to the candidates legally? I know there are limits on how much an individual can give and also a corporation, so how does all the … [Read more...]

Joe Biden needs to think before he opens his mouth or "walk-the-walk". First, an interesesting fact came out when Joe released his income filings... Democratic vice presidential nominee Sen. Joe Biden released 10 years of tax returns … [Read more...]

I guess he's not the only one. Words from the chosen one... I think that the surge has succeeded in ways that nobody anticipated," Obama said while refusing to retract his initial opposition to the surge. "I've already said it's succeeded … [Read more...]

Last week I commented about how it's a surprise to me that Democrats aren't against illegal immigrants and Republicans aren't in favor of it. I said this because most Republicans aren't going to lose their job to an illegal immigrant, … [Read more...]