Posted by
Bob B on Thursday, March 19, 2009 5:36:47 PM
DAILY HEADLINES and HIGHLIGHTS
3/19/09
FNM to pay bonuses also
The
Washington Post reports that Fannie Mae plans to pay four top executives $1 million or more in retention bonuses. The Post helpfully explains that a fifth of this money was paid in 2008. The four Fannie Mae executives will receive about 60 percent of the remaining funds this year and, depending on performance, as much as 40 percent next year.
AIG – The other view
The
Washington Post reports that Fannie Mae plans to pay four top executives $1 million or more in retention bonuses. The Post explains that a fifth of this money was paid in 2008. The four Fannie Mae executives will receive about 60 percent of the remaining funds this year and, depending on performance, as much as 40 percent next year.
US of A and E ?
The views of
Charles Murray and
David Brooks on the all-important question of whether the United States soon will become very much like Europe. Murray, in an address to the American Enterprise Institute, argued that there exists the real possibility that irreversible damage will be done to the American project over the next few years. Brooks, in a New York Times column, argued that America 's cultural DNA ensures that we will never be Europe, but rather will remain a vibrant commercial republic.
Connecticut’s Dodd changes story
From knowing nothing about language in his amendment to protect AIG executive bonuses to having put the bonus protection measure in specifically under pressure from the Treasury Dept.
http://www.powerlineblog.com/archives/2009/03/023107.php
Follow the links if you want to see the CNN interview video.
Stimulus bill earmark of the day
$935,000 to pasteurize eggs. Sen. Debbie Stabenow (D) MI
Do egg processors really need government assistance to pasteurize eggs ?
Aren't they doing it already?
Where's the stimulus?
Daily Question
Obama, Emmanuel and Pelosi have all said they do not want this financial crisis to go to waste. The Right interprets this to mean we (the Left) have an opportunity to exploit the crisis to legislate our agenda in the apple pie name of stimulus. I ask those on the Left, how do you interpret the idea that it would be a shame to let a crisis go to waste ?