Terror in Times Square
Posted in Main Blog (All Posts) on May 4th, 2010 4:31 am by HL
Tory Lessons For Republicans
E.J. Dionne, Washington Post
WASHINGTON — “There's something else you need to know about me,” declared the earnest young politician, “which is I believe the test of a good and strong society is how we look after the most vulnerable, the most frail and the poorest.”This lovely bleeding-heart liberal sentiment was part of the closing statement offered by David Cameron, the leader of Britain's Conservative Party at last week's final debate before this Thursday's election. And after a rocky campaign start, Cameron now leads in the polls and may well become the next prime…
Rebalancing the Economy
Robert Samuelson, Newsweek
WASHINGTON — This just in: Caterpillar — the maker of earth-moving equipment, including bulldozers and monster mining trucks — reported first-quarter profits of 55 cents a share, up from a loss of 19 cents a year earlier. More important, the improvement stemmed heavily from much higher demand from developing countries. Although machinery sales dropped in North America and Europe, they rose 40 percent in Asia and 7 percent in Latin America. With more exports, Caterpillar is hiring again. The U.S. job increase, though only 600, contrasts pleasantly with the roughly 10,000 layoffs since late…
Democrats Fire Up Populist Pitch for Midterms
Experts Say Senate Financial Bill is Misguided
Appelbaum & Chan, NYT
As Democrats close in on their goal of overhauling the nation’s financial regulations, several prominent experts say that the legislation does not even address the right problems, leaving the financial system vulnerable to another major crisis.Some point to specific issues left largely untouched, like the instability of capital markets that provide money for lenders, or the government’s role in the housing market, including the future of the housing finance companies Fannie Mae and Freddie Mac.
