Author: HughS

Yesterday I wrote about the outrageous bank bailout plan that Treasury Secretary Tim Geithner will propose to Congress. As the details of the plan continue to be analyzed by …

Treasury Secretary Timothy Geithner's plan to fix the bank problem is coming into focus this weekend. Based on initial reports it appears the Obama administration is going to attempt …

As Michael noted yesterday the House passed Speaker Pelosi's targeted tax increase on AIG (and other TARP funded) bonus recipients. Regrettably, almost half of the Republicans in the chamber …

The economic recession has claimed another high profile casualty as The Greenbrier announced today that the luxury resort has filed for bankruptcy protection. The news of another hotel bankruptcy …

Now that Senator Chris Dodd (D- Countrywide) has admitted to amending the stimulus legislation so that the AIG bonus payments could be made House Speaker Nancy Pelosi is adding …

The political debacle that is now AIG threatens to force Democrats to do something they haven't had to do in years: govern and live with the consequences of their …

The White House is having a hard time managing the message today. Trying to deflect press corps questions on the AIG mess and what President Obama knew and when …

Congress and President Obama find themselves in a cold sweat frenzy over the AIG bonus payments that hit the airwaves Sunday night (although Congress knew about them long before …

Senator Charles Grassley (R-IA) has recommended that the now infamous AIG bonus recipients follow the Japanese example, and resign or commit suicide: "I suggest, you know, obviously, maybe they …

In what is quickly becoming the most cynical presidency in decades the Obama administration has signaled that it is changing its position on taxing employee health benefits, a campaign …