NY Times: “Dear A.I.G., I Quit!” The following is a letter sent on Tuesday by Jake DeSantis, an executive vice president of the American International Group’s financial products unit, to Edward M. Liddy, the chief executive of A.I.G. DEAR Mr. Liddy, It is with deep regret that I submit my notice of resignation from A.I.G. [...]
FOX: Obama Years Ago Helped Fund Carbon Program He Is Now Pushing Through Congress While on the board of a Chicago-based charity, Barack Obama helped fund a carbon trading exchange that will likely play a critical role in the cap-and-trade carbon reduction program he is now trying to push through Congress as president. By Ed [...]
EU presidency: US economic plans ‘a road to hell’ STRASBOURG, France – The president of the European Union slammed President Barack Obama’s plans to have the U.S. spend its way out of recession as “a road to hell,” underscoring European differences with Washington ahead of a crucial summit next week on fixing the world economy. [...]
Michelle Malkin: Maybe it’s just me, but I find federal legislation titled “The GIVE Act†and “The SERVE Act†downright creepy. Even more troubling: The $6 billion price tag on these bipartisan bills to expand government-funded national service efforts. Volunteerism is a wonderful thing, which is why millions of Americans do it every day without [...]
Bloomberg: U.K. Bond Auction Fails for First Time Since 2002 The U.K. failed to find enough buyers for 1.75 billion pounds ($2.55 billion) of bonds for the first time in almost seven years as debt investors repudiated Prime Minister Gordon Brown’s plan to stem the worst economic crisis in three decades. Gilts slumped after the [...]
Previous: China Calls For New Global Currency To Replace Dollar Politico: Geithner ‘open’ to China proposal by Bill Smith Geithner, at the Council on Foreign Relations, said the U.S. is “open” to a headline-grabbing proposal by the governor of the China’s central bank, which was widely reported as being a call for a new global [...]
WaPo: By Al Kamen The end of the Global War on Terror — or at least the use of that phrase — has been codified at the Pentagon. Reports that the phrase was being retired have been circulating for some time amongst senior administration officials, and this morning speechwriters and other staff were notified via [...]
Heritage Foundation: Bush Deficit vs. Obama Deficit in Pictures President Barack Obama has repeatedly claimed that his budget would cut the deficit by half by the end of his term. But as Heritage analyst Brian Riedl has pointed out, given that Obama has already helped quadruple the deficit with his stimulus package, pledging to halve [...]
