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talkingpointsmemo.com - 3/30/2009
Big Trouble
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The more I look at these investment decisions of Pension Benefit Guaranty Corporation and former Lehman exec Charles Millard the more my suspicion grows that some very bad happened here. There's no question that something happened very bad for the pensioners who were relying on this fund. But ...
realclearpolitics.com - 3/28/2009
Big Bedfellows: Big Government, Big Business
— realclearpolitics.com — Maybe we have it all backwards. Here's the basic story President Obama wants to tell. The last... eight years were an economic disaster because President Bush and the Republicans ignored necessary government regulations and "investments." The economic ... (more) Big Bedfellows: Big Government, Big Business

Comments vote down Classical Values found this 3/28/2009found this
rasmussenreports.com - 3/29/2009
Just 14% Say Federal Government Will Run Big Three Better
— rasmussenreports.com — Congress and the White House are fast reaching a deal on a bailout plan for the Big... Three that many suggest is just a step short of nationalizing the U.S. auto industry since it gives the federal government a say in how the automakers spend their ... (more) Just 14% Say Federal Government Will Run Big Three Better

Comments vote down Say Anything found this 3/29/2009found this

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Political Animal:  Pension Guarantee Money Set Ablaze On Wall Street

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Pension Guarantee Money Set Ablaze On Wall Street
Political Animal — ... and right on the money. A finance professor who had previously advised the agency not to make the switch away from bonds compared the move to an insurance company writing policies to cover hurricane damage and then investing the premiums in beachfront property. Bush was able to do for the PBGC what he tried and failed to do for Social Security. Josh Marshall concurs . These were Bush Administration officials who, in the wake of losing their battle to privatize Social Security, had this big pot of money - close to $64 billion - that they sunk into stocks, providing more money ...

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