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The New York Times: Why Can’t Cerberus Foot the Bill?
When General Motors and Chrysler asked Washington for more money last week they took very different approaches. In exchange for an extra $17 billion from taxpayers — on top of the $13 billion it had gotten since December — G.M. said it would reduce costs by shuttering plants, cutting brands and ...
Editorial: The Never-Ending Bailout
nytimes.com — The A.I.G. bailouts fail the basic test of transparency: Who ends up with the money? >... (more) Editorial: The Never-Ending Bailout
EDITORIAL: Porn corrupts America
washingtontimes.com — By: Cobra It's up the the business to "regulate" the behavior of their employees. If the businesses... wants to stop their employees from watching porn while at work, they are able to do so by issuing a policy against it, just like they did at my ... (more) EDITORIAL: Porn corrupts America
Editorial - President Obama’s Budget - Progress on Health Care
nytimes.com — Mr. Obama’s budget plan makes a bold and long overdue commitment to overhaul the dysfunctional and far-too-costly... American health care system. The plan will not guarantee affordable health coverage for all Americans, the ultimate goal, and it contains ... (more) Editorial - President Obama’s Budget - Progress ...
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Santelli, Cerberus And Nationalization
TalkLeft — ... ), Rick Santelli, acted a fool the other day, ranting against help to homeowners in distress (WH spokesman Robert Gibbs rightly dismssed Santelli as someone "who does not know what he is talking about." But today, the NYTimes has an editorial that touches the actual issue with a needle. The editorial asks: ...

Inside the box
The Sideshow — ... a good question in a New York Times editorial: "If Chrysler is really on track for a turnaround and all it needs is some financing to get over a bad patch in sales and debt markets, why doesn't Cerberus Capital Management, which owns 80 percent of the company, put up the money itself? Why should taxpayers have to take the risk? That's what private equity funds like Cerberus are supposed to do. . . . It seems the secretive private-equity fund is willing to gamble on Chrysler's survival with the taxpayer's dime, but not its own." ...

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