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<p>"Some powerful interests who had been dominating the agenda in Washington for a very long time and they're not always happy with me. They talk about me like a dog. That's not in my prepared remarks, but it's true," he told a crowd largely consisting of union members.</p>

Published on Thursday 9th of September 2010 07:22:00 AM Read more...

The $5 trillion rollover Jun 29, 2010 13:30 EDT Banks around the world must refinance more than $5 trillion of debts in the coming three years, a massive rollover that poses threats to financial stability and growth. The need to replace these debts, which are medium and long term, will place pressure on bank profit spreads and in turn may either prompt deleveraging, where banks sell assets that they can no longer economically finance, or simply lead to a bout of credit rationing, where borrowers must pay more to borrow, thus crimping investment and economic growth. For banks in the...

Published on Thursday 9th of September 2010 07:22:00 AM Read more...

With todays cars and not many manual window cranks what do we do if we go in the water?

Published on Thursday 9th of September 2010 07:22:00 AM Read more...

The U.S. Lunatic Asylum (i.e., Economy) Is Facing Approximately $15 Trillion In Roll Risk By 2012 Submitted by Tyler Durden on 11/10/2009 15:06 -0500 Zero Hedge recently highlighted the developing risk in the government's outstanding Treasury portfolio, where nearly 40% of all issues mature within the year. As such the roll risk for the US government is massive, and even the smallest unexpected macro blip would make the rolling/refinancing of roughly $5 trillion in debt very problematic. Yet the US government is not alone in this quandary of how to keep T-Bill interest rates at record lows: an earlier report...

Published on Thursday 9th of September 2010 07:22:00 AM Read more...

A former attorney for Toyota has accused the automaker of illegally withholding evidence in hundreds of rollover death and injury cases, in a "ruthless conspiracy" to keep evidence "of its vehicles' structural shortcomings from becoming known." The explosive allegations are contained in a federal racketeering suit filed in Los Angeles by Dimitrios P. Biller, former managing counsel for Toyota Motor Sales, USA, Inc., who claims his complaints about the company's legal misconduct cost him his job.

Published on Thursday 9th of September 2010 07:22:00 AM Read more...

I would ask my fellow FReepers' indulgence with this naked vanity post. It's time we all realized something. Wall Street's plunge is not about GM, Chrysler, Citadel or any other individual company. It is not about any group of companies or any sector of the market. This is about Obama. It is the investor's realization that Obama does not have even most elemental set of skills to manage the economy. None of those around him have the skills, experience or wisdom either. Stop and think; if his advisors couldn't get their own taxes right.... or weren't smart enough to hide...

Published on Thursday 9th of September 2010 07:22:00 AM Read more...

November 26, 2008 Categories: Antics No "girly" dog for the Obamas Barbara Walters interviewed the Obamas, due to air tonight, and of course the topics of doggies came up. She, along with millions of Americans, actually sent Michelle Obama a picture of her beloved Havanese dog, Cha Cha Cha. (We're not kidding.) Here's the back and forth between Obama and Bawbwa: Obama: "Cha Cha?" Bawbwa: "It's short for Cha Cha Cha." O: "What is a Havanese?" B: "It's like a little terrier and they're non-allergenic and they're the sweetest dogs.." O: [Face suddenly changes.] "It's like a little yappy dog?"...

Published on Thursday 9th of September 2010 07:22:00 AM Read more...

SACRAMENTO, (AP) -- Ford Motor Co. on Wednesday agreed to settle class-action lawsuits covering plaintiffs in four states who claimed its Explorer sport utility vehicles were prone to rollovers, the company and an attorney for the plaintiffs said. The settlement applies to about 1 million people in California, Connecticut, Illinois and Texas, said Kevin P. Roddy, a New Jersey attorney and co-counsel for the SUV owners who brought the lawsuit. He said the settlement will be filed later Wednesday in Sacramento County Superior Court. It will allow vehicle owners to apply for $500 vouchers to buy new Explorers or $300...

Published on Thursday 9th of September 2010 07:22:00 AM Read more...

Federal regulators are expected to announce new stability control systems for vehicles, but critics say the rules fall far short of the protections carmakers are already installing. WASHINGTON (Reuters) -- The government is expected as early as this week to require that stability control systems be standard in new cars to help prevent rollover and other crashes, but safety groups worry the measure will not be tough enough. Safety interests and other industry sources expect the Transportation Department rule to require a remedy that does not even meet steps domestic and overseas automakers have already adopted, especially for a large...

Published on Thursday 9th of September 2010 07:22:00 AM Read more...

Town N Country, Florida – A woman is in stable condition after being ejected through the sunroof of her SUV during an accident. Thirty-seven-year-old Ruth Matthews told paramedics that another vehicle cut her off in traffic, and she took evasive action to avoid a crash. Her Isuzu Amigo rolled over and she was thrown through the sunroof and onto the roadway. Investigators say she was not wearing her seatbelt. Paramedics initially tried to fly Matthews to Tampa General Hospital, but her weight, estimated at 600 pounds, made it impossible. Emergency crews were able to transport her to St. Joseph’s Hospital,...

Published on Thursday 9th of September 2010 07:22:00 AM Read more...

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