ADVERTISEMENT
End Of An Era When the residents of Lexington fired on the British troops, there was no appreciation for the moment defining the nation's birth pangs. Yet it did. And when "the shot heard round the world" was iconized, that space and its many actors gained immortality. ...more
October 19, 2008
WASHINGTON - Less than a week after the federal government had to bail out American International Group Inc., the company sent executives on a $440,000 retreat to a posh California resort, lawmakers investigating the company's meltdown said Tuesday. ...more
October 7, 2008
The Crash of 2008, which is now wiping out trillions of dollars of our people's wealth, is, like the Crash of 1929, likely to mark the end of one era and the onset of another. ...more
September 23, 2008
Alarmed by the sharply eroding confidence in the nation's two largest mortgage finance companies, the Bush administration Sunday asked Congress to approve a sweeping rescue package that would give officials the power to inject billions of federal dollars into the beleaguered companies through investments and loans. ...more
July 14, 2008
Richard Allard of New Port Richey says we could save a lot of gasoline by ending Saturday mail deliveries by the U.S. Postal Service. ...more
June 14, 2008
Our country's national debt is in the trillions of dollars, most Americans are head-over-heels in personal debt, most have not saved anything for retirement - and yet, the government's answer is to reward us with a tax rebate to "stimulate" the economy. And they may have to borrow the rebate from China, adding to the national debt. ...more
February 3, 2008
A comment heard on the radio aroused a compelling response. The caller said that both parties contributed to the serious crisis facing the country today, and contributed to the enormous $9 trillion national debt, and severe Social Security, Medicare-Medicaid crises. It is ironic that the caller cited the last 40-50 years. Consider this. It took 200 years (1787 to 1980) for the national debt to reach $1 trillion. It took 27 years for it to balloon to $9 trillion (1980 to 2007). Ergo: $6 trillion (1980-1992); +$2 trillion (1992-2001); -$5 trillion (2001 to 2007). Total: $9 trillion. So, who was in charge during those years? Who caused the $7 trillion hit on the economy in 2000? Who provided the prescription drug bill that was to cost $400 billion, but ballooned to $1 trillion and caused health care cost to increase 10 to 15 percent each year? Who allowed the corporations to duck their obligations for pensions all across this country? Who sat by while the banks and mortgage corporations manipulated the hapless home buyers to sign those sub-prime mortgages? As an immediate first step to resolve the crisis, who bought $2 millions of those egregious loans, then reduced interest rates for the banks and mortgagors, but left those hapless mortgagees swinging in the wind? Who is being held accountable? Where are those trillions and trillions of dollars? The answers? Corporations and our government! ...more
February 2, 2008
Natural Impossibility It's one thing to throw a tub of letters randomly on the ground and have them spell out some words. It's quite another to have them result in a complete Shakespeare play! ...more
November 3, 2007
It's hard to know how scared to be if you don't know the size of the threat. No, not terrorism, housing. ...more
September 4, 2007
ADVERTISEMENT
Advertisement
TBO.com - Tampa Bay Online ©2009 Media General Communications Holdings, LLC. A Media General company. Member Agreement | Privacy Statement | Work With Us