Home » 2009 » February (Page 2)Posted by John Malloy on 02/21/2009
By Susan Bourette | Correspondent of The Christian Science Monitor For his first foreign visit as president, Barack Obama chose a country where no major banks have failed, home foreclosures pale by comparison with those in the United States, corporate and consumer debt is low, and citizens enjoy universal health care. Canada often gets [...]
02/21/2009Read More
This is not the New Depression, but we are on the way to discovering how the New Capitalism will operate argues economist Irwin Stelzer Students at Harvard’s John F Kennedy School of Government succeed as policymakers if they take away only one message: “Ask the wrong question, and you get a useless answer.” That [...]
02/21/2009Read More
BY LINDA LEATHERDALE Before visiting Canada yesterday, the new messiah for America, U.S. President Barack Obama was busy doling out more bailout money. And finally, after billions went to Wall Street, with bank brass treating themselves to fat-cat bonuses paid for by the taxpayer – some of the money is filtering down to Main [...]
02/21/2009Read More
TONY VAN ALPHEN BUSINESS REPORTER Reeling General Motors has significantly increased the amount it’s seeking as a lifeline from Canadian taxpayers to more than $6 billion. GM of Canada Ltd., at one time the country’s biggest industrial enterprise, submitted a survival plan to the federal and Ontario governments yesterday that asks for a lot [...]
02/20/2009Read More
Special thanks to Networker – David Breeland for sending this link… Google is officially denying widespread Internet rumors that its Google Earth software located the mythical sunken city of Atlantis off the coast of Africa. Either that, or Google is totally trying to hide something. Since I always appreciate a nice juicy conspiracy theory, I’m going [...]
02/20/2009Read More
When Hillary Clinton visits Beijing this week, her Chinese hosts will closely watch her body language and parse her every word. Her first trip here as the U.S. secretary of state comes in the shadow of the global financial crisis, the pressing North Korea nuclear issue and a warming planet. The U.S. Congress [...]
02/20/2009Read More
The US Special Inspector General for Iraq Reconstruction (SIGIR), the Army’s criminal Investigation Command and the Justice Department are investigating US soldiers and officials in the alleged misuse of a portion of the $125 billion initially sent to Iraq for reconstruction shortly after the fall of Saddam. Monday, The Independent‘s Iraq correspondent Patrick Cockburn reported the [...]
02/16/2009Read More
Electrocuted by higher bills, while Hydro One rakes in the dough: By LINDA LEATHERDALE Let me be clear: Profit is not a dirty word. But what is – is “profiteering” from an essential service paid for by the taxpayers, while struggling families lose jobs and can’t afford to pay the bills. Worse, for almost [...]
02/15/2009Read More
Thousands of villagers in rural Alaska are struggling to survive, forced to choose between keeping their families warm and keeping their stomachs full, residents say. Harvested nuts and berries, small game animals, and dried fish are the only things keeping some from starving. To get to the nearest store, Ann Strongheart and her husband, [...]
02/15/2009Read More
Upcoming Events Take a Look at Travel @ The Meaford Library Wednesday, February 25, 2009 1:00pm – 2:30pm Location: Meaford Public Library Board Room Join us this winter for travel talks, discussions, guest speaker presentations, and author talks. An opportunity to share your travel experiences and read some fun books that feature a [...]
02/14/2009Read More
General Motors Corp [GM-N], nearing a Tuesday deadline to present a viability plan to the U.S. government, is considering as one option a Chapter 11 bankruptcy filing that would create a new company, the Wall Street Journal said in its Saturday edition. “One plan includes a Chapter 11 filing that would assemble all of GM’s [...]
