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Unlike big-city bankers, Stan Wilmoth didn't make lots of dumb loans during the boom. After the crash, he accepted not a dime of taxpayer money for his bank. His salary is "substantially less" than the $1 million the former head of Merrill Lynch spent remodeling his office, he says. He credits his grandfather, a Protestant minister, with giving him "moral fiber." ...more
December 29, 2009
This holiday season, it's not surprising that one of Hollywood's biggest box office hits is the revival of Charles Dickens classic tale, "A Christmas Carol." This Victorian-era story of good versus greed still clearly strikes a chord with audiences watching Wall Street pay out million-dollar bonuses while Main Street struggles to make ends meet. The dynamic can be found in our nation's capital as well, with some policy-makers often too eager to play Santa to special interests, at the cost of protecting our public lands from such travesties as the 1872 Mining Law. ...more
December 25, 2009
It seems Congress is always able to surpass its previous level of either chicanery or stupidity. Either our representatives are making a wedding gift commemorating the unholy marriage between big money and big government or someone needs to hand it a sign saying "I'm Stupid!" ...more
November 7, 2009
Veterans Day 2009, "America's Shame," "No man left behind," shallow words indeed. ...more
October 29, 2009
History will record the third week of March 2009 as Outrage Week in Washington. ...more
March 23, 2009
AIG said Wednesday it is putting its downtown Manhattan headquarters and a nearby office building on the sales block. ...more
March 18, 2009
"It's hard to understand how derivative traders at AIG warranted any bonuses, much less $165 million in extra pay," President Obama said ...more
March 16, 2009
Time To Think Of Rail It has been mentioned for many years the inevitable would happen on Interstate 4 because it is too heavily traveled and, with weather anomalies, the accidents will occur. ...more
January 10, 2008
When gasoline prices first hit $3 a gallon in 2005, irate lawmakers quickly assembled top oil executives for a public grilling. ...more
November 14, 2007
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