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Adding to the alarming number of last-minute regulatory changes, the Bush administration is now shafting farm workers by weakening the agricultural guest worker program: The new H-2A visa rules, which take effect in January, revise the way wages are calculated
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Today, the Knoxville News Sentinel ran a press release (cleverly disguised as a news story) on the excessive and outlandish pay of TVA's superfluous CEO. The agency is trying to spin Tom Kilgore's $3.27 million pay package as "conservative" compared to
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The proposed bailout of GM, Chrysler, and Ford failed in the Senate tonight. Since the Republicans would have filibustered a straight bailout of the Big Three, the Senate needed 60 votes to pass a bill. The only compromise from the GOP was offered by
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Well, color me surprised : Bank of America Corp will sharply cut lending to coal mining companies that take the tops off mountains, following pressure from groups that call the practice an environmental hazard. The move by the top U.S. bank represents
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With GM facing imminent failure, Congress is debating another bailout of a US corporation once considered "too big to fail." I agree with Sen. Bernie Sanders , who said that "too big to fail" means "too big to be allowed to exist in the first place."
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The International Energy Agency has published an updated forecast of the world's energy consumption and the current trajectory of our changing climate, and the outlook isn't very optimistic. The usually staid organization opens its World Energy Outlook
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In the wake of numerous cases of poisonous Chinese goods making their way onto store shelves (including toxic pet food sold in the US), the FDA has decided to initiate what it hopes will be perceived as a bold step : Under fire for not having the resources
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Over the last couple of months, we've seen a $700 billion bailout of the financial sector, the nationalization of AIG, Fannie Mae, and Freddie Mac, pleas for a bailout of the US auto industry, and emergency FDIC guarantees for everything from money market
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In the middle of a tanking economy and increasing global financial instability, TVA's President and CEO just got a $500,000 raise : Meeting in Nashville, [TVA] board members approved improving President and CEO Tom Kilgore’s compensation from about $2.7
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On Capitol Hill yesterday, Alan Greenspan came as close as he ever will to admitting that his brand of goofball libertarianism was a total failure as a guiding market philosophy: A long-time cheerleader for deregulation, Greenspan admitted to a congressional
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