"A republic, if you can keep it." Vegas, taxes.
"A republic, if you can keep it." Vegas, taxes.
Bond rating agency Fitch just downgraded $37.2 billion of toxic glop CDOs from highest rank AAA to junk, the lowest grade. This led a commenter to say Collateralized Debt Obligations should be renamed Cannonballized Debt Obligations. In related news, E-Trade…
And The Band Played Waltzing Matilda (the hospital ship returns to Australia during WWI) So they collected the cripples, the wounded, the maimed And they shipped us back home to Australia The armless, the legless, the blind, the insane Those…
Hydrail technology – electric railway propulsion using onboard hydrogen fuel cells – is poised to replace both diesel electric locomotives and trains powered by track electrification. It will happen much faster than it took diesels to supplant steam locomotives. Wow.…
General Motors wrote off $39 billion last week in tax credits against future earnings. Since there is no deadline on when the tax credit could be used, then the jarring implication is that GM never expects to make that much…
Excellent overview of the choices now facing the Respect Party, sans any SWP influence. Choices: Form a real Left party or get subsumed by monied interests and lose relevance.