Lukasz

GM's (GM) ex-CEO Rick Wagoner is a scapegoat, Ed Wallace says. "In reality, Detroit is actually one of the victims of the financial mess. Terminating Wagoner... makes exactly as much sense as shooting the witness to a murder and saying the crime has been avenged."

victim? lol! that guy was clueless when it comes to managing GM! GM lost 80 billions when he was in charge, so I say it's about time!

Rep. Gary Ackerman introduces legislation to provide some tax relief for investors who lost money with Madoff.

Say What?!
How about some tax relief for middle class Americans, those rich enough should know about the risks involves with investing into stock market...
What is that Ackerman smoking??? Now he wants to bail those Madoff's out????

Will Berkshire Lose Its Triple-A?

why can we just get a federal income tax refund for 2008 that would do. People will spend some cash, some will use their credit cards, banks will charge a fee, and we all would get the money back from the gov in the spring of 2009.

GM: Charging Forward with the Volt?

it's a game GM is playing with gov. If they can't get the loan, they won't produce the Volt... and so on.

Recession? I've Got a Solution

I have a better fix. How about making companies to give their employees raises in exchange for a tax cut. Not just a tax cut like we used to see from the gov. Give people 10% raise in exchange for 10% tax break. People will have more money, they'll spend it more often. Economy will grow and everyone will be happy! As simple as this.