- Herman Cain profiled in ‘Political Power’ comic book
- Hagel renews Qatar defense pact despite differences over Iran, Syria
- Fire departments fear Obamacare will gut volunteer ranks
- Rep. Alan Grayson loses $18M in stock scheme
- Christmas secularists get 6-foot beer-can Festivus pole at Florida Statehouse
- George Zimmerman’s girlfriend flips on assault: Let ‘my boyfriend’ go
- Lululemon Athletica chairman quits after firestorm over his fat-thighs comment
- CBS’ beleaguered Lara Logan gets a cheerleader — Dan Rather
- Jesus tops list as most significant figure in history; Mohammed at 4th
- See a drone? ‘Shoot it down,’ says Colorado ordinance
GM bailout fuels fears of Europeanization
Nevertheless, the government’s large stake in some of the most troubled companies in the U.S. economy is unprecedented, including 80 percent of the global insurance giant AIG and home mortgage goliaths Fannie Mae and Freddie Mac, and 35 percent of GMAC, and critics fear they will be complicated by political considerations.
“I am quite concerned about the large government stakes in U.S. firms. Unwinding these stakes and avoiding temptation toward political interference will be difficult. In the case of the auto industry, more troubling is the bullying treatment of creditors,” said R. Glenn Hubbard, former chairman of the White House Council of Economic Advisers and now dean of Columbia Business School.
About the Author
By Tom Fitton
New photos confirm the attack's coordination and its cover-up
- American bourbon now better than Scottish whiskey: U.K.-born expert
- FITTON: A closer look at the Benghazi lie
- Chinese man fed up with his girlfriend's shopping jumps to his death
- Nevada rescuers frenzied to find 4 kids, 2 adults lost in snow
- Troops forced to rely on welfare, holiday charity
- Israeli P.M. Benjamin Netanyahu backs out of Nelson Mandela funeral
- Obama eulogizes Mandela, calls him 'the last great liberator'
- Obama shakes hands with Cuba's Raul Castro at Nelson Mandela's funeral
- EDITORIAL: Colorado ruling takes the cake
- Obama lied about Syrian chemical attack, 'cherry-picked' intelligence: report
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The pursuit of all that is joyous in travelling the globe is the essence of The Good Life, whether its Hawaii or the South of France.
Beaten down before, tyranny rises again, at home and abroad. America stands at the brink, as the world begins to burn. Awake to the dangers.
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White House pets gone wild!
Let it snow