If the US is to compete in a global economy, the education system has to be reformed. President Obama has hired Arne Duncan for the job. So far he has put forth only minor reforms in an attempt to appear to be doing something while not pissing off the teachers unions that are a major source of [...]
Do unions have a lot of influence on the Obama administration? Um, yeah:
The Federal Reserve chose a labor leader to succeed a former Goldman Sachs executive as the chairman of the Federal Reserve Board of New York’s private-sector board of directors.
Denis Hughes, president of the New York state branch of the AFL-CIO, had been serving [...]
The Fed has lost its Freedom of Information Act case concerning the identity of firms borrowing from the Fed:
Aug. 25 (Bloomberg) — The Federal Reserve must for the first time identify the companies in its emergency lending programs after losing a Freedom of Information Act lawsuit.
Manhattan Chief U.S. District Judge Loretta Preska ruled against the [...]
Was Cash for Clunkers a success? Depends on your perspective:
That is bad news for Bill Wiygul, whose family owns several automotive repair shops in northern Virginia, including Reston Automotive/Goodyear.
Starting with one repair shop on South Pickett Street in Alexandria in 1976, the family now runs four automotive centers, two in Alexandria and one each in [...]
