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Even if the $700 billion is spent efficiently on buying up toxic assets, though, it may not be sufficient. The Treasury may yet go back to Congress begging for additional dollars from a new administration if the initial allowance doesn't yield sufficient liquidity. And having fewer junky assets on...
Where has the government been? Remember Ronald Reagan's mantra: Regulation is bad. The Reagan, Bush I and Bush II administrations believed in three main things: deregulation, tax cuts that provide little relief for most Americans and government subsidies for huge corporations. John McCain now has a "comprehensive" plan...
A homemade movie by the brothers Alex and Stephen Kendrick, who are ministers of a church in Albany, Georgia, Fireproof finished a surprisingly high fourth in box office receipts on its initial weekend, earning about $7 million. With their coup, the Kendricks beat out a movie by a slightly more...
By APRIL M. VAN BURENCONTRIBUTING WRITERYou know that moment in a movie, a play, or a TV show where the sexual tension between the two main characters finally explodes in a tumult of fiery passion? The defining moment where a pair of lovers finally embrace and let their feelings take...
All this posturing comes as the candidates face only two remaining major events before Election Day: a presidential debate Tuesday in Tennessee and a joint forum on Oct. 15 in New York. In the meantime, no matter what the poll numbers show, campaign aides like DuHaime will be forced to...