Gulf Oil Leak and Halliburton
Net income increased to $480 million, or 53 cents a share, from $262 million, or 29 cents, a year earlier, Houston-based Halliburton said today The spill, triggered by an April 20 explosion aboard the Deepwater Horizon drilling rig, which Transocean Ltd. leased to London-based BP. Halliburton provided cementing services on the well BP was drilling. [...]
Worst Global Financial Crisis Since The 1930s
They are looking at ways to revive the world economy and at how to strengthen the financial system to prevent a repeat of the crisis in the future. Rifts exist between key players but signs are that an agreement is close. More demonstrations are expected after protests in London’s financial district on Wednesday. The summit [...]
AIG Misquoted Original Bailout Amount – More?
Connecticut’s attorney general says documents turned over to his office by American International Group Inc. shows the company paid out $218 million in bonuses, higher than the $165 million previously disclosed. Attorney General Richard Blumenthal’s office received the documents late Friday after issuing a subpoena. Blumenthal says the documents show that 73 people received at [...]
Waiting To Exhale
That’s how I feel about the United States economy. We have begun the test to fix whats broken, and its not just the US its the world that is feeling the same crunches we are. This reminds me of a move called ‘The Core‘. All the best minds are brought in to solve a problem [...]
Citizens Against Government Waste
Citizens Against Government Waste (CAGW) has named Sen. John Kerry (D-Mass.) Porker of the Month for his arrogant rationalization of why the American people cannot be trusted with their own money. On February 6, Sen. Kerry spoke on the Senate floor in support of the $787 billion economic stimulus package. In his speech he said, [...]
Economy Forces Efficient Energy Solutions
The stimulus contains a number of energy-related tax provisions. Among them is removal of dollar limitations on credits for certain small wind property, solar water heating and geothermal heat pumps credits. All would be eligible for an uncapped 30-percent credit. The legislation extends the tax credits for improvements to energy-efficient existing homes through 2010 and [...]
Ethics on Fourteen Welfare Babies
As we have all heard there has been a litter of eight new children in the world. A mother with already six children at home, decided she wanted another, went to a fertility clinic and was impregnated with eight embryos. Kaiser Permanente’s Bellflower Medical Center reports that all is well with the mother and children. [...]
Indiana expands unemployment
INDIANAPOLIS — The state will provide computers and training to libraries, churches and community organizations to help the unemployed apply for benefits. State officials said it could help reduce long lines at unemployment offices and cut down on the number of mistakes by people applying online. “We’re going work with all the faith-based and community-based [...]
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