Mr. Obama is picking his team including Mr. Rabm Emanuel as Chief of Staff. Challeges mount — from Russia, Afghanistan, and Democratic leadership in Congress.
Business
His choice of business-friendly advisers suggests Democrats will go slow on controversial labor and regulatory issues.
Health Insurance
Health Insurers are expecting to benefit from expanded federal programs to cover low-income children [...]
Archive for November, 2008
The Wall Street Journal, November 6, 2008
Posted in Summary on November 8, 2008 | Leave a Comment »
The Wall Street Journal, November 5, 2008
Posted in Summary on November 8, 2008 | Leave a Comment »
Sen. Barack Obama was elected the U.S.’s 44th president and the nation’s first African-American president. Democrats control both House and Senate by wide margins, and will probably co-opt one or two Republicans in the Senate to control the 60 seats necessary to overcome the threat of a filibuster.
The rest of today’s issue discusses other election [...]
The Wall Street Journal, November 4, 2008
Posted in Summary on November 8, 2008 | Leave a Comment »
Myths about the Great Depression
Herbert Hoover was a doctrinaire, laissez-faire, look-the-other-way Republican who clung to the idea that markets were basically self-correcting. No. Far from a free-market idealist, Hoover was an ardent believer in government intervention to support incomes and employment. FDR didn’t reverse course. He went further down the path that Hoover had blazed. [...]
The Wall Street Journal, November 3, 2008
Posted in Summary on November 8, 2008 | Leave a Comment »
Another almost-election-day issue. Last minute articles by both Obama and McCain.
The Wall Street Journal, November 1-2, 2008
Posted in Summary on November 8, 2008 | Leave a Comment »
The last weekend before the election, and not surprisingly, the emphasis is on politics: An interview with Palin, and an opinion piece discounting the expected Obama win, “This election is not a mandate for Democratic policies. Rather, it is a wholesale rejection of the policies of George W. Bush, Republicans, and to a lesser [...]
The Wall Street Journal, October 31, 2008
Posted in Summary on November 8, 2008 | Leave a Comment »
Executive Pay
Banks owe executives billions in deferred pay and pensions. The estimated debt to executives for Goldman Sachs, J.P. Morgan, Citigroup, and Bank of America is $11.8, $8.2, $5.0, and $1.3 billion, respectively. Compare this to the capital injected into each bank of $10, $25, $25, and $25 billion, respectively. These obligations should be material [...]
The Wall Street Journal, October 30, 2008
Posted in Summary on November 8, 2008 | Leave a Comment »
Nothing catches my eye.
The Wall Street Journal, October 29, 2008
Posted in Summary on November 8, 2008 | Leave a Comment »
Nothing catches my eye.
The Wall Street Journal, October 28, 2008
Posted in Summary on November 8, 2008 | Leave a Comment »
Gitmo
Even though the U.S. wants to transfer Guantanamo detainees to other countries, it has concerns that dangerous prisoners will either be freed or be treated inhumanly. An estimated 255 detainees are still held there (down from 780 in 2003).
Blu-Ray
Blu-Ray has yet to catch on with American consumers, and manufacturers and retailers want to boost adoption [...]
The Wall Street Journal, October 27, 2008
Posted in Summary on November 8, 2008 | 1 Comment »
U.S. Automakers
Without a merger and possibly an assist from the federal government, two of Detroit’s automakers could run out of cash within a year. It could set off a chain reaction across the U.S. auto industry, choking off parts supplies to healthier Asian and European car makers and also leaving the federal government to make [...]
