Archive for bailout
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Through all the doom and gloom of the current financial-political-social-environmental situation, it’s still a little exciting to find ourselves at one of those rare historical moments when Old White Men’s firm grip on power is threatened. As banks collapse, financial firms go bankrupt and various industry leaders ask for hand-outs, there’s been plenty of accompanying [...]
As you’re undoubtedly well-aware, the current financial melt-down has the U.S. government propping up several of the world’s largest banks in hopes of maintaining some semblance of confidence in our economic system. Much of this disaster is bound to shaky real estate investments, but in the shuffle of discussions about foreclosures on private homes, we’re [...]
With so many public transportation networks on the edge of bankruptcy or about to enact astronomical fare hikes (or both), the effects of cost-cutting measures are becoming increasingly hard to conceal. The proof is in the pictures compiled by Gothamist of New York City Transit’s Top 10 Typos. The one at right really helped brighten [...]
Today was a big day for listocracy, as the U.S. Senate passed an amended version of a massive stimulus list approved by the House last month. Now that the Obama administration’s desperate pleas for the passing of this bill have succeeded, the House and Senate have to compare their lists, check them twice, and figure [...]
The Detroit Auto Show opened yesterday, offering a hint of what America’s auto industry might resemble in its very uncertain future. As The New York Times notes, Detroit’s Big 3 are finally facing the music and pushing a predominantly hybrid fleet this year. To our surprise, the Times piece questions whether consumers will be easily [...]
Those mainstream mediators at TIME have released their annual list of lists, and among the most fascinating is their hierarchy of time-capsule buzzwords. Their Top 10 Buzzwords listicle goes like so:
1. Change: The all-pervasive shorthand for Barack Obama’s campaign, uses of “change” in 2008 automatically assumed a time of hardship and a vague, knee-jerk optimism, [...]