Thursday, April 30, 2009

Thursday Thirteen
13 economic stories in today's headlines

Glancing through today's stories in the WSJ, we seeing that Obama's WAR (War against Recovery) continues with nary an objection from Congress or the Media. The other War, the one in Iraq, Bush's War, is also on the uptick, but that one is buried in the back pages because Obama's policies, promises, and apologies have emboldened the terrorists insurgents in Iraq, as well as Afghanistan and Pakistan, creating more civilian deaths and making the Middle East and America less safe.

1) Time Warner prepares to shed AOL
2) Chrysler nears bankruptcy
3) ArcelarMittal posts loss
4) As profit cools, Starbucks plans price campaign
5) Cessna to suspend new jet
6) Renault USA revenue slid 31%
7) Bayer AG earnings plummet 44%
8) German tire maker Continental AG reports loss
9) SAP AG's profit declines 16%
10) Flextronics Int'nl fell 28%
11) Google top exec departs
12) Time Warner cable posts 30% drop
13) FBI looks into losses at Freddie [this investigation began under Bush but will go no where because it will lead to Democrats in Congress]

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