Let’s review America’s financial and economic mayhem: Financial institutions have written off $150 billion in losses and some analysts claim there could be up to $350 billion more. Year-to-Date market returns have been dismal. The Dow is down 7.79 percent, S&P -9.38 percent, Nasdaq -14.19 percent. The Index of Leading Economic Indicators which was -0.2% [...]
Archive for January 2008
Spitzer in Wonderland, Part II – By George J. Marlin
January 27, 2008On the Death Penalty – By George J. Marlin
January 20, 2008The political tide appears to be running against the death penalty. The New York Times reported that “for the first time in modern history of the death penalty, 60 percent of all American executions took place in Texas.” New Jersey abolished the death penalty in December 2007; Connecticut’s Superior Court is contemplating if the death [...]
Spitzer in Wonderland: The 2008 State of the State Address – By George J. Marlin
January 13, 2008New York State is on the edge of an economic abyss. Citibank, which will write-off about $18 billion, has announced it will lay off over 30,000 employees – most of whom work in New York. Merrill Lynch, anticipating losses to top $15 billion, is turning to China and the Middle East to raise the capital [...]
Governor Spitzer and Mayor Bloomberg: New Year Observations – By George J. Marlin
January 6, 20081) Is Governor Spitzer the kiss of death? He certainly appears to be. Take the stalled Clinton presidential juggernaut. Hillary was riding high in the polls and was the inevitable nominee until Spitzer unveiled his misguided plan to give drivers licenses to undocumented immigrants. Mrs. Clinton’s campaign imploded after she delivered her Kerryesque “I was [...]
