AIG backs down, won’t sue the government

Apparently the Board of Directors at AIG looked at the bigger picture down the road and saw the proverbial “Scarlet G”  (for greed) that would have marked their brand for a very long time. Politico That didn’t take long. In the face of furious criticism from Washington and elsewhere, American International Group’s board of directors… More AIG backs down, won’t sue the government

The week in one-liners: T-Paw, Michelle, Cleaver

The top political quotes this week … “I’m going to defeat it.”— GOP presidential candidate Tim Pawlenty on what he’s going to do to Washington. “I just feel bad the president has to stay there.” — Outgoing White House economic adviser Austan Goolsbee on leaving D.C. “…he’s earning every last one of those gray hairs.” — First lady Michelle Obama writing… More The week in one-liners: T-Paw, Michelle, Cleaver

Extending Bush Tax cuts Adds $700 Billion to Deficit

Yep, $700 billion additional dollars to the deficit!  The White House has released a very easy and simple explanation about the tax cut fight in congress. Remember, the Republicans will not even discuss the tax cuts for small businesses unless the Dems include the Bush tax cuts for the rich in their plan… Related Articles… More Extending Bush Tax cuts Adds $700 Billion to Deficit