Government and Economy
UN Planning for Big Economic Changes
A UN document on "climate change" envisions trillions of dollars in wealth transfer, millions of job losses and gains, new taxes and tariffs, industrial relocations, subsidies and complex payments for greenhouse gas abatement schemes and carbon taxes—all under UN supervision. FoxNews.com
Consumer Spending Rises
Consumers increased spending for a second straight month in February even though their incomes slipped due to continuing massive layoffs. Associated Press
Management and Financial Issues
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Government and Economy
Obama: Freeze Estate Tax at 2009 Levels President-elect Barack Obama has proposed freezing the estate tax at 2009 levels to help cover tax cuts in low- and middle-income income brackets. The effect this will have on business is, however, debatable .
UAW Chief Happy White House, Treasury May Rescue DetroitUnited Auto Workers President Ron Gettelfinger said he's happy that the White House appears poised to step in and rescue the beleaguered auto industry, although he accused GOP senators who blocked emergency loans of trying to "pierce the heart" of organized labor.
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Politics and Government
Bush Warns Against Abandoning Capitalism
President George W. Bush met with leaders of the world's biggest economies, urging them not to abandon free- market capitalism as they seek an escape from the financial crisis, calling it the “best system” for delivering growth.
Paulson's Credibility Drops Again as Asset-Purchase Plan is Abandoned
Like many others who have served in President George W. Bush's administration -- among them former Secretary of State Colin Powell and former Treasury chief Paul O'Neill – Henry Paulson will leave office casting a smaller shadow than when he arrived.
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Politics and Government
Obama Ought to Look at the Effect of Entrepreneurial Immigrants According to U.S. News & World Report's Matt Bandyk, immigration will be an important small business issue for the next administration. Immigrants are 30% more likely to start businesses and they make up 16.7% of all new business owners in the country.
Democrats at Work to Tap Bailout for AutomakersWASHINGTON (AP) - Congressional Democrats are marshaling support for a rescue package to pump $25 billion in emergency loans to U.S. automakers in exchange for a government ownership stake in Detroit's car companies.
Economics and Labor Issues [Read Full Article]
