Economist, James Galbraith, on bank stress tests The results of bank stress tests released this week, do not bear good news. The bottom line is that at total of $75 billion needs to be raised from 10 major banks to prop them up for losses that could come from a deepening recession. Here is a [...]
Ford Invests $550 Million to Build Small Cars and Electric Vehicles
May 9, 2009 By Leave a Comment
Kelly Blue Book Video Review of the Ford Focus Earlier this week, Ford announced that they are retooling their manufacturing facility in Michigan, which previously built SUVs, to now produce the small and fuel-efficient Ford Focus in 2010, and the battery-electric Ford Focus by 2011. With this investment of $550 million worth, Ford continues the [...]
The Executive Case for Social Innovation
May 7, 2009 By 2 Comments
Yesterday the White House announced President Obama’s 2010 request to Congress for $50 million to set up a Social Innovation Fund with the goal of identifying the most promising results-oriented non-profit programs in order to expand their reach throughout the country.
When a House Is Not a Home:The Homeownership Myth
May 6, 2009 By Leave a Comment
Geithner has produced a “cash for trash” scheme to buy “toxic” securities from mortgage bankers who are bulldozing foreclosures.
The story of St. Thomas 7-Hot Pepper Sauce. As told by the chickens who made it possible.
May 5, 2009 By 2 Comments
Which came first, the chicken or the egg? In the case of St. Thomas 7-Hot Pepper Sauce, it was definitely the chicken. Without the chicken, there wouldn’t be the fertilizer to grow the hot peppers to make the hot sauce that the sent kids from the St. Thomas projects in New Orleans Lower Garden District [...]
