The Cheddar Path | A blog about economics, politics and personal finance
Numbers
From Left Business Observer:
GDP of Haiti: $8.5 billion.
Goldman Sachs bonus pool: $20 billion.
Iraq Oil
Interesting news from Doug Henwood, over at Left Business Observer:
“[Eariler this month] the Iraqi government awarded Exxon Mobil and Royal Dutch Shell the right to develop a large field in the southern part of the country. Earlier in the week, the government awarded contracts to BP, China National Petroleum, Eni (the Italian firm), and Occidental. [...]
Credit Card Ridiculousness 2009
Earlier this year, Congress passed the Credit Card Accountability, Responsibility and Disclosure Act in an effort to protect consumers from the oftentimes predatory actions of the credit card corporations. In retaliation, it looks like these corporations are going to start rail-roading their customers even more than they already have. Citibank is going to increase some [...]
Pennsylvania: First Single-Payer Health Care State?
“It wasn’t LBJ who brought civil rights to the United States. It was organized people being persistent in their demands. It was not Woodrow Wilson who gave women the right to vote. It was women demanding the right to vote that gave them the right to vote. And it will not be President Obama that [...]