Hillary as SoS: "Women’s rights and empowerment... key to the foreign policy of this administration"
Meant to flag this a couple of days ago, but it's still great. Obama's Secretary of State, Hillary Clinton:
“Reproductive rights and the umbrella issue of women’s rights and empowerment will be a key to the foreign policy of this administration,” Clinton said in Houston, where she received the Margaret Sanger Award from the Planned Parenthood Federation of America. The award is named after an early 20th- century activist for birth control.Read below the fold...
NPR reports GM's Wagoner to resign, no successor as yet; NPR sees as part of Obama admin being tough on automakers
Update, 6:32pm: ABC News reports Obama asked that Wagoner step down. "Request by White House," exact wording.
NYTimes has article; there are numerous other reports on this.
This may be an interesting comparison with how the administration treats heads of failed and floundering banks and how it treats heads of companies which actually make things (and have unions).
I feel the US automakers' management did not prepare for necessary changes, but, again, the comparison is with financial institutions which have brough the economy to brink and how their managment has been treated in general. Like being on the inside of major negotiations and decisions with the administration.... Read below the fold...
Today, Ian Welsh looks at several steps which would help get us through the Big Meltdown and make for better business and social conditons afterwards, but he doesn't hold out a lot of hope they will be enacted by the Obama administration.
It's Sunday and time for another book review/recommendation post. I apologize to the east coaster who have to wait for this West Coaster to post. So it goes.
What are you reading right now? What do you want to read? What are some books that were recommended to you that you probably wouldn't have read otherwise? Read below the fold...
[Welcome Industry Radar readers! -- lambert]
The banality of evil, expressed in sales manuals:
Trying to buy health insurance on your own and have gallstones? You'll automatically be denied coverage. Rheumatoid arthritis? Automatic denial. Severe acne? Probably denied. Do you take metformin, a popular drug for diabetes? Denied. Use the anti-clotting drug Plavix or Seroquel, prescribed for anti-psychotic or sleep problems? Forget about it.
This confidential information on some insurers' practices is available on the Web -- if you know where to look.Read below the fold...
Oy. Watch for the unsourced and anonymous stuff. That's where they're planting the talking points for future smears.
NOTE The headline is, of course, a riff on Arthur's famous post, It's Called the Ruling Class Because It Rules.
Unemployment, suspect subprime lending, business failures and medical disasters cause way too many families to lose their homes. Losing homes and failing to pay mortgage installments on time will push such families' credit rating over the edge into the abyss of of new world outcasts.
The credit rating companies are feelingness automatons who follow the rules/laws to the letter. They make no distinction between the hard working and the bums, between this depression's victims and run of the mill irresponsible individuals. Read below the fold...