Stayed with some friends in Detroit on the drive back from vacation and was lucky enough to catch sight of the new four door Porsche Panamera in someone's driveway. The car had Cali tags so may have been part of a long drive test run. Good looking car.
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With so much talk about the town hall meetings and the quality of the health care debate, this story on Politico this morning caught my eye:
Faced with a souring public mood on health care reform, and the Democrats and their supporters are launching a national grassroots push Wednesday to show lawmakers that the majority of Americans still support overhauling the system.
Regardless that the ... read more
Came across this interesting survey and chart from Gallup this morning:
Nearly half of self-employed Americans (49%) report working more than 44 hours in a typical work week, compared to 39% of American workers overall, 38% in government and in private business, and 30% in nonprofit organizations. More than half of government workers (55%) work a traditional 35- to 44-hour work week, making ... read more
FYI - If anyone cares I am off to the beautiful upper pennisula of Michigan for a week ... back on Monday the 31st.
Stories I'm reading this Friday:
Home sales data, oil spark stock rally
Not shocking ... government jobs on the rise as the private sector falls
AIG trading on a "price per interview" metric?
Another big loss for Chrysler
Some free summer reading from James ... read more
That $8,000 tax credit for first time home buyers may be working. Existing home sales last month surged 7.2%, one of the biggest month-over-month jumps in years. The annualized pace of sales is now 5.24 million homes, the highest in two years and much more than the average estimate of economists.
As our chart indicates, home sales are still well below the peak of a few years ago, but ... read more
Liz Mac's discussion of the threatening letter two congressmen sent to health insurance companies asking for (already public) information about executive compensation, company retreats, etc made me think about this supposed pirate saying about improving morale:
Since no health care executive is anywhere near being one of the top 10 paid CEOs. #10 comes in at a cool $71 milllion vs. ... read more
Free speech not only isn't free, it may end up proving pricey for Whole Foods Market.
CEO John Mackey, once considered a more kind and gentle example of the 'new' corporate model (bizarre alter-ego blog posting bashing a rival aside), is under personal and professional attack for doing nothing more than expressing his views about health care reform in a recent op/ed in the Wall Street ... read more
Interesting interview with the head of Sac-Osage Hospital tiny Osceola, Missouri.
Jeff Speaks details how they are underpaid vs. costs by about 7% by Medicare and Medicaid.
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Brian Sullivan joined FOX Business Network (FBN) in April 2008 as an anchor. He co-anchors the 10am-12pm ET hours of the FOX Business block.
Prior to joining FBN, Sullivan served as an anchor for Bloomberg Television where he hosted the programs Morning Call and In Focus.
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August 31, 2009 09:58 AM EDT
Monday Stories: Frank On The Fed; Cerberus Raising Cash; That's A Big House
Back from Michigan. The Upper Peninsula truly is an underrated gem. Stories I'm reading this Monday: Frank wants more info from the Fed U.S. seeing a profit from bank bailouts China falls again Lehman claims could reach $100 billion The quiet voices of the uninsured Angelo Mozilo: villain or just vilified? Former Chrysler owner Cerberus raising ... read more
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