I’ve been thinking a lot about the auto bailout lately (read my post on the House passage over at PR Watch), and the GOP in particular has me confused. Senate Republicans have made incredible tactical and strategic errors in killing the proposed auto bailout. This is why:
The proposal called for the government to provide $14 [...]

So, looks like the job-cuts aren’t limited to SW New Mexico: Freeport McMoRan is cutting 20% of its U.S. workforce as it moves to reduce production across the board. The Daily Press also has a bit more on the local cuts this afternoon. In addition, looks like the AP expanded its coverage as well, with [...]

While reading this The Hill article on the Senate’s efforts to pass a broader economic stimulus package, I was surprised to see Sen. Pete Domenici listed as one of the Republicans voting for cloture. Then, I remembered that energy efficiency tax credits were part of the package (more here at TAPPED) . Domenici, if you [...]

It’s not really my game anymore, but is anybody checking to see if New Mexico has this problem:
School districts, towns and cities across Florida were cut off from their money after the State Board of Administration, manager of the Local Government Investment Pool, halted withdrawals Nov. 29 to stem a run on the fund. [...]

Via Jalopnik (via Consumerist):
The Marathon station on Fort near Springwells dropped its price to $2.93. That angered Jawad Bazzi, whose regular gas was priced at $2.96.
Bazzi walked across the street with a couple of employees to confront the Marathon owner and his posse.
The groups argued, then began throwing punches. One of Bazzi’s employees hit a [...]

One of the things I love about blogs is how readily you can put together different sources of information to reinforce a central theme. Case in point: the housing bubble. I’ve blogged about it before, but with the Fed’s rate cut yesterday it’s getting some more attention.
First off, there’s a link (midway through one of [...]

The NY Times is reporting today that some American farmers are moving operations south of the border, to Mexico and Central America, because of the problems tied to illegal immigration. No longer able to rely on a steady stream of migrant workers, and fearing government raids on those who employ such workers, the farmers are [...]

The NY Times reports today:
Two years ago, William Stout lost his home in Allentown, Pa., to foreclosure when he could no longer make the payments on his $106,000 mortgage. Wells Fargo offered the two-bedroom house for sale on the courthouse steps. No bidders came forward. So Wells Fargo bought it for $1, county records show.
Despite [...]

Progressive mag TAP has an online-only interview with Gov. Bill Richardson regarding said candidate’s economic rhetoric. It’s not a pretty sight:
Here’s the good news: I no longer think Richardson is an economic conservative. I was misled by his support for a balanced budget amendment, his attempts to contrast himself with anti-growth politicians, and his constant [...]

Have you been seeing all sorts of news stories regarding the housing bubble? Not sure what a sub-prime mortgage is? Wondering what the housing market has to do with the stock market? Check out this handy graphic page from the New York Times:

Link via Dean Baker, who has been incredibly prescient regarding this entire issue.
Start [...]

Actually, plenty of people are. NewMexiKen was wondering back in April (along with the New York Times) and here in Silver City bees have been an issue for the past several weeks.
Today in Salon, four experts tackle the declining-bee-population problem:
The buzz about the alarming disappearance of bees has been all about people food. Honeybees pollinate [...]

Checking out Consumerist (one of my daily — sometimes hourly — reads) just now, I spotted this link on executive pay vs. worker pay. They reference a different chart, but I like this one:

Well, “like” may be the wrong word. This is, of course, something I’ve talked about before, but graphics like this sure do [...]