Our feelings toward the French have always been tentative. We love their wine, we love their food, but we hate their politics. The Iraq War strained relations with France, and recent WikiLeaks revelations of how we regard their president will not further our friendship.
Enough already. The mythology of GM and Chrysler’s resurrection has transformed the automakers’ bailouts into the penultimate symbol of success for the Obama administration’s recovery efforts. If we throw enough money at a problem, we generally manage to come up with some sort of a solution.
With Thanksgiving travel in full swing, America’s attention was focused not on flight delays, but on the TSA’s increasingly invasive airport security procedures. Americans braved body scanners and pat-downs, their apprehension fed by anecdotal media reports of unwanted touching. While travelers put their dignity on hold, a U.S.
This has been a tough year. Unemployment was 9.7% in January. Ten months, billions of dollars, and heaps of undeserved Democratic self-congratulations later, unemployment is 9.6%. Nearly 15 million Americans are greeting the holiday season without a job and with little hope on the horizon for 2011.
General Motors will celebrate Thanksgiving with a lot to be thankful for. The automaker just conducted one of the largest IPOs in U.S. history while millions of taxpayers who helped to pay for GM’s bailout remain jobless, their unemployment benefits used as a bargaining chip by legislators engaged in a post-election turf war.