WASHINGTON — The Obama administration has seized $21 million from troubled automaker Fisker Automotive Inc. just weeks after the company laid off three-fourths of its workers amid continuing financial and production problems.
Fisker had received $192 million in federal loans before a series of problems led U.S. officials to freeze the loan in 2011. Read More
Significant. Historic. A promise fulfilled.
Not even Meg Whitman can resist.
President Barack Obama’s administration filed a legal brief Thursday with the U.S. Supreme Court in support of overturning Proposition 8, California’s 2008 voter-enacted ban on same-sex marriage.
A San Francisco entrepreneur is trying to get the Obama Administration to overturn an anticonsumer law that protects cell phone makers and phone companies. Read More
The Obama administration has directed immigration officials to recognize same-sex partners as family members in deportation cases, House Minority Leader Nancy Pelosi said.
Homeland Security Secretary Janet Napolitano told Pelosi in a letter that she had ordered U.S. Immigration and Customs Enforcement to notify its field offices “that the interpretation of the phrase ‘family relationships’ includes long-term, same-sex partners.” Read More
An unprecedented act by Congress is the only thing standing between Muni and a crucial federal grant for its Central Subway project now that the Obama administration has signed off on the $942 million application. Read More
A businessman and investor for whose judgment I have the highest regard had some thoughts about Tuesday’s Federal Reserve announcement: Read More
Friday’s job numbers from the Department of Labortold a grim tale about the first 30 months of the Obama administration.
As President Barack Obama reminds voters constantly, the economy did not originally deteriorate on his watch, and that’s true. Yet the rise in the unemployment rate once again to 9.2 percent should put the final nail in the coffin of Obama’s economic stimulus strategy. Read More
It’s not exactly news that labor unions are struggling badly in today’s modern economy. Widespread gains in workplace protections and the precarious situation of many union pension plans have rendered unions far less attractive to American workers. So have the unreasonable demands that destroy host organisms — for example, look what happened to the American automotive and steel industries. Read More
It’s not uncommon to find wide disparities between the conventional wisdom among Washington elites and the reality experienced daily beyond the west bank of the Potomac River. There is, however, a Grand Canyon’s worth of difference between Washington and the rest of the country on the matter of border security with Mexico. Read More
So the Obama administration is now telling companies where they can build their factories. That’s the takeaway from the National Labor Relation Board’s action challenging Boeing’s ongoing plans to set up a plant in North Charleston, South Caroline, to build the 787 Dreamliner. Read More