The Obama Factor: Rahm Emanuel

by LukeAmerica2020
Here’s the latest edition of Michael C. Brown’s conservative commentary. He’s the writer/director/producer of the 2008 election season’s most popular video “Dear Mr. Obama”. Currently that video has more than 13 MILLION views.

He has recently created a new channel on YouTube, The Obama Factor. We encourage you to join the lively discussion there with your comments.

 

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Saudi Arabia Leads U.N. Faith Forum

by LukeAmerica2020
Islamic kingdom Saudi Arabia is presiding over a two-day U.N. conference on religious tolerance expected to draw more than a dozen world leaders to New York.

The event that began Wednesday (2008-11-12) is part of an initiative by Saudi King Abdallah to promote an interfaith dialogue among major religions, The Washington Post reported. Among the dignitaries expected to attend are President George Bush, Israeli President Shimon Peres, and British Prime Minister Gordon Brown.

Economic Woes Won’t Stop Big Wall Street Bonuses

by LukeAmerica2020
It’s no secret that investment bankers are well-compensated, mostly through year-end bonuses, especially during bull markets. But can they still count on those big bonuses this year, in the midst of the financial crisis and sharp market declines?

On CBS’s The Early Show Wednesday (2008-11-12) correspondent Priya David spoke with several compensation consultants who said that, even in this economy, firms are worried that, if they don’t pay out the bonuses, they’ll lose their top talent — people they want to keep around for when the economy improves.

AmEx Requests $3.5 Billion in U.S. Aid

by LukeAmerica2020
American Express Company received approval earlier this week from the Federal Reserve to become a bank holding company, which is a similar structure to traditional commercial banks. The credit card company now has access to financing from the Fed and the ability to grow a large deposit base.