Tuesday, November 29, 2011
News Newsdome: American Airlines not charging enough extraneous fees, files for bankruptcy
Posted by Bobby Feingold @senorbobby on Tue, Nov 29, 2011 at 11:15 AM
>> American Airlines has filed for Chapter 11 bankruptcy after being $5 billion in the red last quarter. American was the only major airline that hadn't filed for bankruptcy. They must not be charging enough fat people for extra seats. (the New York Times)
>> State and local governments have cut almost half a million jobs since 2010, and state Medicaid spending rapidly increased to 29 percent this year. In other words, with federal stimulus packages coming to an end, we're all out of cash money! (the Washington Post)
>> U.S. District Judge Jed Rakoff dismissed a $285 million settlement between the SEC and Citigroup over alleged mortgage derivatives fraud, saying that the court and the public need to know the facts of the case. Fact is, they screwed up big time and don't want to own it. (the Wall Street Journal)
>>And finally: Remember when presidential hopeful Newt Gingrich shocked us with a "humane" illegal immigration policy of not throwing 11 million people out of the country? Well, Republicans don't like that. At a South Carolina town hall today, Gingrich backpedaled, saying undocumented immigrants can be guest workers but never citizens, a fence will be built on the Mexican border by Jan. 1, 2014, English will be the national language, and districts that aren't rigorously enforcing deportation will be cracked down. Men that divorce cancer-stricken spouses on hospital beds never stick with the humane approach . (NY Mag)
Comments (1)
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Depressing about Newt's back peddling. Even more depressing that even with this stance his position is better than Romney's . It was fun for the week it lasted, thought for a second Newt was willing to speak the truth of reality and what's best for the economy (not to mention what's humane). Oh well.
Why make policy or try to lead based on what's best for the long term health of the country when you can just ride and even cultivate the unfounded fear created by a few talk tv/radio profiteers and the sovereignty folks.
http://mediamattersaction.org/reports/fear…
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