News First

Parade.com/AmericanDream – See the poll of how American families have been affected by the current economic crisis and help determine if the American Dream is still alive from Parade.com/AmericanDream.

According to results so far at Parade.com/AmericanDream, the recession has shaken many American’s beliefs about their country and what they see for the future.

As the economic down [...]

GM Screws Employees, Investors, Government – GM announced a restructuring plan that would basically screw employees, investors and the government while protecting executive pay.
GM’s new plan will cut thousands of jobs, slash shareholder equity by 99%, give the government worthless stock, and screw the company’s bondholders, all in one fell swoop.
The government never should have bailed [...]

Chicago Sun-Times Bankrupt – The company that owns the Chicago Sun-Times and 58 other newspapers said Tuesday it has filed for Chapter 11 bankruptcy.
The Sun-Times Media Group, Inc. said it would continue to operate its newspapers and Web sites as usual while it improves its cost structure and stabilizes operations.
Tuesday’s announcement comes amid a raft [...]