Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here's Thursday's query: Name: Merritt Dunn Question: Since the Treasury Department bailed out AIG and…

Name: Merritt Dunn Question: Since the Treasury Department bailed out AIG and AIG had underwritten a large number of credit default swaps (that I understand pay up if a certain percentage of mortgages in a portfolio go into foreclosure), then…

Feb 02

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One-Million Car March?

A warning to those expecting EVs (electric vehicles) to clog the roadways anytime soon, or even to meet President Obama's stated goal of one million by 2015: It's not likely to happen, despite the fact that the U.S. has as…

Feb 02

No image
One-Million Car March?

A warning to those expecting EVs (electric vehicles) to clog the roadways anytime soon, or even to meet President Obama's stated goal of one million by 2015: it's not likely to happen, despite the fact that the U.S. has as…

Today’s post introduces the fourth of country singer Merle Hazard’s Euro-shanties, this one taking off on the Ode to Joy from Beethoven’s 9th. Merle (if not Beethoven) will do anything to educationally amuse. So will we. But given the gravity…