A Beck inspired 'blackboard' on left wing funding from foundations to public media and more
Posted by admin / Under MetLife
After creating a huge post regarding all the different ways that the left shuffles funding around towards NPR, I realized it was probably a bit too long and I thought there might be a better way. So here is a visual which should help make it easier:
Published on Friday 18th of May 2012 03:32:00 AM
Deere (And Others) In The Headlights
Posted by admin / Under MetLife
Health Reform: As major businesses lay out the impact of ObamaCare in dollars and jobs, two things are clear: the costs will be enormous, and the president's vow to focus on "jobs, jobs, jobs" can no longer be believed. Early returns on ObamaCare are coming in, and they belie proponents' claims of job creation and cost reduction. The costs will increase. They are merely being shifted to the states and to America's businesses, large and small. AT&T, the country's largest telephone company, announced Friday it will take a $1 billion first-quarter charge related to the new health care law. The...
Published on Friday 18th of May 2012 03:32:00 AM
AIG sells Alico unit to MetLife for $15.5 billion
Posted by admin / Under MetLife
NEW YORK (AP) -- American International Group will sell a second overseas life and health insurance unit for $15.5 billion to MetLife Inc. in an ongoing bid to repay billions in government aid. It was the second major deal AIG completed this month to raise cash. On March 1, AIG agreed to sell Asia-based life insurer, AIA Group, to Britain's Prudential PLC for $35.5 billion....snip.... Including the latest sale, AIG will be able to slash its government debt by $50.7 billion, or 39 percent. Before the sales of AIA and Alico, AIG owed the government $94.76 billion in loans and...
Published on Friday 18th of May 2012 03:32:00 AM
Snoopy Braves the Turbulent Skies (Reid tries to kill Metlife stock)
Posted by admin / Under MetLife
LOOSE LIPS CAN BUFFET BLIMPS. That was clear last week when some remarks by a senator raised fears about the health of big insurers -- including MetLife, owner of the famed dirigible. Senate Majority Leader Harry Reid (D.-Nev.), in pressing for passage of the financial bailout bill, claimed that a well-known insurer was on the verge of bankruptcy. Insurance stocks plunged, with MetLife (ticker: MET) falling some 15%. The company said Reid's remarks didn't apply to it, and the senator's spokesman said he misspoke.
Published on Friday 18th of May 2012 03:32:00 AM
Funding Liberalism With Blue-Chip Profits [Fortune 100 foundations back leftist causes ]
Posted by admin / Under MetLife
Liberal blogger David R. Mark recently wrote, “Those that call themselves ‘compassionate conservatives’ would never think to touch their fat-cat supporters. It’s much easier to spin the ‘economic benefits’ of helping huge corporations fatten their bottom lines.†Liberal academic Thomas Frank, in his book What’s The Matter With Kansas?, claims that the corporate world “wields the Republican Party as its personal political sidearm.†Both Mark and Frank express a common view that corporations are major funders of the political right, and that when corporations make contributions to nonprofit advocacy groups they give to groups on the right because those groups...
Published on Friday 18th of May 2012 03:32:00 AM
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