Fox Lake Towing and Recovery

Approximately 60% of first-year U.S. senators and 40% of House of Representatives freshmen are worth at least $1 million, according to the Center for Responsive Politics. That makes them far richer than most of the Americans they represent: Just 1% of the country’s population has reached the $1 million mark.

Continue reading The Millionaire Class: Most New U.S. Senators are Rich

The Millionaire Class: Most New U.S. Senators are Rich originally appeared on DailyFinance on Wed, 09 Mar 2011 18:30:00.

Filed Under: Pfizer, Citigroup, Merck, Wells Fargo & Co

Vaccine makers such as Pfizer are breathing easier now that the Supreme Court has ruled they can’t be sued for defective vaccine designs. The majority opinion by Justice Antonin Scalia was unequivocal: Congress has barred lawsuits over the rare but unavoidable side effects of vital vaccines.

Continue reading Supreme Court Limits Lawsuits Against Vaccine Makers

Supreme Court Limits Lawsuits Against Vaccine Makers originally appeared on DailyFinance on Wed, 23 Feb 2011 12:11:00.

Filed Under: Company News, Columns, Pfizer, Green

A parade of Republicans immediately lined up to attack the president’s proposed budget this week, claiming the plan falls short of making a real difference. They’re right. And that’s good, because really deep reductions are the last thing the economy needs right now.

Continue reading Obama’s Budget Cuts: Less Than Meets the Eye, Thankfully

Obama’s Budget Cuts: Less Than Meets the Eye, Thankfully originally appeared on DailyFinance on Tue, 15 Feb 2011 15:10:00.

Filed Under: Columns, Economy, Taxes

The administration’s proposed revamp of Fannie Mae and Freddie Mac is actually an offering of multiple policy options, essentially passing the political hot potato to the Republicans. Problem is, any fix is sure to make mortgages costlier, with potential harm to the housing market.

Continue reading Obama’s Mortgage Reforms: Stronger Standards but Higher Costs

Obama’s Mortgage Reforms: Stronger Standards but Higher Costs originally appeared on DailyFinance on Sun, 13 Feb 2011 10:00:00.

Filed Under: Economy, Real Estate, Credit

Approval ratings for both President Barack Obama and Congress have reached their highest levels in more than a year, according to a Harris Interactive poll released Monday.

Continue reading Approval Ratings Rise for Obama and Congress

Approval Ratings Rise for Obama and Congress originally appeared on DailyFinance on Mon, 31 Jan 2011 19:00:00.

Filed Under: Economy