Opinion: Auto And Bank Bailouts Prove Effective
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
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On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
The media keeps suggesting that the racism regarding candidates has to do with whites not wanting to vote for a black man, even though Barack Obama won a presidential election with a great amount of white support in 2008. What the media isn't talking about is the NBC-Wall Street survey results which say that there are basically no black supporters for the Caucasian candidate, Mitt Romney, in 2012.
Mitt Romney seems to be drinking the same Kool-Aid as some of his nuttiest supporters. Mitt Romney is silent... and occasionally joins in as his endorsers make increasingly outrageous statements against the president.
The most ridiculously annoying aspect of the Democratic political run for offices in 2012 is the incredibly long line of leftist millionaires who continually spew extreme hate and venom on the wealthy. Beyond having to "share the wealth", now Democrats are saying it's "never get the wealth".
The early returns are in and, according to the Neilson rating company, the Democrats beat the Republicans... and the NFL.
The Republican and Democratic National Conventions of 2012 – yawn-per-yawn – have to be the most uninspiring political conventions in recent history.
Commonly referred to as "what goes around, comes around', the Republicans are finding plenty to take shots at as the Democrats conduct their week in the 'often dubious' political spotlight called "the Convention".
Tonight, when Vice President Biden and President Obama address the country the question before them is an obvious one: are we better off than we were four years ago? The answer is equally obvious: YES!
Sitting in the Time Warner Cable Arena last night I was struck by how different the Democratic National Convention was from the Republican event last week. Unlike the Republicans in Tampa, Democrats focused on the fight to preserve the middle class and the American Dream.
What a difference four horrendous years makes. Thinking back to the Democratic National Convention of 2008 and now seeing what's going on in Charlotte, North Carolina this week at the Democratic National Convention of 2012 shows stark differences. The Democrats have no star power and pale in comparison to the Republicans' star-packed convention in Tampa.
Instead of getting rowdy at a demonstration or protest regarding the lack of jobs throughout the country, people can voice their discontent with the nation's current unemployment rate on this Labor Day by simply placing an empty chair in their front yard.
Last night, Clint Eastwood produced the most bizarre and uncomfortable moments in modern convention history. If Mitt Romney cannot get his campaign right. If he cannot even get the things that he can control right, how can he make the case that he can run the country?
As the media positively and glowingly report high-profile presidential fundraising events for President Barack Obama and the Democratic National Committee, they report on GOP presidential candidate Mitt Romney's and the Republican's big-dollar fundraising gatherings in and around Tampa, Florida during the Republican National Convention with total suspicion and even worse.
When Mitt Romney cracked a joke about nobody having to check his birth certificate to know that he was born in Michigan on Friday, the leftist critics went wild. It was like they were desperate to latch on to anything other than the issues now that the Todd Akin story is already burning out on them.
Our economy is on a slow recovery – slower than anyone wants. But the lack of serious discussion about national security and the world we live in is troubling.
It isn't just Republican Members of Congress that have junk theories they attach to pseudo-science. Kevin D. Williamson, a conservative writer for the National Review, thinks based on their offspring, genetics and "evolutionary biology" Barack Obama should have ovaries and that Mitt Romney should owns him in this election, "Like a Boss".
The White House Press Corps members finally got the White House Press Conference they've been shouting for. And they only have themselves to blame for letting Obama turn much of it into a campaign speech by the questions they did and didn't ask.
With President Barack Obama's Vice President Joe Biden messing up more and more on the campaign trail as time passes, rumors of Biden being sent home to Delaware for good have abounded since last Friday. Will Hillary Clinton step into his place to save the White House for Obama and the Democrats?
If you know you're not going to blindly support the "left" in this coming election, see the movie '2016: Obama's America'. But, fair warning, it's disturbing – and quite frightening – to say the least.
Yesterday the Obama administration put in place provisions of the DREAM Act that brought many young people out of the shadows to participate in the American Dream. On the same day a judge in Pennsylvania let stand what may be the most egregious attempt at voter suppression in a generation.
The fact that Joe Biden is only a heartbeat away from the presidency should not only scare the hell out of every American, it should be reason enough for the Romney-Ryan ticket to win the 2012 election by a landslide.
Being president does not give a person license to disrespect opponents, and the disrespect and intolerance from Obama when a different opinion is expressed has been atrocious.
After months of criticism and complaining President Obama finally reacts to the horrific crime rate and record-breaking murder rate in Chicago.
President Obama returned to Chicago on Saturday doing well in the polls but now trailing Republican Mitt Romney in raising campaign cash.
Wishing a pink slip on anyone during these economic times may be harsh, but for saying that Romney's Romneycare in Massachusetts would have saved Soptic's wife and drawing conservative ire across the country, Andrea Saul deserves it.
Braxton Jones will be the Chicago Bears' starting left tackle for Week 1 against the Carolina Panthers. It's the fifth straight season he will start there, after beating out three others for the job during training camp.
The tickets, worth a combined $850,000, matched all five numbers for the midday and evening drawings on Friday and the midday drawing on Sunday.
Chicago police said the suspect approached the passenger, maced and then punched them in the face while making antisemitic statements.
One year after "Operation Midway Blitz" began in the Chicago area, leading to thousands of arrests and deportations, many are still calling for accountability for how the immigration crackdown was handled.
In just four years, doctors at the University of Chicago Medical Center's trauma unit have treated more than 4,600 people for firearm injuries. They now want gun manufacturers to help pay for the cost of gun violence.
Illinois' legislature will once again soon find itself without a legislative inspector general. Michael McCuskey will resign that watchdog post amid criticism about his ability to handle investigations.
The Trump administration asked the Supreme Court to intervene in a lawsuit over the use of a controversial data system to review state voter rolls.
Brooks is seeking to stand out with a platform centering on revitalizing city neighborhoods and new means of promoting public safety.
Turning Point Action is expanding its Iowa presence county by county, with leaders saying high voter participation in the caucuses is the organization's key measure of success.
In less than two weeks, the high-energy laser weapon system has taken down 11 drones, coinciding with a 75% drop in drones probing the border, military officials told CBS News.
Drivers in Chicago and beyond were paying the highest gas prices ever recorded for the Labor Day holiday as millions of Americans were making their way home on Monday.
Around 115 million domestic and international tourists visited Illinois last year, pushing visitor spending past $50 billion for the first time and generating more than $88 billion in total economic impact.
Illinois Attorney General Kwame Raoul filed a lawsuit Thursday against ABC Plumbing, Heating, Cooling & Electric Inc., alleging deceptive business practices.
Cook County homeowners are again facing a sharper increase in property taxes this year than businesses, the Office of Cook County Treasurer Maria Pappas announced Monday.
Contracted linemen from out of state sat idle in a Griffith church parking lot for hours without work orders from NIPSCO, as residents in Northwest Indiana approach two weeks without power.
Cardinal Blase Cupich and a group of Catholic nuns have joined a federal lawsuit challenging Illinois' Medical Aid in Dying law, which is set to take effect in just over a week.
Flies have been everywhere this summer in the Chicago area, and some of them bite. But why is this happening?
Prime Healthcare is drawing criticism after announcing it will stop obstetrics services at three Chicago-area hospitals.
The Chicago Department of Public Health on Tuesday announced two human cases and one death from the West Nile virus in the city this year, and one of those two people has died.
The Jackson Chance Foundation supports the lives of families with babies in the NICU by removing the financial burden of finding parking near hospitals.
Plans for a new Chicago White Sox stadium in the South Loop have residents near the existing ballpark in Bridgeport concerned, not just because the team might be leaving, but also what might be coming nearby.
A new report from the University of Illinois Chicago said federal immigration enforcement led to $1.26 billion in unspent money at retail establishments and restaurants in Cook County.
Around 115 million domestic and international tourists visited Illinois last year, pushing visitor spending past $50 billion for the first time and generating more than $88 billion in total economic impact.
A new Whole Foods Market is coming to Chicago's Old Town neighborhood.
More than 100 Black-owned businesses were showcased at Soldier Field Sunday for Black on the Block.
The stage was set and the air was humid as rapper Ye, formerly known as Kanye West, took the stage for the first of two Chicago concerts at Soldier Field Thursday night.
James Fulton Engstrom, now a healthy teenager, was born without a pulse in 2010 — and his survival is the miracle the Catholic Church credited to Fulton Sheen's intercession, clearing the way for beatification.
The Met's decision to highlight the work by designer John Galliano sparked widespread controversy due to his history of antisemitic and racist comments.
The Edgewater Music Festival was under way this weekend on Chicago's north lakefront.
People around the world, including Chicago, continued to gather Wednesday to pay tribute to the late Dolly Parton.
Americans now face taxes ranging from 15-50% on about $28 billion worth of goods such as dairy, perfume, clothing, as well as steel and aluminum.
Chicago police said around 11:43 a.m. on Monday, officers assigned to the 14th district responded to the 3400 block of West Wrightwood to conduct a wellbeing check after reports of an altercation between a woman, 75, and a man of unknown age, whom she knew.
Chief meteorologist Albert Ramon is tracking the latest in First Alert Weather.
A man is dead, and a woman is missing after a car lost control and ended up in the Little Calumet River on Chicago's Far South Side early Tuesday morning.
One year after the Trump administration launched a high-profile immigration crackdown coined "Operation Midway Blitz" in the Chicago area, leading to thousands of arrests and deportations, many are still calling for accountability for how the weekslong campaign was handled.
Corie Walsh is charged with murdering her 2-year-old son at their Frankfort, Illinois, home. Her attorneys argued she was psychotic but a judge ordered her detained before trial.
Police are searching for a woman after a car that lost control and ended up in the Little Calumet River.
The tickets, worth a combined $850,000, matched all five numbers for the midday and evening drawings on Friday and the midday drawing on Sunday.
Chicago police said the suspect approached the passenger, maced and then punched them in the face while making antisemitic statements.
One year after "Operation Midway Blitz" began in the Chicago area, leading to thousands of arrests and deportations, many are still calling for accountability for how the immigration crackdown was handled.
Several lawsuits are challenging Illinois' medical aid in dying law that is set to take effect on Sept. 12, including one in federal court arguing the law discriminates against people with disabilities.
Back in 2023, ISP got a $10 million grant from the Illinois Secretary of State's Illinois Vehicle Hijacking and Motor Vehicle Theft Prevention and Insurance Verification Council.
Two years before dozens of decomposing bodies were found inside the South Chicago Chapel funeral home, police in nearby Evergreen Park found two bodies in the owners' minivan outside their home.
Hundreds of people are suing the Cook County Juvenile Temporary Detention Center, where they say they were sexually abused by staff. For the first time, survivors detailed their experience exclusively to CBS News Chicago.
Why has the family that runs South Chicago Chapel, where 56 decomposing bodies were found this month, never faced criminal charges, despite a history of mishandling human remains?
Braxton Jones will be the Chicago Bears' starting left tackle for Week 1 against the Carolina Panthers. It's the fifth straight season he will start there, after beating out three others for the job during training camp.
Plans for a new Chicago White Sox stadium in the South Loop have residents near the existing ballpark in Bridgeport concerned, not just because the team might be leaving, but also what might be coming nearby.
The Cubs fell eight games back of the MLB-leading Brewers in the NL Central after losing the opener of this three-game series.
And to think, Kyle Whittingham said he wanted to put an end to all the drama around Michigan.
Suhey scored the first touchdown in Super Bowl XX against the Patriots in 1986.
Gaming machines were irreparably damaged when burglars hit a restaurant in Schaumburg, Illinois, early Tuesday.
Corie Walsh is charged with murdering her 2-year-old son at their Frankfort, Illinois, home. Her attorneys argued she was psychotic but a judge ordered her detained before trial.
A woman was set to appear in court Monday in a shooting that left a man dead in Chicago's South Shore neighborhood last week.
A 17-year-old boy was hospitalized early Monday after being shot in Chicago's Chatham community.
A man was killed in a shooting Sunday night on the western edge of Chicago's Logan Square neighborhood.
