To the Point
Today, It's Chrysler... Tomorrow, GM?
Chrysler's been forced into bankruptcy with hopes of merging with Fiat in just a few weeks. Presuming that all goes well, will American drivers take to Italian cars? Also, Obama's plan to curb corporate tax havens, and the underground world of steroids for the brain.
Chrysler's been forced into bankruptcy with hopes of merging with Fiat in just a few weeks. Presuming that all goes well, will American drivers take to Italian cars? Also, Obama's plan to curb corporate tax havens and encourage creating jobs at home, and "neuroenhancing drugs" to increase brain function in an intellectually competitive world.
Banner image: Michael Urban/AFP/Getty Images
In this episode
3 storiesObama to Crack Down on Corporate Offshore Tax Havens
By some estimates, $700 billion in American corporate earnings are parked in offshore tax havens out of reach for US tax collectors. Today, President Obama announced a plan to crack down "on illegal overseas tax evasion, close loopholes, and make it more profitable for companies to create jobs here in the United States."
Read the story8 minToday, It's Chrysler... Tomorrow, GM?
President Obama says he does not want to run a big automaker , but the federal government could end up owning 50% of General Motors. In the meantime, it will own 10% of a new, multi-national company when Chrysler merges with Fiat , presuming, of course, that bankruptcy goes well.
Read the story37 minBrain-Booster Drugs
"Every era…has its own defining drug." In the 60's, LSD and other banned substances were supposed to expand the mind.
Read the story7 min