Tag Archives: controversy

Bogus controversy over Chrysler’s Super Bowl ad

b971e000bc887103060f6a7067008117.jpgDaniel Gross with Yahoo! Finance offers a good explanation of why the controversy over Chrysler’s Super Bowl ad is bogus — especially complaints from Karl Rove and other Republican operatives.

Here’s an excerpt: “Let’s review the record. Chrysler was run into the ground by Cerberus, a private equity company controlled by Stephen Feinberg, a major contributor to Republican candidates. When push came to shove in late 2008, Feinberg, a billionaire, chose not to use his own resources or those of his fund to meet Chrysler’s vast financial obligations. So in early 2009, the Bush administration, for which Karl Rove worked, used funds from the TARP, a piece of legislation the Bush administration proposed and that was supported by Republican Congressional leaders, to help Chrysler. … “

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Column on Amazon sales tax break sparks debate

Readers posted some interesting comments on my Sunday column in the News Sentinel on the national campaign to make Amazon.com collect sales taxes.

Some folks took issue with my position, some didn’t. And some readers went went off on tangets. Nonethess, the discussion was interesting.

Read the column and comments here.

Controversial speech perfect start for new Forum

Kelly King got the Knoxville Economics Forum off to a rousing start on Friday, even if some of his assertions were a bit of a stretch. The loquacious chairman of BB&T Corp. brought the right mix of commentary, controversy and insight to the first of what I hope will be a long series of talks by distinguished speakers.

King caught some of those in the Forum’s audience off guard by pushing a political agenda. Clearly, anyone who says voters need to eliminate the “fundamentally socialist” attitude that controls Congress, is being politicial.

At first, I was put off by the tone of King’s remarks. But as I thought about his talk over the weekend it occurred to me that his speech was perfect for the Forum’s first event.

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