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Paul Krugman is WRONG about The Obama TARP Plan

Economist Paul Krugman has been attacking the Obama / Geitner Troubled Assets Relief Plan (TARP) as using taxpayer money to pay investors to take the assets off bank's hands. But he offers no alternative. Paul is wrong in that he wants the "bad assets" to remain on bank statements, but for what? To continue to freeze the credit market? His blog posts in the NY Times on this matter are intellectually sloppy at best. That -- for a Nobel Prize winner -- is terrible. Krugman sets up straw person examples to prove the idea that the investor spends little of his or her own money -- but that is the idea. I do not know why he comes up with these half-baked statements at all. Perhaps he is just angry that Obama did not pick him to be economic advisor.

Personal Injury Law In A Recession: Robert Schock of Oakland

Bob Schock is an Oakland personal injury lawyer. We talk about lawsuits in a recession and how businesses can protect themselves and why people file lawsuits. Bob explains that one trend that firms practice is to get rid of "whistle-blowers" because they cause the most trouble in the view of the firm. He also explains that in general, personal injury lawsuits are down, not up. Watch the video to learn more. Contact Bob at 510-839-7722.

Oakland Parkway Theater Closes Today: Evicted By Landlord

The landlord of the Parkway Theater at 18th Street and Park Blvd in Oakland evicted the Parkway Theater after severely raising the rent. It's last day was today, March 22nd, 2009, but the theater can be saved. As an employee reports in this video, the closure was fast; the employees got the notice just four days ago, giving them little time to make adjustments and throwing lives into chaos. Apparently, the theater just had not drawn a lot of people -- or at least enough to pay the rent -- to maintain itself. In the words of the persons I talked to -- some on the video -- the movie house was not showing what the public wanted to see. I think a larger issue was marketing, or the lack of it. A new approach should include having ways that bloggers can put a Parkway widget on their blogs. Also having the Parkway on as many social networks -- like Twitter -- as possible would really keep its name out there. The bottom line is the place Kyle and Catherine Fisher raised $140,000