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- Communist Party hails role of labor unions in Obama win (WorldNetDaily)
The official magazine of the Communist Party USA has lauded the important role of labor unions in electing Sen. Barack Obama, and quotes socialist-aligned labor leaders hoping the unions can work with the president-elect to enact policies related to jobs, retirement security and health care reform.
www.wnd.com
- Life insurance to pay off debt (Bankrate.com via Yahoo! Finance)
When life insurance is used to pay off a loan, it's an exception to the tax-free rule, says CPA George Saenz.
biz.yahoo.com
- American Express To Become Commercial Bank (NPR)
The Federal Reserve approved an application Monday by American Express to become a bank holding company. The change will allow the credit card giant to become a commercial bank. The decision opens the way for American Express to accept deposits and permanently access low-cost financing from the Fed.
www.npr.org
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