Friday, June 5, 2009

What's on The Tom Sullivan Show 6-5-09

More Jobless
The jobless rate hit 9.4% in May - the highest in more than 25 years. But with Microsoft talking about leaving the country over a proposed tax increase on foreign profits and other companies moving from state to state to avoid taxes, Tom wonders if Obama’s policies are conducive to creating jobs at all.
Too Many Czars!
The Obama administration plans to appoint a "compensation czar" to ensure that companies receiving federal bailout money are abiding by executive-pay guidelines and not rewarding execs with ‘lavish’ bonuses and perks. Is Obama overreaching? Also, should the President have the power to appoint so many "czars" without consulting Congress -- or voters?
Remembering D-Day
It’s Financial Friday! Tom breaks down the week in economic news, explains why the housing market is still in trouble and answers some of your questions.  Plus, Tom talks to WWII veteran who survived D-Day.