Another Day in the USA

GM gets kudos for repaying a government loan with other taxpayer money.

The governor of Arizona signs a bill that requires immigrants to carry papers and authorizes cops to demand those papers of anyone they suspect of being in the country without government permission. Obama said the new law demonstrates the need for comprehensive "immigration reform" at the national level. Leading proposals include the requirement that all workers carry biometric identification.

Have a good weekend.

TGIF: Getting in Deeper

Should the Treasury and Fed regulate executive pay, even when a company is on the dole? Thats the subject of TGIF. Read it here.