Working Life

   So much to read this morning. But, Goldman Sachs is all over the place so let’s check in on one of our great financial manipulators of recent times. The big news–front page of the Financial Times, big story on the Wall Street Journal’s website and front page of the business section in The NY […]

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   It gets tiring writing every day about all the bad news, though that is sadly the reality (and, certainly will be so at least until spring training starts). But, here is one piece of good news. In the body of a story about the nomination by the president of the person responsible for monitoring […]

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Yes, to begin, let’s posit that a president with the lowest approval rating in the history of polling has no credibility about any subject of importance–and, in fact, most of the country would like, as David Letterman joked, to let Barack Obama start his new job right away. But, the current president’s pronouncements that the […]

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   I had grand ambitions about posting today an in-depth thing and may still rally to do that but, you know, I’m under the gun on so much stuff that I’m taking the easy way out but not necessarily by not giving up something important. Check this out, from The Wall Street Journal this morning: […]

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    Yesterday, I posted a dairy about the right way to bailout the auto industry. I have no issue with those people who disagree with the basic premise that we should bailout the companies. But, in other places where I posted this and generally out there in the ether, there was a shocking level of […]

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I’ve been reading the various proposals about how to bailout the auto industry. Some of the ideas are good but one piece floating around in the punditry is foolish and dangerous. This has to be done right–and it has to be done in a way that does not attack the workers of the industry.   […]

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   This is one of those moments when I feel like I live in la-la land. It’s possible that I am insane, stark-raving mad and delusional. Either that or there is a staggering moral obscenity underway in our country. We have plenty of money to fund what needs to be done–but our political leaders, on […]

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   I don’t want to overstate this but it does make me a bit concerned when I look at the face of the economic transition team. Not a single labor leader was standing behind the president-elect at his first press conference. Here is the list: David Bonior (Member House of Representatives 1977-2003) Warren Buffett (Chairman […]

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   I’m breaking my no-weekend blogging rule for this: How about this for an example of what to do to get an economy going? China’s answer: $586 billion.   From The Wall Street Journal: SHANGHAI – China’s government announced a two-year stimulus exceeding a half-trillion dollars to offset the impact of slowing global growth and […]

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   Readers here know that I’ve been repeatedly saying things will get much worse, regardless of any one-day swings in the stock market. I’ve been saying for many, many weeks that we are going to see very big problems come the holiday season–the more important time for retailers and other businesses to bring in sales. […]

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