Working Life

   Have you evah wondered whether companies are just plum out of cash? Well, you’d be wrong: The Federal Reserve said in a quarterly snapshot of financial flows Friday that U.S. companies continued to accumulate profits instead of spending them. Holdings of cash and other liquid assets at nonfinancial companies rose to $2.047 trillion in […]

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   This is an incredible waste of time, since this will not become law–at least while the Democrats control the White House: The Republican-controlled House is expected to approve an unusual bill that would bar the labor board from pursuing the board’s pending action against Boeing, which Republicans have been denouncing day after day. Republican […]

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   People sometimes repeat certain phrases because they’ve heard them used repeatedly when they actually want to say something else, even if they aren’t conscious. Or, put another way–if you want to know why Democrats lost the special election in New York, I’d argue it has a lot to do with the Obama Administration’s failure […]

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  Every day that passes, I get the sense that the people who run the big banks are even more brazen in their view that we, the people of the country, are just sharecroppers on their financial plantations. We work, we give–and they take and take…and, then, when they are done with us, we get […]

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    I am continuously amazed by the reverence accorded company bosses. Put aside the incompetent ones, who get huge severance packages when they leave, or those who have looted their companies of tens of millions of dollars in pay and benefits, even when the companies lose money or collapse. I’m talking about even the ones […]

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   I hate to ruin a good party–or at least the world of the liberal bloviators who want everyone to stand in line and praise the president’s speech last night. Heck, I am glad he was there to push for something–ANYTHING–to be done to try to respond to the great crisis we have.    But, […]

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   Ahem…maybe someone else noticed this or maybe I’m being cranky–but what kind of journalism are MSNBC and Politico practicing? During last night’s reality TV show AKA the Republican debate, the network ran a video that was a historically inaccurate and shameful suck-up to Reagan. I’m really sorry if they were trying to be nice […]

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    I often fear I am going to be injured–a victim of the adult "shaken head" syndrome. It’s the syndrome I think many of us are afflicted with–you wake up every day and read some stupid-ass comment or proposal by political leaders of both parties and…you shake your head. I’m telling you, it’s dangerous.   […]

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    So, sometimes, you wade into a fight that just isn’t fair. Here is one of those fights on economic policy–one that boils down to a massive scam on the part of Flagless Corporate-Land aimed at ripping off those of us who still pay taxes. And this is a scam that is being aided and […]

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  A number of people–including your truly–have been making the point for a long time that there is no debt and deficit "crisis". The problem is that there is a bi-partisan obsession with the phony "crisis", helped by the transcribers of press releases (formerly known as "journalists") that has drowned out any rationale discussion–a discussion […]

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