Working Life

   Regular readers know that I have been pointing out that the next shoe to drop will be a wave of bankruptcies that erupt because consumers have no more money to spend. Well, here we go: First came the mortgage crisis. Now comes the credit card crisis. After years of flooding Americans with credit card […]

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   The momentum to merge General Motors and Chrysler is being given a strong push by the government (oh, no, socialism…industrial policy). I’m not saying I think the merger is a great idea but since both companies are leaking billions of dollars and may run out of cash in a year or less, it is […]

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   So, I’ve always been a big admirer of the work the AFL-CIO and Change To Win do in the arena of capital strategies–meaning, trying to use the significant resources unions have, mainly in the pension funds that labor has a role in guiding, to force a change in corporate behavior. It isn’t the only […]

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  The dictionary defines "travesty" as "a debased, distorted, or grossly inferior imitation". That is what I think of when I think of Norm Coleman on the anniversary of the death of Paul Wellstone. This is a personal feeling but, in my mind, there is no Senate seat I want taken from the Republicans more […]

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   This is a modest observation that comes from an optimist–my friends say delusional optimist–that an Obama landslide is coming. Here’s the question: if it happens, will too many Democratic-inclined voters stay home in the three Western states and cost Democrats some close, important races?     A few initial thoughts: The Obama campaign, if […]

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   I suppose I try to live by the credo that anyone can change. Everyone deserves another shot (okay, I don’t include Dick Cheney or Henry Kissinger in that category–mass murderers can’t be redeemed). But, I approach this news with a bit of skepticism: At a gathering of more than 1,000 suppliers, Chinese officials and […]

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   Let me start by wishing the Tampa Bay Rays good fortune and good luck–you gotta love youth and enthusiasm. That team is going to be a royal pain in the ass for the next few years.    In good news, some miscreants are getting a serious slap in the pocketbook: A federal judge has […]

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   I meant to post this yesterday but got all wrapped up in heading out for a work trip to make headway on my book…but how many of you saw the "60 Minutes" segment Sunday where Leslie Stahl interviews the hread of Bank of America, Ken Lewis? Here is the priceless question from Stahl, relating […]

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