The World Bank: From Bad To Worse

It’s quite telling to watch the MSM analyze the choice of Robert Zoellick to replace the disgraced (again) Paul Wolfowitz at the World Bank. The MSM have never gotten it when it comes to exploring the real scandal behind the World Bank. And Zoellick will only make things worse, not better.     As I suggested […]

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Vietnam–The New Outsourcing Haven

    We learn from The Wall Street Journal today that Vietnam is growing as a country of choice when it comes to outsourcing jobs. Why? No surprise:     Industrial land here is cheaper than in China. Wages are about a third lower than in China’s industrial coastal regions. And with a population of almost 90 […]

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No Sunshine At Sunrise

    I have pointed out a number of times some really solid reporting that comes our way from Gretchen Morgenson, who writes a regular column for Sunday business section of The New York Times. She weighs in today with a look at yet more corporate misbehavior in the executive and boardroom suites. This time the […]

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Firing Back At The Beast

You kind of figured this one would get ugly. From a report in today’s Wall Street Journal:   Fired Wal-Mart Stores Inc. marketing executive Julie Roehm took aim at the retailer’s chief executive and other senior executives, claiming they skirted its ethics policy, accepting travel, concert tickets and preferential prices on yachts and jewelry.   […]

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WSJ: Globalization Creates Inequality…Duh.

I couldn’t tell whether to laugh or cry or cheer at today’s front-page story in The Wall Street Journal, entitled “Globalization’s Gains Comes With A Price” followed by the subtitle, “While Poor Benefit, Inequality Feeds A Backlash Overseas.” You want to cheer because the WSJ’s editorial page regularly leads the clarion call for so-called “free […]

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Iraq–Where’s The Backbone?

    I’m not the first to say it–but it bears repeating. Why are the Democrats caving on the Iraq funding resolution and backing away from demanding a timeline for withdrawal? Some Dems have some courage, as an article from today’s The Hill shows: Liberal Democrats who reluctantly have backed House leaders on the Iraq spending […]

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On The Bad Immigration Bill

This immigration bill is a mish-mash: a mess created by trying to appease the wing-nuts in the country, not to mention the business community. I admit that as a son of two immigrants, it gets me particularly hot that we’ve got a bunch of people in the country who want to make the lives of […]

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Gang-Bangers Go Union

Now, here’s an interesting story: L.A. gang members go union A rising number of gangbangers are moving into well-paid futures as members of the region’s building trade unions. By Sam Quinones, Times Staff Writer Shortly after his release from prison four years ago, Julio Silva entered the apprenticeship program in the Ironworkers Union Local 433 […]

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Immigration Deal–What Do You Think?

    As most people have heard, there is a Senate deal on immigration, cut between a bi-partisan liberal/conservative group that includes Ted Kennedy and Jon Kyl, among others. Personally, I detest the “Build the wall” portion and the requirement that for people to become citizens, they first have to leave the country and return.     […]

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UAW Chit-Chat

    I promise I won’t keep writing every day about the UAW–it might seem like favoritism–but, if you’re interested, there is a transcript of an on-line chat that UAW prez Ron Gettelfinger had with members.     One thing I found interesting was this little snippet: Ludington, Mich.: Gentlemen, as a Chrysler retiree and former chief […]

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