Category Archives: Business

Can You Get It Over The Counter?

Only if you take two. The punchline to a Viagra joke seems appropriate here. Warren Buffet is suddenly on board the idea of a second “stimulus” bill. Comparing the first one to a half a Viagra tablet. “I think that … Continue reading

Posted in Business, Economy, Politics | 2 Comments

Flunking Basic Math

Forbes on the Marxman-Wacky fraud bill: Electricity is a good thing. It powers your computer, drives economic growth, transmits images from Tehran streets, keeps preemies alive in hospitals, prevents meat from rotting and enchants and cools you in movie theaters. … Continue reading

Posted in Business, Economy, Energy, Junk Science, Left Wing | 4 Comments

Now, Ask Yourself Why…

Why would struggling auto companies want to cut off the dealers that sell their products? Why cut off any potential source of revenue in hard times? Why not keep every mother’s son that wanted to sell their product? I have … Continue reading

Posted in Business, Politics | 4 Comments

Government Motors

Or, as The Wall Street Journal calls it, the Obama Motor Company: Every decision the feds have made since December suggests that nonpolitical management will be impossible. First they replaced Mr. Wagoner — whom they are nonetheless still paying — … Continue reading

Posted in Business, Economy | 1 Comment

Strong Arm Tactics

Allegations that the Obama administration are nothing more than thugs: Creditors to Chrysler describe negotiations with the company and the Obama administration as “a farce,” saying the administration was bent on forcing their hands using hardball tactics and threats. Conversations … Continue reading

Posted in Business, Economy, Politics | 4 Comments

Idylls Addles Of The King

Holman Jenkins on “King” Obama’s GM Strategy: Kingly prerogative also conflicts with kingly prerogative in the case of GM’s unsecured creditors, who are the sticking point in agreeing to a turnaround plan by the drop-dead date of June 1. His … Continue reading

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Tanking

There is still some time left in the trading day on Wall Street, but as of this post, the Dow is down 4.23%, the NASDAQ down 3.59% and the S&P 500 down 4.29%. I’m guessing Wall Street is less than … Continue reading

Posted in Business, Democrats, Economy | Comments Off on Tanking

The Enemies List

Michael Goodwin, writing in the Daily News, notes the rhetoric of Barack Obama when speaking of the economy. His conclusion: Obama is conducting class warfare and is building an enemies list. Less than half-way through what should be a 100-day … Continue reading

Posted in Business, Economy, Politics, Taxes | 3 Comments

The Road To Bailoutistan

Mark Steyn: The newspapers blame the Internet, just as Detroit blames Japan. But the Japanese have problems of their own. One day they’ll get theirs. That’s the beauty of capitalism. Nothing is forever. The big railroad barons smoking cigars and … Continue reading

Posted in Business, Economy, Media, Politics | 4 Comments

Shocka!

Did Warren Buffett just get out-maneuvered? Electricite de France has just snatched Constellation Energy away from Buffett’s MidAmerican Energy. The fight over the fate of Constellation Energy Group ended yesterday with a big French utility agreeing to pay $4.5 billion … Continue reading

Posted in Business, Energy | 2 Comments

And *Bam*

The Tribune Company has filed for bankruptcy. The parent company for the Los Angeles Times and the Chicago Tribune is filing Chapter 11 in Delaware, where the company is incorporated. Tribune’s debt has become more burdensome over the last six … Continue reading

Posted in Business, Economy | 7 Comments

No Sympathy

There are a lot of folks who have no sympathy at all for Detroit’s woes right now. They work at – or benefit from – the auto industry. Just not the Detroit version. They are Americans who work for companies … Continue reading

Posted in Business, Economy, Politics | 3 Comments

Buddy, Can You Spare A …….. Gulfstream?

Hoo, boy. If this isn’t the most arrogant act of pleading poverty ever, it’s got to be very close. The three CEOs of the big three US automakers all took the same way of getting to Washington to beg for … Continue reading

Posted in Business, Dumb Stuff, Politics | 8 Comments

Glass Mansions

Untitled document It seems there are some interesting ties between Michelle Obama's employer and the Barack Obama campaign. The Washington Post reports: Michelle Obama, an executive at the medical center, launched an innovative program to steer the patients to existing neighborhood … Continue reading

Posted in Business, Politics | Comments Off on Glass Mansions

Bad Air

Untitled document We seem to be closing in on a perfect storm of air travel dissatisfaction in this country: Complaints soar at U.S. airlines Late flights and lost bags, to say nothing of higher fares, are making air travelers grumpy, … Continue reading

Posted in Business | 8 Comments