Category Archives: Business

The Enemies List

Posted on March 8, 2009 by Gaius

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

Posted on December 22, 2008 by Gaius

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!

Posted on December 18, 2008 by Gaius

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*

Posted on December 8, 2008 by Gaius

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

Posted on November 20, 2008 by Gaius

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?

Posted on November 19, 2008 by Gaius

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

Posted on August 22, 2008 by Gaius

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 clinics to … Continue reading →

Posted in Business, Politics | Comments Off

Bad Air

Posted on April 6, 2008 by Rich Horton

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, an annual … Continue reading →

Posted in Business | 8 Comments

Getting It Wrong On NAFTA

Posted on February 29, 2008 by Gaius

USA Today, hardly a rightwing news outlet, points out that both Hillary Clinton and Barack Obama have it completely wrong when they attack NAFTA. That treaty is not causing the net loss of jobs, it has nothing to do with … Continue reading →

Posted in Business, Economy, Politics | 4 Comments

Where The Jobs Are – Or Will Be Soon

Posted on February 22, 2008 by Gaius

While the Democrats are playing populist demagogue politics, promising protectionist policies and confiscatory corporate taxes, other countries have laid the groundwork to get all the jobs that will disappear in the US if those populist policies become law. Iceland and … Continue reading →

Posted in Business, Politics, Taxes | 5 Comments

The Protection(ism) Racket

Posted on February 22, 2008 by Gaius

The New York Sun publishes an editorial that pounds Barack Obama and Hillary Clinton for their increasingly protectionist stances. Both candidates are taking shots at the North American Free Trade Agreement, abandoning the defense of the treaty to John McCain. … Continue reading →

Posted in Business, Politics, Taxes | 1 Comment

Increasing Populist Rhetoric

Posted on February 16, 2008 by Gaius

Both the Clinton and the Obama campaigns have sharply increased their populist rhetoric in recent days. Their attacks on corporations have become increasingly strident as both of them strive to gain John Edwards' former followers – and his potential endorsement. … Continue reading →

Posted in Business, Politics, Taxes | Comments Off

GM Offers Buyouts – To Entire Workforce

Posted on February 12, 2008 by Gaius

General Motors is offering lucrative buyout plans to the entire unionized production workforce after posting a record loss. The $38.7 billion loss in 2007 is a record,   NEW YORK (CNNMoney.com) — General Motors posted better-than-expected financial results for the latest … Continue reading →

Posted in Business | 7 Comments

Abandoned Land

Posted on February 9, 2008 by Gaius

On February 21, 1947 Edwin Land demonstrated his Polaroid Land Camera which produced almost instant photos. Now, just shy of the 60 year mark, Polaroid has announced the end of the technology and is closing the last factories that were … Continue reading →

Posted in Business | 3 Comments

Personal Data Missing Close To Home As Well

Posted on January 19, 2008 by Gaius

It isn't just the British government that can't seem to hang on to highly personal data. It is happening right here in the US. In Nashville, Tennessee for example: The theft of a laptop containing Social Security numbers of Nashville, … Continue reading →

Posted in Business, Technology | 1 Comment