Update as of July 16,2011: See the resignation of Les Hinton as WSJ CEO due to his role as head of Murchoch’s News of the World during its most scandalous period of phone hacking and police bribes which Les claims he was unaware of. Also see NYTimes Joe Nocera with his own mea culpa...
The Wall Street Journal today gives a fascinating peek at what concerns the Street as the US budget deficit negotiations continue in Washington. Here is the WSJ video backdrop: As the country watches a game of Budget Chicken with far reaching implications, the Journal tells what it takes to own a private jet, whether...
The following two reports shows whats ail the US. The first is an example from the Washington side of the fence. Representative Eric Cantor, lead negotiator for the Republicans in the House has investments in an ETF -Exchange Traded Fund which will go up significantly if the Budget negotiations with the Obama Administration falter...
NYTimes has a good article about Mitch’s Daniel’s Indiana and some of the heart rending tradeoffs Daniels has had to make in the face of recessionary winds: “People think great business climate, Indiana comes to mind. People think infrastructure, we’re exactly who they think of.”Because recessionary winds have not toppled Indiana’s house, this state...
What is long over due from John Q. Public is a revolt against the Banksters But there are signs that the public is doing “a Network” against the Elite Powers That Will Be Damned Until John Q. Says No!”. Here is what is happening in the Capital 1 takeover of ING Direct banking. First...
China is starting to lose its low cost wage advantage. And it is not due to the revaluation of the yuan but rather, increasing inflation within the country. Here are three report that detail the situation: American Machinist – Survey says China is losing its manufacturing edge east2point6billion.com – Will China lose its cost...
Payscale offers a number of economic and employment savvy widgets for inclusion on your website. The following is an example; just fill in the data with fictitious values to see how it works. Be prepared for an ugly surprise; like a Bankster offering you a low, low mortgage interest rate and not telling you...
There is a growing unrest that sees President Obama badly overshooting his Centrist tendencies and becoming a Republican. Ye Editor has raised the issue most recently with Race to the Bottom: Obama Curries Wall Street Favors. But Huffington Post’s Drew Westen has done the careful spadework and here is a sampler of an essay...
In a city blessed with self-declared supernatural beauty and host to a slightly damp but most civil and memorable Winter Olympics just a year ago, what was behind the Vancouver riots after the Canucks lost the Stanley Cup Finals to Boston? Was this a case of professional nihilist and hooligans as advanced by the...
Having praised Republican Intellectuals for their leadership in defining the the number 1 issue in the upcoming Presidential Election , ye Editor expected that some Republican intellectual gaffe or three to inevitably follow. After all...
Both fascinating and frustrating reading. The story of Joseph Needham collecting together the history and legacy of China's technological triumph's is utterly fascinating. But frustrating is the failure of Winchester to shed clear light on why a)China did not already have such a hitorical trove in Beijing and b) why did China miss out on the Industrial Revolution while Japan, even more reclusive, did not.
