Ta-Ta To The Middle Class
It is endlessly fascinating and grotesque at the same time (I have these combined feelings a lot these days–maybe I need professional help) to read media reports about the cuts that the UAW is...
View ArticleUAW-GM Bankruptcy Deal
My obvious failure to post in the morning was not due to laziness or sleeping late (oh, that would be nice). Rather, it was a hectic morning but, here I am, back at my post and…I will be on Larry...
View ArticleGM Bankruptcy: Failed Economic System
It is curious, if not maddening, to observe the unwillingness of our economic and political leaders to admit that the bankruptcy of General Motors is a verdict on a much broader failure of the...
View ArticleWhy Spending Money On People Is Good
I suppose some of us may be on the wrong side of this or perhaps weird…or maybe un-American…because we think that, hey, it isn’t a bad thing to spend taxpayer money on saving jobs and communities....
View ArticleGM,Health Care, Trade–It’s All Related
As I noted yesterday in connection with the bankruptcy of General Motors, I am in favor of spending money on trying to save peoples’ jobs–we are talking about the survival of communities and the...
View ArticleThe Demise of UAW Pensions
A few days ago, I wrote about the coming crisis of retirement that could last for decades. Here’s another example: And even as its pension fund faces this giant bulge in payouts, G.M. is not putting...
View ArticleWall Street Is No General Motors: A Missed Opportunity
I applaud the president for trying to impose some new and renewed standards to try to make sure that what happened on Wall Street doesn’t happen again. But, we are about to miss an...
View ArticleTiresome
Some day, one would hope, journalists would stop accepting the usual erroneous assumptions. One of the biggest has to do with the unionized auto industry. Today, The Wall Street Journal has a piece...
View ArticleDo Workers Get To Run The Company Then?
They are always looking for a new way to nickle-and-dime people: General Motors Co. wants pay for union-represented workers be tied to employees’ work performance and the company’s financial...
View ArticleEpisode 112: A Con Job—Using Taxpayer Dough To Build A Stadium; A Progressive...
I’ve loved baseball since I was a kid. But, at the same time, I don’t believe we, the people, the taxpayers, should spend a single dime to help build baseball stadiums, or any sports arena, for the...
View Article
