Just caught the tail end of some economic discussion on MSNBC. All I saw was the “MIT” in the man’s credentials when I glanced up. Why did I look up? Because he had just concluded his comments with: Any company too big to fail is too big to exist. My apologies to “MIT.” He deserves … Continue reading Who was that masked man?
Well, well. So GM’s Chairman and CEO Rick Wagoner has been forced to resign as part of the Obama administration’s bailout plan. I’m not going to argue that he shouldn’t have been. Somebody needed to take the fall for GM’s downward spiral in recent years. And it’s certainly better for one man to lose a … Continue reading Wagoner’s ouster changes nothing
Small item for the Who Cares category. President Obama is holding a live press conference in about twenty minutes, and I don’t plan to listen. For one thing, the last time he did this and I tried to listen, I had to give up. Luckily I could turn off the TV; the reporters had to … Continue reading Press conference? Not listening. La la la la
After purposely isolating myself from national news for about a week (except for The Daily Show and The Colbert Report), I’ve just spent about an hour with MSNBC and CNN playing in the background. What a waste of time. AIG, Chris Dodd, and Tim Geithner are still on the hot seat over those gawdawful huge … Continue reading I saw the news today, oh boy
I just watched Jon Stewart skewer CNBC’s Jim “Mad Money” Cramer over his and the network’s reporting of the downturn in American economic markets. Cramer didn’t get to say much in his own defense, and it seemed there was little he could have said. Stewart was loaded for bear and Cramer hadn’t a chance. By … Continue reading ‘Mad’ Jim Cramer hammered by Stewart
How should Americans live in order to attain a reasonable level of comfort and security? The formula, seemingly forgotten long ago, is simple. Robert Rob spells it out in his Politico article, “Americans Lose Gift for Practical Living”: Regardless of how bad a school you attend, pay attention and do what your teachers say to … Continue reading You can lead a horse to water but …
