Let Detroit Go Bankrupt, Mitt Romney’s 2008 New York Times Op-Ed attained iconic status lately, and not in a good way. The auto industry renaissance intervened. Worst of all for Mitt, the government’s investment...
With credit cards on the outs these days, old-fashioned layaway plans are on a nostalgic comeback tour. Sears, Kmart, TJMAxx, and others are bringing back the layaway, usually charging a small fee and requiring...
Wage Wars. There’s a very fine essay at Down With Tyranny (DWT) discussing and roundly criticizing the growth of the distorted claim that auto workers, on average, make $70.00 per hour. As you can...
Today, former Federal Reserve Chairman Alan Greenspan, speaking for the laissez faire tribe, informed the House Financial Oversight Committee that “those of us who looked to the self-interest of financial institutions to protect shareholder’s...
The Bush Administration is the overturned truck at the side of the road. See if you can find the “Straight Talk Express” . . . John McCain (hereinafter “Pappy McCracky”) to the rescue? Well,...
