Capitalism DOA?
Markets have soared late this week on the news that Superman (aka Henry Paulson) will once again fly into the heat of battle and snatch victory from the jaws of sure defeat. According to Paulson, the federal government is busily crafting a taxpayer funded scheme to absorb all of the bad mortgage debt and make [...]
A Sobering Dose of Reality
In the 1980’s, the Ford Motor Company used the slogan “Quality is Job #1”. This was helpful in their campaign to compete with their Japanese counterparts who were perceived to have higher quality automobiles. It would seem, based on recent trends in the employment market that government is now Job #1. This morning’s employment situation [...]
