published by William J. Holstein on 1 August 2012 - 3:16pm
I received this email today from one of my loyal readers in Cherry Hill, New Jersey:
With respect to increasingly evident deficiencies in the good sense of the American public, I wish to advance an explanation, one which I have been considering over a long period of time.
published by William J. Holstein on 30 July 2012 - 9:21am
The departure of Joel Ewanick as head of global marketing for General Motors is a tantalizing signal about what might be happening within General Motors. It's possible, of course, that he actually did something wrong, but the real signal seems to be that he was an irritant and was roiling the GM culture. This comes at a time when GM has lost market share in the U.S. this year and faces a tough slog in Europe.Its stock price also is down.
published by William J. Holstein on 28 July 2012 - 4:24pm
Oh, oh, look here. The newspapers are filled with dire headlines. The Times writes, "U.S. Growth Falls to 1.5%; A Recovery Seems Mired." The Wall Street Journal frontpages this screamer: "Weak Economy Heads Lower."
published by William J. Holstein on 13 July 2012 - 2:06pm
Isn't anyone getting tired of the guessing game? The economics profession is simply guessing about what's happening in the American economy and when it will improve, if ever.
published by William J. Holstein on 3 July 2012 - 3:39pm
The June 25-July 1 issue of Business Week carries a completely pointless cover story on the xxx business of pornography. But inside in a different article are some very insightful comments from Congressman Gary Ackerman, a Democrat from New York who is stepping down, and also from Sen. Olympia Snowe (R-Maine.) Ironically, now they can speak the truth that they dared not speak while in office. They are quoted this way:
