Following up on my previous post regarding the possibility of a Detroit bailout, here are a few interesting links I’ve run across. First, on the UAW. In my post I mentioned that yes, indeed, Detroit’s labor costs are higher. Here’s another way to look at it from Felix Salmon: You might expect it from right-leaning […]
One reason I didn’t post for a long while was I was trying to follow all of the economic news and punditry as the economy melted down and cries of socialism came from the campaign. I felt it was a perfect time to hear people talking fervently about liberal versus conservative economics. I still have […]
Ah, Detroit’s automakers. I almost called this post “The Big Three,” but I stopped calling them that years ago. I covered the U.S. auto industry for several years while I worked at the public radio station in Ann Arbor, Mich. Initially, I felt I had to come up with a different moniker because Chrysler became […]
I know it’s been a couple of weeks since the election, and I’m not sure there’s much I could add to what has been said about it already. So, just a few thoughts. This is the first presidential election in which I felt that my guy won. Obviously Barack Obama is an impressive speaker, but […]
‘Nuff said.
I spent a good part of yesterday just trying to wrap my head around everything that’s occurring in the financial world. I haven’t finished that yet, but I hope to tease out some conclusions on what this says for liberalism vs. conservatism. The conservative part is easy. “Free” markets? Ain’t no such thing, or at […]
I live in Morton, Ill. – a village of roughly 16-thousand people that’s ten miles east of Peoria. We moved here almost a year ago from a western Chicago suburb. It’s a nice town. I have no complaints. It is a very religious place. There are many churches, and people here often drop religious language […]
Something else other than economics… This is a great short post from Matthew Yglesias: The Conservative Creed» James Robertson offered up this comment non-ironically this morning and I think it’s an excellent distillation of the conservative creed: Yet another thing Matt is unclear on: “Life isn’t Fair” For Matt in particular, we need to add […]
Following up on my last post about Libertarians, at least the Wall Street Journal has weighed in on the financial meltdown on Wall Street. Let me say up front, I like the Wall Street Journal. I subscribe and find it some of the best business reporting out there. But man, their opinion pages just don’t […]
With everything that’s going on with the meltdown of Wall Street financial companies, I’ve seen several liberal blogs ask the obvious question: Where are all of the free market fundamentalists now? Shouldn’t all of these firms – and by extension, the U.S. and global economies – be sacrificed on the alter of creative destruction? By […]
Bill Poorman 