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The UAW went on strike today to try and get job security. How can they demand job security when American car companies are being gutted? They should be pressuring management to build better cars since that is the only thing that will help them in the end.
Read →The UAW is trying to hold the line at Chrysler but it's a futile last stand. They tried at GM and for the most part capitulated. Now they'll face an even more formidable contender. Cerberus will slash and burn, it's what private equity companies do.
Read →Goldman Sachs and Morgan Stanley's Reliance on Commodities Demonstrate Potential Bubble
Both Goldman Sachs and Morgan Stanley, two of the preeminent investment banks in Wall Street have turned to commodities to cushion their balance sheet from the mortgage implosion. Based on their financial's, vast amounts of money are flowing into commodities. Is this what's helping cause commodity prices to rise?
Read →Playing to his republican base, Giuliani plans to propose tax breaks for those who buy coverage on their own. His expectations are that his plan would more than double the number of people buying their own healthcare coverage.
Read →Car create other pollution, in addition to CO2 - such as tire pollution. While these dangers are known, people are only focused on CO2.
Read →The iPhone is an inappropriate business tool, and a play tool that keeps showing me what I cannot do.
Read →Doctors have very different takes on issues depending upon their specializaion. Here is an amusing example.
Read →Manhattan Real Estate Brokers Say "Manhattan is Different" and they are right
but, not for the right reasons.
Read →Qualcomm's earnings report on July 24 looks great. The stock should be much higher. This is one of the few cases with tech stocks where the market is overpricing risk.
Read →Angelo Mozilo is a straight shooter and he isn't trying to put a pretty picture on the nation's housing problems.
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