Recent Blog Posts
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Republicans Talk Turkey on Health Care
Nov 20 20093:54 pm EDT -
Contracts Stolen From Veterans
Nov 19 20093:57 pm EDT -
Main Street's Credit Crunch
Nov 18 20095:41 pm EDT -
Criminalizing Failure
Nov 17 20095:55 pm EDT -
Casablanca on the Potomac
Nov 16 20095:22 pm EDT -
So Big It Will Fail?
Nov 10 20093:02 pm EDT -
Health Care’s ‘Wild West’
Nov 09 20093:57 pm EDT -
Obama's Secret Jobs Plan
Nov 06 20093:13 pm EDT -
Health Bill Wins Key Support
Nov 05 20093:15 pm EDT -
Chamber Goes Green?
Nov 04 20093:54 pm EDT
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GM: Does It Matter?
The General Motors strike may be the lead story in the Wall Street Journal today but it's telling that the bigger headline is given to Microsoft possibly buying a stake in Facebook.
If someone had suggested to you as recently as 10 years ago that the two stories would be on par in the nation's leading financial newspaper, you'd have to have thought they were smoking something.
I'm agnostic on where the strike will lead although I'm sure inflation hawks, of which there are still too many with too much influence, will look at any settlement as pressure on prices and argue against more rate cutting by the Fed.
For a story about a union that's doing quite well, thank you, see my piece in the October issue of Condé Nast Portfolio on the Nevada caucuses and the role of the Culinary Workers of America Local 226.
