Via Althouse comes a parable of class warfare.
Legend has it that during a brutal contract bargaining session, Harry Bennett, Henry Ford’s enforcer, attempted to break the tension by passing around snapshots taken during a visit to Maxon Lodge, a gorgeous hideaway in the woods of northern Michigan.Walter Reuther, architect of the United Auto Workers’ rise, […]

posted by Chef Mojo to Culture, Communism, Americana, Capitalism, Unions, Incompetence | 3 comments, no incoming links

Instapundit » Blog Archive » HERE’S MORE ON THAT Amazon vs. MacMillan Kindle-book Price Dispute. “Macmillan CEO John Sargent sai…
ANOTHER UPDATE: Reader Eric Klien writes: “Amazon is being a Walmart-type bully and trying to get the best possible deals for its customers.”
Jebus. Is this supposed to be a bad thing? The semantic load […]

posted by Bill Quick to Dumbasses, Free Market, Capitalism | 5 comments, no incoming links

May not necessarily be an oncoming train. It is often repeated here that if the government would just stay out of our lives we would be alright.
It is here—at the grassroots level—that you can best glimpse the essential sources of American resiliency. American society draws most of its adaptive power not from its elite precincts […]

posted by drach to Economy, Culture, Free Market, Capitalism | No comments, no incoming links

Today’s WSJ quotes the President: “Never again will the American taxpayer be held hostage by a bank that it too big to fail.”
In one remark, Obama finally reveals himself incontrovertibly to be a liar or a fool, or both.
Surely no can can be such a naif as to believe that they can legislate such […]

posted by nemo paradise to Dumbasses, Government, Markets, Statists, Propaganda, Democrats, Liberal Fascism, Finance, History, Bullshit, Nanny State, Horseshit, Weirdness, Free Market, Terrorism, Capitalism, Incompetence, Junk Law, Lies and Liars, Tyranny, Whackjobs and Lunatics | 20 comments, no incoming links

For no particular reason, as usual, equity markets are acting as though they are close to a major upside breakout. What the hell. 12,500 Dow by March, 14,500 by tax time.
No one believes the employment numbers, but no one cares, either. Banks have huge cash reserves that will hit credit-hungry borrowers soon […]

posted by nemo paradise to Finance, Capitalism, Global Warming | 4 comments, no incoming links

I have managed, through various means and for several reasons, to work up a visit of several days’ duration to the SHOT Show, which, as most hereabouts will know, is the Shooting, Hunting and Outdoor Trades Show, being held this year in Las Vegas, NV, aka Disneyland For Adults.
Reasons:
1) I’ve been to Las Vegas, The […]

posted by J.S. Bridges to Bloggery, Culture, Free Market, Firearms, Capitalism, Shopping | 2 comments, no incoming links

Amazon in secret plan to open high street shops - Times Online
AMAZON, the world’s biggest online retailer and scourge of bookshops everywhere, is planning a surprise invasion of the British high street.
Property landlords said that the American company, which has a market value of $59.1 billion (£35.6 billion), had launched a secret search for bricks-and-mortar […]

posted by Bill Quick to Capitalism | 2 comments, no incoming links

I have been waiting for this since I was about 12 years old, it may finally come to pass in my lifetime.
This is bigger than space tourism,” added Landeene. “It is about the industrialization of space through development of unique and innovative ways to access space.”
Landeene’s bottom line for next week’s Virgin Galactic SpaceShipTwo rollout: […]

posted by drach to Science, Technology, Free Market, Capitalism | No comments, no incoming links

Somali sea gangs lure investors at pirate lair
In Somalia’s main pirate lair of Haradheere, the sea gangs have set up a cooperative to fund their hijackings offshore, a sort of stock exchange meets criminal syndicate.
“The shares are open to all and everybody can take part, whether personally at sea or on land by providing cash, […]

posted by SteveF to Markets, Crime, Capitalism | 4 comments, 1 incoming link

Hot Air » Blog Archive » Fed predicts unemployment rate of 7.5% in … 2012
Why did we experience a growth rate of over 7% in 1982? Ronald Reagan cut taxes and reduced regulation. He lowered the capital gains tax rate to encourage investment. Reagan and a Democratic Congress also pushed through tax […]

posted by Bill Quick to Socialism, Capitalism | No comments, no incoming links

Goldman Sachs boss says sorry over financial crisis | Business | guardian.co.uk
The head of Goldman Sachs has apologised for the Wall Street titan’s role in helping to create the financial crisis.
I wonder which one of his Washington masters demanded he prostrate himself in this manner?
What’s next? Commie-style self-criticism circles?

posted by Bill Quick to Communism, Obama, Capitalism, Obama Agenda | 3 comments, no incoming links

NEW YORK (MarketWatch) — Retail stocks rose Tuesday as Goldman Sachs added Polo Ralph Lauren Corp. to its America’s conviction buy list.

Well, that’s it, then. If GS says that people are going to start throwing wads of money at Ralph Lauren, then the damn recession is over.
On the other hand, they may just be […]

posted by nemo paradise to Recession, Culture, Capitalism | 1 comment, no incoming links

Twenty years and they’re still with us.

Several articles from Biggovernment.
The Fall of the Wall: A Resounding Victory for Freedom
Fall of the Wall: The Price of Liberty is Eternal Vigilance

Remembering the Berlin Wall: Chronicle of a Death Foretold
I think the articles say it better than I could.

posted by genes to General, Europeans, Liberty, Communism, Conservatives, History, Capitalism | No comments, no incoming links

Suspect in Orlando office shooting held without bond - CNN.com
Tanzi said other employees of the architectural and engineering firm where the attack occurred have described Rodriguez as a “disgruntled former employee.”
A company spokesman said Rodriguez had been let go from the company two years ago for “performance issues.”
Ken Jacobson, the chief financial officer and chief […]

posted by Bill Quick to Culture, Crime, Racism, Capitalism | 6 comments, 1 incoming link

Folks, we’re looking at a crisis here. Times are too easy. Even with the current economic problems, almost everyone world over has enough to eat, adequate medical care, and enough material wealth that few people die of deprivation. Most people are doing well enough that they don’t have to spend all their time and energy […]

posted by SteveF to Economy, Capitalism | 4 comments, no incoming links

Beware The Reverse Brain Drain To India And China
Foreign-born workers comprise almost a quarter of all the U.S. science and engineering workforce and 47% of science and engineering workers who have PhDs. It is very possible that some of the smart Indians who sat in the room with me holding their hand up on Columbus […]

posted by Bill Quick to Economy, Dumbasses, RINOs, MultiCulti, Statists, The Left, Leftists, Obama, Liberal Fascism, Socialism, Shit Sandwich, Nanny State, Capitalism, Taxes, Unions, Socialized Medicine, Obama Agenda, Incompetence, MSM - Mainly Socialist Media, LFF, Tyrants, Tyranny, Whackjobs and Lunatics, Rational Ignoramuses | 1 comment, no incoming links

Instapundit » Blog Archive » NOT PARTICIPATING IN THE RECESSION: “Amazon.com reported better-than-expected third quarter profit …
So I had to replace a water filter this week. Lowes and Home Depot were no help — Lowe’s said it could get me one in two weeks for a hundred bucks, Lowe’s just looked confused. The big plumbing-supply […]

posted by Bill Quick to Capitalism | 1 comment, no incoming links

Don’t you just love clever headlines?
Okay, the market has finally broken the enchanted 10,000 number, and then – what?
The Publisher, along with some other quasi-credible analysts, is looking for a retest of 6500, a notion that triggers an asphyxiating series of chortles and guffaws.
Some observers are calling for a […]

posted by nemo paradise to General, Cats, Capitalism | 7 comments, no incoming links

Dr. Helen: Will small business “Going Galt” be Obama’s downfall?
From the comments:
Initial public offerings (IPOs) have decline from approximately three-hundred per year in the late 1990s to fewer than ten annually recently.
Is this true? If so, what does it mean for the economy?
And what does it mean for the entrepreneur culture that used […]

posted by Bill Quick to Obama, Capitalism, Obama Agenda | 5 comments, no incoming links

From Hedgeworld, a daily hedge fund newsletter:
CHICAGO (Reuters) Citadel Investment Group LLC earned about $1 billion last year from a unit involved in high frequency trading, The Wall Street Journal reported, citing the testimony of a former employee of the hedge fund firm…the unit also posted returns of $892 million in 2007, up from […]

posted by nemo paradise to General, Markets, Capitalism | 3 comments, 1 incoming link

Instapundit » KINDLE UPDATE: Jeff Bezos issues an apology.
“Our ’solution’ to the problem was stupid, thoughtles…
This makes me feel better about my long-time loyalty to amazon.com.

posted by Bill Quick to Capitalism | 1 comment, no incoming links

BMW X1 coming to America in 2011, diesel a possibility, up to 45.2 mpg (U.S.)
BMW will be watching the changing U.S. market, regulations and fuel prices and make a final decision on U.S. engine choices closer to the launch date.
Take note: Whether we get the high-mileage version depends, not on market conditions, but on government […]

posted by Bill Quick to Statists, Capitalism | 1 comment, no incoming links

Congress’s Travel Tab Swells - WSJ.com
WASHINGTON — Spending by lawmakers on taxpayer-financed trips abroad has risen sharply in recent years, a Wall Street Journal analysis of travel records shows, involving everything from war-zone visits to trips to exotic spots such as the Galápagos Islands.
The spending on overseas travel is up almost tenfold since 1995, and […]

posted by Bill Quick to Statists, Liberal Fascism, Capitalism, LFF | 1 comment, no incoming links

Hit & Run - Reason Magazine
However, via Inside Higher Education comes preliminary results of a study that shows that no type of post-secondary educational institution does a better job of gradjiatin’ low-income, high-risk-to-complete students than the sorts of for-profit vo-tech sorta schools:
That’s probably because these schools concentrate on teaching skills and imparting actual knowledge, rather […]

posted by Bill Quick to Education, Capitalism | 3 comments, no incoming links

Microsoft’s Browser Unbundling Puzzles Europe - PC World
Microsoft’s obvious attempt to tie its solution to the failed “N” editions of 2005 — it went so far as to say it will slap the letter “E” on the Windows 7 editions that omit IE — is probably one reason why the EU has turned a cold […]

posted by Bill Quick to Dumbasses, Technology, Socialism, Assholes, EuroPenises, Capitalism | 1 comment, no incoming links