Category: Business

To Fail Too Big

Remember back in 2008, when it was decided by those who decide such things that Lehman Brothers wasn’t too big to fail, and the planet’s financial infrastructure melted down? Remember when the mortgage bubble built from “collateralized debt” burst like cheap balloons? It’s been five years. Memories fade. You may have already forgotten that the...

Sanitary Mafias

Opportunistic petty criminals, the kind that go after old lady pocketbooks and unattended bicycles, generally aren’t very organized. They don’t have thorough long-range plans and an extensive network of colleagues to help coordinate their heists. Most unsuccessful criminals are desperate loners, independent contractors of malfeasance who can never stay one step ahead of The Man....

Tech Solutions

The time we’re living in is being called the Technology Revolution. It’s given us personal computers and cell phones and devices that, we all agree, make our lives altogether better. Everything is more efficient, more connected. Things can be ordered to appear at your door, getting lost in your car is almost impossible, and you don’t...

We’re Not Broke

Great news, America! Despite decades of war fighting and tax cutting, and despite a national deficit of nearly $1 trillion, we’re not broke! Well, we, the citizenry and its treasury, are collectively broke. But we, the collective earning power we, are most definitely not broke. American corporations, those paragons of civic virtue and societal responsibility,...

Mourning the Real Victims of the Bangladesh Garment Factory Disasters

News comes from Dhaka, the capital city of Bangladesh, that a disastrous fire swept through a garment factory there, killing eight people. A factory fire in November killed more than 100. The garment industry in Bangladesh is euphemistically called “loosely regulated,” so, regrettably, these things (fires and so forth) tend to happen with alarming regularity....

The Ballad of the Barclay Boys

Oh, what a glorious life my uncles have had! Born to the manor these two fine brothers, Whose servants sheltered them from feeling sad, Or foolishly acting too kindly to others.   Natural twins from the start, they twinned all through life, The Harvard® and clerkships and China Bank™. Jason got married; George needed a...

The NASCAR President

So long as the American people are quite alright with their elected offices being available for rent, let’s have some fun. We’re resigned to a world where money is speech, not property, a world where no one minds that half their Members of Congress are millionaires (as opposed to 1% of the population-at-large), where $372...

Climate Change, Clean Coal, and Dirty Propaganda

In the days preceding the storm of the century, two candidates running for President of the United States strenuously assured voters that they would pump more crude, frack more natural gas, and burn more coal than the other guy. Whether or not an energy policy built on a fossil-fuel paradigm could or could not be...

The National American Way League

Let’s start a business! Who’s in? We can accept up to 31 partners, maybe more if we expand one day. It will take a few decades, but our venture will eventually be worth nearly $10 billion. How’s that for success? We’ll be rich! And admired and feared and begrudgingly respected. We’ll be winners! Mostly we’ll...

Occupied with Occupy

The Occupy movement celebrated its one-year anniversary this week. Professional pontificators wondered in print and on TV, What has Occupy Actually Achieved? Prevailing sentiment seems to be: nothing much. At least nothing tangible, measurable, quantifiable, or, most important, commoditizable. Since protesters took over Zuccotti Park, numerous polls have shown that the American public – the...