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If the law is meaningless, why invest?

Friday, May 15th, 2009

Chrysler and GM are getting away with paying pennies on the dollar for their debt, while Ford, despite reacting to the markets and preparing for the downturn, is now at a significant competitive disadvantage. They still have ALL their debt. Financial rewards based on politics rather than free markets does fundamental damage to economies. If [...]

Liberty and Thanksgiving

Tuesday, November 25th, 2008

Though I penned this last year, I think it’s especially appropriate given the current situation our nation finds itself in. Feel free to share and pass along:
The Pilgrims were refugees; 102 puritans who fled the persecution of the Church of England. On September 6th, 1620, they reluctantly set sail for a nearly three month journey [...]

The Biggest Problem with the Big Three can be Summed Up in Three Little Letters

Friday, November 21st, 2008

Reason abound for the current sad state of the American auto industry, but the biggest is the one no one is willing to talk about: The United Auto Workers Union. According the US Department of Labor, it costs the American auto industry $73.20 per hour to employ a UAW union member. Toyota, a non-union manufacturer, [...]