Throwing $25 billion at the U.S. auto sector is akin to the $25 billion thrown at Citigroup; money flushed down the toilet. With over $100 billion of legacy pension and health care costs, a lack of globally competitive, fuel efficient cars and bloated cost structures, the U.S. auto industry as we know it has to die. Putting politics aside, it is simply foolish to pander to the UAW and their lobbyists by trying to save an industry that can't be saved. Let's take this opportunity through the bank
November 15th, 2008 | Posted in Main Content | No Comments
Una columna de George W. en el WSJ de hoy. Muy buena. Va entera: As we have seen in recent months, financial turmoil anywhere in the world affects economies everywhere in the world. And so this weekend I'm going to host a Summit on Financial Markets and the World Economy with leaders from developed and developing nations that account for nearly 90% of the world economy. [IMG [Commentary]] The leaders attending this weekend's meeting agree on a clear purpose -- to address the current crisis, an
November 15th, 2008 | Posted in Main Content | No Comments
What Indy Media Heroes Can Teach Us by Jeff Cohen Independent media outlets that contributed so mightily to the stunning election result are about to be tested as to their “independence.” With Democrats in control, will these outlets be guided by principle or just partisanship? Will they speak truth to power and expose corruption and injustice over the long haul – no matter who’s in charge?U.S. history offers role models. In this era when indy journalists reach mass audiences via blogs, vi
November 15th, 2008 | Posted in Main Content | No Comments
A fertile plot of land, an enterprising spirit and a significant amount of capital have been the foundation for eager entrepreneurs interested in the Southern California wine business.
November 15th, 2008 | Posted in Main Content | No Comments
When one speaks of venture capital, what usually comes to mind is its difficulty. Most people think that in order to be a capitalist, you need to be a graduate of some master’s degree. Surprisingly, you don’t need to do so. There are venture capital courses that you can take in order for you to become a good capitalist or entrepreneur, if you’re looking at the other side of the fence. Now you may ask what good shall this give you, when there are tons of resources that you can find if you wa
November 15th, 2008 | Posted in Main Content | No Comments