When All Else Is Out of Bounds, Zap Labor
From Nixon’s wage controls to today’s interest rate hikes, the fight against inflation has targeted labor.
Latest news (Page 156)
Massive Anti-Trust Scam Ripped Off Taxpayers
Several federal agencies and several state attorneys general are alleging that banks and other companies that facilitate the $400 billion
A Job Loss (at Citi) We Don't Mind
Just posted at Reuters. Hat-tip, again, to Larry P. Robert Rubin quits Citigroup; Citi's shares drop NEW
Dec. Job #s: Even Worse than They Look
Bad as the December unemployment numbers are, if you include temporary workers and discouraged workers, the situation is far worse.
More Criticism of TARP (WSJ)
From today's WSJ: Panel Steps Up Criticism of Treasury Over TARP By MICHAEL R. CRITTENDEN | January 9, 2009
Just What We Need: Another Mega-Scandal
This time in India's Vaunted IT Outsourcing Industry, which has contracted with much of the Fortune 500, as
Porno Industry Begs for It
Well, at least two of its luminaries are doing that, tongue in cheek (no pun intended),according to a report
Big Holes For 401k and Pension Funds
Private sector pensions of the S&P's index of the 1,500 largest private companies are underfunded
What Should Be Done (James K. Galbraith)
James K. Galbraith, who teaches economics at the UT-Austin, stopped by the Dollars & Sense booth at the ASSA
NYT on ASSA
From the business section of today's New York Times. Louis Uchitelle drew about the same conclusion I did
Outsourcing Corporate Crime To India
The CEO of one of India's largest outsourcing companies, Satyam (Irony alert: the word means "truth"
Starbucks Faces Worker Rights Charges
From the Starbucks Workers Union/Industrial Workers of the World: Starbucks' Legal Troubles Deepen as Union Files Charges with
Home Sales At 7-Year Low
The latest numbers show that home sales are still in the tank throughout the country, despite mortgage rates that are