We have twice already looked at the debacle that is General Motors (GM) under the TARP-bought, government-sponsored guidance of Chief Executive Officer (CEO) Dan Akerson.
It’s been terrible. And it’s getting much, much worse.
We have twice already looked at the debacle that is General Motors (GM) under the TARP-bought, government-sponsored guidance of Chief Executive Officer (CEO) Dan Akerson.
It’s been terrible. And it’s getting much, much worse.
The Washington Post exists today because of cost-cutting and quality improvements instituted by publisher Katharine Weymouth. But that hasn’t stopped some Post reporters and the Newspaper Guild from complaining about her compensation.
For her efforts, Weymouth received more than $2 million last year, mostly in bonuses tied to profitability. The New York Post reported that reporters are “fuming” over her pay, given that the paper has been cutting costs, in part by offering reporters buyouts to leave.
A tragic story and a cautionary tale regarding government-run healthcare and the rationing it inevitably requires. A chilling preview of things to come under Obamacare:
A former NHS director died after waiting for nine months for an operation – at her own hospital. Margaret Hutchon, a former mayor, had been waiting since last June for a follow-up stomach operation at Broomfield Hospital in Chelmsford, Essex.
It takes a village to perpetrate a cultural fraud: Behind every hoaxster playing fast and loose with facts stands a teeming mansion of elite supporters, from professionals and educators to celebrities and journalists. So says Jack Cashill in Hoodwinked, his executive summary of the cultural frauds of the Left over the past century.
It was the body slam heard around the world. When some Australian schoolboys decided to videotape themselves bullying 15-year old Casey Heynes, one of them got more than he bargained for. Casey, who had been pushed around and humiliated for years, responded to a punch in his face and other attempted blows by hoisting his tormentor WWE style and introducing him to the pavement. The result was a video that went viral in a way the bullies had never imagined and for a reason they certainly had never hoped: Casey has become a hero worldwide.
In America today, the biggest recipients of handouts are not poor people. They’re corporations.
General Electric CEO Jeffrey R. Immelt is super-close to President Obama. The president named Immelt chairman of his Council on Jobs and Competitiveness. Before that, Immelt was on Obama’s Economic Recovery Advisory Board. He’s a regular companion when Obama travels abroad to hawk American exports. (Why does business need government to do that?)
Random thoughts on the passing scene:
They say that records are made to be broken. President George W. Bush set a record by adding $3.2 trillion to the national debt over the course of his eight years in office. But Barack Obama has already beaten that record with $4.4 trillion in just his first three years in office.
People who thoughtlessly give money to panhandlers on the street seem not to realize that this is making installment payments on the degeneration of America.
We believe in a system in which taxes are simpler, flatter, more visible, and lower than they are today. The government’s power to control one’s life derives from its power to tax. We believe that power should be minimized.
ATR was founded in 1985 by Grover Norquist at the request of President Reagan.
Not so long ago, writers, editors, concerned world citizens and deep thinkers of all kinds were consumed with the idea of a coming global catastrophe that seemed implacable and virtually unavoidable. When it comes to covering today’s debates on global warming, we might want to take a step back and recall this earlier, somewhat chillier 1980s obsession with the fate of the earth – that is, of course, The Fate of the Earth, the title of a three-part series by Jonathan Schell first published in The New Yorker, then republished as a popular book by Alfred A. Knopf in 1982.