Category: The Corporation

January 4, 2009

Labour Costs and the Auto Bailouts

One of the central issues that materialize when people talk about the bailouts for the auto industry is the high cost of labour.  Apparently, the Big 3 pay the average worker $73 per hour, but we should all know this is only kind of true. (Of course, when brokerages, banks and insurance companies are bailed out, no one asks why certain traders and executives continue […]

January 4, 2009

Don’t fix the economy: Change it

This story from the Toronto Star was inspirational in that the real story – change – is making it to mainstream media. Here are some highlights: Neither the Conservative minority nor the opposition has proposed anything that will set Canada on a long-term path toward the kind of economy that will both provide for the well-being of Canadians and enhance and preserve the ecological community […]

January 4, 2009

US in Depression

The Economist magazine has diagnosed that the US economy is in a depression , not a recession. While the throngs of journalists, publicists, politicians and other folks are loathe to confess that North America has entered the greatest recession on record, I commend the Economist for having the balls to finally show it like it is, even if they’re still very indirect about it. Now […]

December 28, 2008

Al Qaeda joins ranks of Peter Pan, Zeus

According to this official , there is no Al Qaeda.  The truth about the war on terror becomes more obvious:  identify who benefits and you identify who causes / caused the problems. "The truth is, there is no Islamic army or terrorist group called Al Qaida. And any informed intelligence officer knows this. But there is a propaganda campaign to make the public believe in […]