A) American’s don’t want a public healthcare plan.
B) A public health care plan will force out private insurers.
So we don’t want a public option but if it’s offered we’ll all select it??
A) American’s want their big SUV’s and not fuel-efficient econoboxes.
B) GM went out of business because it was making cars American’s didn’t want.
So American’s want big SUV’s that GM made but won’t anymore.
A) Bank of America is Too Big to Fail
B) Bank of America is forced to buy the biggest mortgage lender, Countrywide, and the biggest retail broker, Merrill Lynch.
So stress tests now prove that new bigger Bank of America will no longer fail nor need to be disassembled.
“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.” (guess the speaker)
The question by NY Times reporter Andrew Ross Sorkin at the end of this clip says it all: “”Name a Successful Unionized Company!”
I guess they all forget UPS, GE, all six major movie studios, AT&T, and many many others. Like most in my generation, his job depends on his being uninformed, or appearing as such, about his area of expertise.
So much for the Times being a Liberal Rag
Here’s the email I sent to the Public Editor of the NY Times, Clark Hoyt:
Dear Mr. Hoyt,
One of your BUSINESS reporters, Andrew Ross Sorkin, while appearing on MSNBC as a New York Times representative, stated that he could not name one successful corporation with unionized employees.
Can your newspaper really be successful if it has reporters who lack such basic knowledge about their area of expertise? His statement is so egregiously incorrect, I was surprised the unionized employees at the immensely successful General Electric, who were filming his segment on “Morning Joe”, didn’t just turn off the camera’s and lights.
I have yet to hear a correction from either Mr. Sorkin or the New York Times.
Hopefully the correction will be as prominent as Mr Sorkin’s asinine comment.
Welcome to the Ruminations of an Aspiring Renaissance Man
I hope you enjoy the social commentary and economic interpretation.
Any supporting arguments and constructive criticism are welcome.
Please take any investment advise to your personal financial professional (even if he seems to be an idiot), before implementing any investment OPINIONS contained within this blog.
Just because I'm a well educated financial professional doesn't mean I'll be right. It doesn't mean I'm wrong either though.
Live Long and Prosper :)