Nah, No Problems In the Auto Business
it’s just that no one is buying…even at half price…..or better…
Why buy now when it might be 3 for the price of one next week…you know, deflation mentality.
Via Planet Money
it’s just that no one is buying…even at half price…..or better…
Why buy now when it might be 3 for the price of one next week…you know, deflation mentality.
Via Planet Money
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has been out of operation since July 2007
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…blogiversary to Bryan at Why Now? who already has a hobby
In the course of pondering the appropriate fate of General Motors, Ford and Chrysler David Brooks provides some misdirection to his readers.
First, and apparently to mask his normal right of center leanings, he tells us who the real bogeyman is:
It is all a reminder that the biggest threat to a healthy economy is not the socialists of campaign lore. It’s C.E.O.’s. It’s politically powerful crony capitalists who use their influence to create a stagnant corporate welfare state.
Well, yes, as are rent seekers everywhere, they are miscreants. But are they really a bigger threat to a healthy economy than those politicians who continually enable them at the national, state and local level?
He closes his essay with the following:
But the larger principle is over the nature of America’s political system. Is this country going to slide into progressive corporatism, a merger of corporate and federal power that will inevitably stifle competition, empower corporate and federal bureaucrats and protect entrenched interests? Or is the U.S. going to stick with its historic model: Helping workers weather the storms of a dynamic economy, but preserving the dynamism that is the core of the country’s success.
Excuse me!??
Brooks must be living in an alternate reality; or perhaps is simply delusional.
This country’s slide into progressive corporatism began long ago and dramatically accelerated from the mid 19th through the 20th centuries.
If you want a root cause of the current economic fiasco you need look no further than the financial, industrial and agricultural structures that have been created over the past 200 years by our politicians. Yes, often at the behest of corporate rent seekers.
Our federal, state and local politicians did not have to choose to entwine themselves in a web of corporatism. But they did and it has had exactly the effects that Brooks called out: stifled competition and protection of entrenched interests.
Plus the bonus effect, inter alia, of the current financial crisis.
We’ll post links to sites that have Friday (plus or minus a few days) photos of their chosen animals (photoshops at our discretion and humans only in supporting roles). Watch the Exception category for rocks, beer, coffee cups, and….?
Visit all the boarders, Link to the Ark and check back for updates through Sunday afternoon!
You can board the Friday Ark by submitting your post here, leaving a comment or a trackback to this post or emailing fridayark AT themodulator.org.
You can find previous editions at the not quite up to date Arkives page.
ALERT -11/14 11:30 AM EDT: Updates will be slow or possibly not at all until after 4:30 PM EDT due to offline obligations.
Cats
Dogs
Birds
Other Vertebrates
Invertebrates
In Memoriam
Didn’t Make It
Exceptions (inclusion not guaranteed)
Extra, Extra: All Ark boarders are invited to shout out at the Friday Ark Frapper Map.
Cat folks: remember to submit your links to:
Birders: I and the Bird: A Blog Carnival for Bird Lovers is published every 2 weeks.
For the spineless: Circus of the Spineless. A monthly celebration of Insects, Arachnids, Molluscs, Crustaceans, Worms and most anything else that wiggles.
Dog folks: remember to submit your links to:
has been out of operation since July 2007
For other current carnivals check out The Blog Carnival and The TTLB Uber Carnival