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Gas tax that would be used for public transportation and bringing US policy in line with Europe on gas prices.
11/16/2008
How lower gas prices would not lead to a backshifting from necessary energy conservation and fuel efficency goals that are beneficial to the USA economy and to the global economy.
Linked Articles
How High Gas Prices Can Save the Car Industry
New York Times 11/16/2008
Clout Has Plunged for Automakers and Union, TooNew York Times 11/18/2008
UAW opposes any consolidation or merger as it would mean loss of may more jobs.
10/14/2008
From UAW President Gettelfinger's view consolidation would only mean loss of even more jobs to a devastated Detroit. A better source of cash for GM would be more loans from the federal government as democratic candidate Obama has suggested a $50 billion loan package. At that point a Chrysler consolidation if it were to occur could be done through a rationall consolidation or merger as opposed to the large closures that the present situation might require.
Linked Articles
UAW chief opposes GM-Chrysler merger
Detroit News 10/14/2008
Howes: One of Big 3 may not surviveDetroit News 10/14/2008
Wall Street Journal editorial says the British Plan is the right way to go.
10/09/2008
Gordon Brown's rescue Plan goes directly to the problem of recapitalizing the banks and gets ownership stakes in return for taxpayer money and is a good one in the view of the WSJ.
Linked Articles
Britain Takes a Different Route to Rescue Its Banks
New York Times 10/09/2008
A Plan -- at LastWall Street Journal 10/09/2008
What appropriate lessons emerging economies can draw from the global financial crisi of 2008.
10/03/2008
Lessons that emergig economies can draw from the global financial crisis of 2008 may be the wrong ones if there is a return to more state control over the economy which has resulted in wasted decades of development in many countries.
Linked Articles
Economist 10/09/2008
Development Doesn't Require Big GovernmentWall Street Journal 10/03/2008
Bob Woodward on decisionmaking in the Obama White House and the Bush White House
09/15/2008
In "The War Within" Woodward described how Bush persevered to get the job done right in Iraq. In "The Price of Politics," Woodward describes how Obama failed to use his presidential leadership and suthority to get all sides to reach an agreement. Bill Keller of the NYT says Obama failed to make the "unpleasant choices" a president has to make, including supporting the president's own Simpson-Bowles Commission on the U.S. deficit.
Linked Articles
Wall Street Journal 09/15/2008
Notable & QuotableWall Street Journal 09/07/2012
Friedman and Kotter on persuasion in politics or running companies where appeal is to gut feel.
09/04/2008
Not logic and details or detailed powerpoints but appeal to gut feel becomes important in getting people to get eager and motivated to get things done and push vigorously.
Linked Articles
New York Times 09/10/2008
John Kotter on How to Transform CompaniesBusinessWeek 09/04/2008
Did Putin overreact in Georgia 2008 and Ukraine 2014? Russia and the dangers to the Russian economy of not maintaining good relations with the West
08/13/2008
Russia tones down its overreaction as 66% of Russians polled in June say Russian forces should not enter Ukrainian terrritory. Putin and Russians in the administration policy making may have underestimated the reaction in the U.S. as reflected in this WSH editorial saying Americans should remember the words of Gen. Lucius Clay during the Berlin Blockade and the subsequent airlift. This could be why analysts in Russia now maintain that good relations with the West must be maintained, and entry of Russian forces into Ukraine would have disastrous consequences for Russia in terms of western sentiment and foreign investor sentiment. In such a situation Germany would be likely to support the stronger U.S. position seeing this in terms of the language used in theBerlin Airlift of 1948. For Germany and Russia this would be reversing the hard won gains of building relations from the time of Brandtand Kohl till today, fifty years of effort to build better relations and economic relationships- just too much for sober heads in Moscow Paris, and Berlin to accept, and closing another chapter in Russia's interactions with the West.
Linked Articles
Wall Street Journal 08/13/2008
Seeing Cost of Saber Rattling in Ukraine, Putin Alters CourseNew York Times 07/11/2014
Honda's decades long emphasis on the environment and fuel efficent small cars is making it a winner.
07/28/2008
Honda is the only one of the large manufacturers od autos that is increasing sales in the North American market.
Linked Articles
Honda Stays True to Efficient Driving
New York Times 08/26/2008
Honda's On the Go As Auto Makers Brace for July ResultsWall Street Journal 07/28/2008
$10 billion in cuts in spending that GM plans
07/16/2008
One of the areas is ad spending and sales expenses. GM spends over $2 billion in adspending.
Linked Articles
GM Plans $10 Billion In Cuts to Bolster Cash
Wall Street Journal 07/16/2008
GM's Ad-Spending Cuts Likely to RippleWall Street Journal 07/16/2008
US energy policy in cars showed the Detroit automakers falling way behind the Europeans and the Japanese in this chart.
07/06/2008
Detroit automakers sticking with the status quo let a wide gap build up in fuel efficiency and smaller cars with the Europeans and the Japanese. Upto the point that it became difficult for them to make a profitable small car because they had less expertise in that area.
Linked Articles
American Energy Policy, Asleep at the Spigot
New York Times 07/06/2008
GM plans $500M for 45-mpg small carDetroit News 08/22/2008
Rising wages in China a definite trend as sentiment of workers and the government changes towards low wages and low wage jobs
06/30/2008
The government's efforts to shift China away from low wage sectors to more advanced technologies with higher wages. And the growting sentiment in China among workers with the rise of the internet and mobile phones to organize efforts for higher wages in industries that range from older textile plants to automobile factories of Japanese makers, and factories that make parts for western tech hardware companies such as Apple, Dell and H-P. This includes Honda plants and Foxconn factories. This sentiment is shifting to other emerging markets such as Malaysia, Thailand and Indonesia.
Linked Articles
China's Export Machine Threatened by Rising Costs
Wall Street Journal 06/30/2008
The Rise of a Chinese Worker's MovementBusinessWeek 06/10/2010
China's oil demand to grow at 2-3% over the next 15 years by one estimate.
06/20/2008
A much slower growth in oil demand as fuel efficient engines make a strong impact. Government policy raising oil prices, giving tax breaks for smaller engines to promote smaller cars on Chinese roads, and promotion of new hybrid and electric car technologies with significant subsidies, all push in this direction.
Linked Articles
China's Thirst for Oil Could Come Up Short
Wall Street Journal 06/01/2010
China Sharply Raises Energy PricesNew York Times 06/20/2008
The Toyota Prius hybrid - top selling in Japan and a hard sell in China
04/21/2008
Linked Articles
Toyota's Prius top sellig car in 2009.
Detroit News 01/09/2010
In China, Hybrids Are Tough SellWall Street Journal 04/21/2008
One of the Big Three may not survive.
10/14/2008
Talk of a possible merger between GM and Chrysler. Efforts by GM motivated by need for about $10 billion from external sources to make it through 2009. Chrysler has $11 billion in cash.
Linked Articles
Howes: One of Big 3 may not survive
Detroit News 10/14/2008
GM could use Chrysler's cashDetroit News 10/14/2008
Economist Paul Krugman who just won the Nobel prize says Gordon does good.
10/13/2008
Paul Krugman says Gordon Brown has done much good with his initative and proper direction of the rescue effort giving all countries good leadership in a global crisis.
Linked Articles
New York Times 10/13/2008
British Prime Minister’s Stock Rises as His Bank Plan Lifts Stocks WorldwideNew York Times 10/15/2008
Nobel Prize winer Vernon Smith likes the direct injection of capital into undercapitalized banks.
10/09/2008
Vernon Smith thinks Treasury has little experience with reverse auctions and they will be awfully hard to do. Direct injection of capital into banks is something Treasury has experience and has done recently in some bank failures such as WaMu takeover by Chase organized by FDIC and Treasury. The British rescue plan of Gordon Brown is to provide capital to the banks in return for equity stakes.
Linked Articles
Britain Takes a Different Route to Rescue Its Banks
New York Times 10/09/2008
There's No Easy Way Out of the BubbleWall Street Journal 10/09/2008
The Martin Feldstein plan to address foreclosures and the plan of Glenn Hubbard.
10/02/2008
Feldstein headed Reagan's economic policy team, and Hubbard headed the elder Bush's economic policy team. Its interesting that both lamented the lack of addressing the foreclosures as root of the problem. Feldstein and Hubbard gave their own proposals on the pages of the WSJ on the eve of the $700 billion bailout. The bailout plan had this gaping hole in it- with little for serious foreclosure prevention.
Linked Articles
The Problem Is Still Falling House Prices
Wall Street Journal 10/04/2008
First, Let's Stabilize Home PricesWall Street Journal 10/02/2008
Friedman from the Gut and the Gut as one sees it in Egypt, Arab or Muslim capitals.
09/09/2008
A sociological and psychological perspective on why people believe what they believe because of their own personal experiences and their immediate surroundings. Why its weird but its real and one has to take this into account when appealing to people and why in this situation its gut and not logic or details that persuades.
Linked Articles
9/11 Rumors That Become Conventional Wisdom
New York Times 09/09/2008
From the GutNew York Times 09/10/2008
The poverty rate and wealth gap between rich and poor in New York city and in China and the rest of the world.
08/27/2008
How the New York City experience compares with China's.
Linked Articles
Poverty Rate Declines in New York
New York Times 08/27/2008
World Bank Finds More People Live in Steep PovertyNew York Times 08/27/2008
The Afghan war as asort of political football for the Democrats to burnish their anti soviet or now Obama to burnish his antiterrorist credentials.
07/30/2008
Friedman warned about the overhyping of the Afghan war as being the right war by Obama. Charlie Wilson, Rep. from Texas, is described as doing this during Reagan's contras war in Nicaragua, making that one the bad war and the anti soviet war in Afghanistan as the good war.
Linked Articles
Stephen G. Rademaker - Obama Strategy Raises Questions on Afghanistan
Washington Post 09/05/2009
Drilling in AfghanistanNew York Times 07/30/2008
The presidential candidates Obama and McCain, agents of change or agents of lobbyists?
07/23/2008
Fannie and Freddie takeover and the reporting of high level ties with lobbyists of both candidates shows the agents of change argument like the free markets argument "as only a thin veneer" as one expert puts it. In this case though the lobbyists who are in other roles as close advisors to the two candidates and the candidates themselves may not realize that politics as usual here had huge implications. Without the hard work of Secretary Paulson and Bernanke the collapse of Fannie and Freddie could have endangered the American economy, not an overstatement, and could also have serious ripple effects all over the world economy.
Linked Articles
For ’08 Rivals, a Skein of Ties to Loan Giants
New York Times 09/10/2008
The Fannie Mae GangWall Street Journal 07/23/2008
The apathy in GM's Board with an ever downward spiral.
07/07/2008
GM's Board is not having the vigorous discussion that one expects to see in a company going on a downward spiral.
Linked Articles
GM's Massive Quarterly Loss Adds to Turnaround Pressure
Wall Street Journal 08/02/2008
GM Weighs More Layoffs, Sale of BrandsWall Street Journal 07/07/2008
China makes a major shift to higher value added and technology products.
06/30/2008
The cheap products made at high costs to labor, the environment are out and the remaining textile products and similar product companies will have to be more sophisticated and make more value added products. Chinese government policy will discourage the older polluting factories in the south and encourage high tech leadership products for world markets.
Linked Articles
China’s Ambition Soars to High-Tech Industry
New York Times 08/01/2008
China's Export Machine Threatened by Rising CostsWall Street Journal 06/30/2008
Geneal Motors Board and its top management hobble along without a vision or timely decisions at critical turning points.
06/28/2008
The lack of vigorous discussion at the Board and top management levels of Gneral Motors is the most striking thing about the company. Classic example how the larger and more successful an institution, there is no assurance that even the vital skills of vigorous discussion and openness to fresh thinking promoted by its founders like Alfred Sloan in this case in one of his meetings, that these skills will be available in the future.
Linked Articles
GM's Massive Quarterly Loss Adds to Turnaround Pressure
Wall Street Journal 08/02/2008
McCain Offers Aid, No 'Bailout' on AutosWall Street Journal 06/28/2008
The steep decline in Cherry's car sales in China and the precarious condition of the Chinese consumer- 2008
04/24/2008
The precarious condition of the Chinese consumer and first time buyer of cars, with no safety net in the economy for health care or unemployment. The severe downturn for Cherry and why GM cannot look to China for any kind of relief.
Linked Articles
With First Car, a New Life in China
New York Times 04/24/2008
China's Car Makers Seek Different Help: Lower Sales TaxesWall Street Journal 11/20/2008
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