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Two scenes-one of Gates and the other of Sgt. Hyland- and the knot that ties them together.
05/15/2009
Scenes of a rainy night at an airforce base in Delaware, as Defense Sec. Gates prays in a 747 with draped coffins of dead soldiers. And the scene of a maimed soldier, Sgt Hyland, weeping in front of a picture of Specialist Jonathan at a battalion hall in Diyala province. near Baghdad. And the relevance to the wars in Iraq and Afghanistan.
Linked Articles
Wounded Soldiers Return to Iraq, Seeking Solace
New York Times 10/15/2009
Pentagon's Gates Keeps Single-Minded Focus on Dual Wars in Iraq and AfghanistanWashington Post 05/15/2009
With American households working down debt of 130% of disposable income a consumer led recovery is unlikely.
04/23/2009
The debt load for American households is close to the total output of the American economy in 2008. The disappearance of easy credit, the rising unemployment, and reduced hours of work, and lower or stagnant wage levels, are serious constraints to consumer spending.
Linked Articles
Economist 04/23/2009
On Borrowed Time: Consumer-Led RecoveryWall Street Journal 06/10/2009
Amgen founder Rathmann and venture startups in the biotech industry
03/16/2009
Rathmann's focus on EPO when Amgen was near bankruptcy in the mid-1980's saved the company. By 1989 Amgen had secured FDA approval for Epogen, a hormone based drug to stimulate the production of red blood cells. This is a rare success in a biotech industry with many failed startup ventures or ventures strugglig with only 6-12 months of cash remaining.
Linked Articles
Cash Dries Up for Biotech Drug Firms
Wall Street Journal 03/16/2009
Amgen's First CEOWall Street Journal 04/23/2012
Brown, Cameron, angry at RBS.
01/20/2009
Royal Bank of Scotland's reckless managemet and excessive risktaking made the British taxpayer bear the enormous losses as RBS shares drop to less than the price of a candy bar.
Linked Articles
Paradise Lost? A Project in Hawaii Stumbles
Wall Street Journal 05/19/2010
U.K. Boosts Its Bailout As Bank Losses RiseWall Street Journal 01/20/2009
China's search for global and western brands of baby milk powder after contamination of local brands
01/01/2009
Linked Articles
Former Head of Chinese Dairy Pleads Guilty
New York Times 01/01/2009
Chinese Search for Infant Formula Goes GlobalNew York Times 07/25/2013
The Obama Economic Action Plan and what neuroscence tells us about fear in financial markets and business.
12/07/2008
The Obama economic action plan with large investments in infrastructure and green energy and in education and national competitiveness, and what neuroscience tells us about the part fear plays in making financial institutions and business not play the role they are otherwise able to play inleading economic activity.
Linked Articles
In Hard Times, Fear Can Impair Decision-Making
New York Times 12/07/2008
Obama Pledges Public Works on a Vast ScaleNew York Times 12/07/2008
Uptick Rule and the Bear Raids by Short Sellers on Morgan Stanley and Citigroup.
11/18/2008
Bear Raids on Morgan Stanley and then in late November on Citigroup. How the Uptick Rule should have been reinstated and the psychological crisis created by huge shortselling and the spreading of false rumors for quick profits. The dangers of this to the US and the global economy and the mystery why no action has been taken so far.
Linked Articles
Anatomy of the Morgan Stanley Panic
Wall Street Journal 11/24/2008
There's a Better Way to Prevent 'Bear Raids'Wall Street Journal 11/18/2008
Honda's hydrogen powered FCV car
06/17/2008
Honda plans to introduce the hydrogen powered FCV car to the Japanese market in March 2016.
Linked Articles
Honda Introduces Vehicle Powered by Hydrogen
New York Times 01/13/2015
Latest Honda Runs on Hydrogen, Not PetroleumNew York Times 06/17/2008
Labor costs in China, Ireland, and newly emerging countries.
03/27/2008
How the foreign investment model for countries that attracted Foreign Investment with lower wages is changing and the differentials with the US are closing, Irish hourly pay higher than US hourly pay.
Linked Articles
Ireland: The End of the Miracle
BusinessWeek 03/27/2008
China's Factory BluesBusinessWeek 03/27/2008
The collapse of Bear Stearns in 2008
03/17/2008
The collapse of Bear Stearns and the takeover with Fed backing by JP Morgan, March 15-16, 2008.
Linked Articles
At Lehman, Allaying Fears About Being the Next to Fall
New York Times 03/18/2008
In a Crisis, It's Dimon Once AgainWall Street Journal 03/17/2008
Sheila Bair at FDIC has proposal to help homeowners similiar to Feldstein's
03/07/2008
Sheila Bair 's proposal to help homeowners is similar to what Martin Feldstein proposed on the pages of WSJ on March 7, 2008. About 2 months later FDIC proposes to take action to help homeowners by offering homeowners with debt to income ratios above 40%, a loan from the government for 20% of their loan amount with no interest charged for the first 5 years, and loan payments required to be lowered to affordable numbers.
Linked Articles
How to Stop the Mortgage Crisis
Wall Street Journal 03/07/2008
Bair Proposal Seeks Government Loans To Aid HomeownersWall Street Journal 04/30/2008
Sharp and precipitious decline in auto sales in Japan and Germany in the global financial crisis of 2008
01/08/2008
Auto sales in Japan go back to the sales level of 1972, and auto sales in Germany decline to the level in 1990. Shows the maturing western markets and how this is affecting automakers strategy, and the shift to focus more on developing countries where the market is growing rapidly but which present challenges like the need to develop lower priced cars.
Linked Articles
German Car Demand Hits New Low as Fuel Costs Rise
Wall Street Journal 01/08/2008
Auto Sales in Japan Drop to a 35-Year LowWall Street Journal 01/08/2008
The increase in temporary workers in the U.S. and Japan and the consequences in higher inequality and poverty.
01/07/2008
About one third of workers in Japan, and one fourth in the U.S., are temporary workers. The consequences for Japan include the effects of lower consumer spending in the economy reducing the growth rate.
Linked Articles
The Rise of the Permanent Temp Economy
New York Times 01/26/2013
Growing Reliance on Temps Holds Back Japan's ReboundWall Street Journal 01/07/2008
The smaller stimulus and selective investments in 2012-2014 in China and how this affects construction and heavy equipment manufacturers
04/30/2009
The impact on Caterpillar, Volvo AB, Komatsu, John Deere, Cummins and domestic Chinese manufacturers of the smaller stimulus and selective investments in China in the years ahead. Manufacturers are exporting from China during this period of slowing sales in China.
Linked Articles
China Bets Sour for Heavy Equipment Firms
Wall Street Journal 08/16/2012
China's Stimulus Spurs U.S. BusinessWall Street Journal 04/30/2009
Steven Rattner of Quadrangle, private equity firm, heads the team that is advising Obama on GM and Chrysler.
04/06/2009
So far Rattner is getting good points for his advice and his work for the President. His bacground at Brown University, the NYTimes, Lehman, Morgan Stanley, Lazard and Quadrangle.
Linked Articles
Rattner Rises as Obama's Mr. Fix-It
Wall Street Journal 04/06/2009
Obama’s Top Auto Industry TroubleshooterNew York Times 04/06/2009
Consumer spending surging in Indonesia in 2008-2012
02/24/2009
Consumer spending represents about 55-56% of GDP in Indonesia in 2011 and 2012. Honda Motor with motorbicycles, Phillips in healthcare equipment and the Lippo Group in retail stores are seeing amazing growth in Indonesia.
Linked Articles
Wall Street Journal 04/26/2012
Motorcycles Drive Honda's ProfitWall Street Journal 02/24/2009
Money managers Grantham, Rodriguez and Scheiff fears about the economy and IMF Chief Economist Rajan's concern.
01/02/2009
Raghuram Rajan of the University of Chicago, told the 2005 annual Jackson Hole gathering of central bankers economists and finance professionals, that he thought the world had become much riskier with the changes in financial markets in the 18 year Greenspan tenure. He was received rather coldly by others, including former Treasury Secretary Summers. Concerns expressed by Grantham, Rodriguez and Scheiff about these and other problems became louder by the time of the Rajan paper at Jackson Hole.
Linked Articles
Mr. Rajan Was Unpopular (But Prescient) at Greenspan Party
Wall Street Journal 01/02/2009
The Doomsayers Who Got It RightWall Street Journal 01/02/2009
Sales slowing, inventories piling up of electronics goods, and the Capps and Muirs of Boise, Idaho.
12/31/2008
The dramatic shift to a savings oriented and thrifty lifestyle reminiscent of the thirties and forties in some ways, is seen in the new lifestyles and spending habits of the Capps and Muirs in Boise, Idaho. With its high tech factories Boise has held up well in previous recessions. If things are changing this much in a place like Boise then its aserious sign of changes in the whole country. This is leading to buidup of inventories of cars, electronics goods, and other goods in retail stores. It has a serious global aspect as products made in China are affected, and products made elsewhere that go into these products are affected, and the equipment manufacturers in Germany for these products made in China are also affected.
Linked Articles
BusinessWeek 12/31/2008
Hard-Hit Families Finally Start Saving, Aggravating Nation's Economic WoesWall Street Journal 01/06/2009
The collapse of the consumer debt market in October 2008 and the Fed's response.
11/26/2008
The collapse of consumer debt market and the collapsing sales of automakers especially GM, and the need to revive the sale of consumer debt securites which in turn revives lending. But higher credit scores and consumer and bank fears may still keep demand in a contimuing slide.
Linked Articles
U.S. Consumer Loan Aid Will Trickle Only So Far
New York Times 11/27/2008
Fear Recedes in the Debt MarketsWall Street Journal 11/26/2008
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
Lower incomes in manufacturing and and a general lowering of expectations in U.S. midwestern states like Ohio, Michigan, Indiana, Illinois and Wisconsin (1)
04/20/2008
Improving unemployment figures in Ohio in 2012 with 7.2% unemployment has come with lower incomes in manufacturing and a lowering of expectations about the future.
Linked Articles
Ohio economy improving, but residents can’t feel it - The Washington Post
Washington Post 08/08/2012
The Wage That Meant Middle ClassNew York Times 04/20/2008
Ford Motor Company and the shift in message to "Quality, Green, Safe and Smart," from "American" and being "powerful"
03/18/2008
Ford is showing originality and focussing on safety and innovation as one of its advertising themes in a "Ford, Drive One" campaign which will be done with dealers and after listening to dealers.
Linked Articles
Wall Street Journal 03/18/2008
Ford Displays a Wreck to Score Safety PointsNew York Times 03/18/2008
The Fed engineered takeover of Bear Stearns by J.P. Morgan Chase
03/17/2008
The takeover of Bear Stearns by JP Morgan at $2 a share with the Fed's backing the weekend of March 15-16, 2008, and the questions about Lehman Brothers.
Linked Articles
At Lehman, Allaying Fears About Being the Next to Fall
New York Times 03/18/2008
Fed Acts to Rescue Financial MarketsNew York Times 03/17/2008
Popular Eastern European automobile brands that stand for quality in Europe at low price points- Renault's Dacia in Romania
02/11/2008
The Dacia and Logan brands manufactured in Romania are expected to cross the 1 million sales mark in 2012. The Logan and Dacia have established a presence in Europe as models known for reliability. Sales of these lower cost cars are popular with buyers in France who see this as a choice replacing buying a used car.
Linked Articles
Frugal Dacia Stars in Renault's Overhaul
Wall Street Journal 02/11/2008
Renault Takes Low-Cost LeadWall Street Journal 04/16/2012
Tata Motors and meeting crash and emissions standards for the Nano automobile
01/08/2008
The new small car from Tata will meet current and future European emissions standards Mr. Tata said in an interview. There were doubts in the NYTimes of Jan 8, 2008 about the emissions, and it was thought that this car would just meet the lower Indian emissions standards. If this is true then this is part of the foresight of the vision of Ratan Tata. In fact Tata said that it was easier to meet the emissions standards than to meet the crash and safety standards because of the lightness of the car.
Linked Articles
Tata's High-Stakes Bet on Low-Cost Car
Wall Street Journal 01/10/2008
Four Wheels for the Masses: The $2,500 CarNew York Times 01/08/2008
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