Tag Archive: Business

Color Me Surprised

GM is going back into bankruptcy court:

A U.S. bankruptcy judge on Friday urged settlement talks in a dispute between General Motors Co and plaintiffs seeking compensation for the lost value of their cars stemming from a massive recall over a faulty ignition switch, though neither side seemed ready to negotiate quite yet.

Judge Robert Gerber, of the U.S. Bankruptcy Court in Manhattan, said he would welcome the prospect of a resolution that avoided

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As Long As The House Is On Fire …

So Detroit is in bankruptcy, hemorrhaging jobs and businesses. A sensible mayor would say, “Hmm, what can we do to bring businesses back to Detroit?”

Detroit does not have a sensible mayor:

Amidst a bankruptcy and a fast-dwindling population and tax base, the city has prioritized the task of ensuring that all businesses are in compliance with its codes and permitting. To accomplish this, Mayor David Bing announced in January that he’d assembled a task

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Internet Tax

Well, it’s semi-official. The Senate has approved the Marketplace Fairness Act. This act, strongly supported by the likes of Amazon.com, would force online businesses to pay sales taxes based on the location of their customer. Supporters say it is critical to bring needed revenue to local and state governments and to protect the brick-and-morter mom-and-pop stores that are losing out to internet sales.

The supporters are also full of shit.

There are innumerable problems with … Read more

Twinkies Get Creamed As America Follows Suit

I did some contract work with IBC when it was based in Kansas City a few years ago.  Around 2008-ish.  Back then, the Teamsters Union was doing its best to bring about the outcome that the Baker’s Union ultimately accomplished: Death of the business.  The End didn’t come since the Teamsters knew back then–as they did now–when to pull back from the brink.   “Save the Twinkies, Save the World” was the vision.

Every day, I’d … Read more

Doing Business in America

We all know that regulatory uncertainty is a conservative myth, right? The very idea that the tens of thousands of pages of federal regulations are inhibiting American business is just laughable, no?

Well, someone forgot to tell the Economist:

America is meant to be the home of laissez-faire. Unlike Europeans, whose lives have long been circumscribed by meddling governments and diktats from Brussels, Americans are supposed to be free to choose, for better or for

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That’s because they get it!

Fro a while now we have had an orchestrated LSM attempt to pretend that the economy is not in the tank or heading that way yet again, so it comes as no surprise to me that 7 in 10 small business owners are not hiring, and blaming the economic policies of the last 3 years and the bad economy it has created for not doing so. Things are bad out there. Don’t let the LSM … Read more

Obama’s Jobs Czar outsources jobs…

The next time you hear some libtard tell you how evil republicans are responsible for all those high paying middle class jobs feeling America, remind them about Obama’s pet company that didn’t pay any taxes in 2010 despite over $5 billion in earnings and GE CEO Jeffrey Immelt, The Head Of Obama’s Jobs Council, who is moving even more of those jobs to China.

This is par for the course. GE has been one … Read more

The Real Scandal in Washington

As I said in the comments on Alex’s post, I’m not too opposed to the double standard that gets applied to sex scandals. Republicans get hit harder because of the hypocrisy of dictating moral values to the nation when it comes to homosexuality and abortion while they schtupp lobbyists on the side.

But I do object to the failure to call out Democrats when they engage in hypocrisy that makes David Vitter look like Pope … Read more

You know your policies are hurting the poor when

Wal-Mart starts pointing out they are not spending as much as they used to on purchases as they used to:

NEW YORK (CNNMoney) — Wal-Mart’s core shoppers are running out of money much faster than a year ago due to rising gasoline prices, and the retail giant is worried, CEO Mike Duke said Wednesday. “We’re seeing core consumers under a lot of pressure,” Duke said at an event in New York. “There’s no doubt that

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