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Tag Archives: business

David Stockman says we’re headed for a dramatic crash “but especially in tech.” (Video)

The interviewer rightly points out that Stockman has been calling for a crash for a long time. In March he announced to the world that a crash was imminent and that he was entirely in cash. The market has been up dramatically since that call.

But fundamentally Stockman is right. All the money created by the world’s central banks is floating around out there in financeland (it might not have found its way into YOUR pockets but many Wall Street pockets are full) and that money is tinder just waiting to catch fire.

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Labor Board Orders CNN to Rehire 100 Fired Employees

I’ll bet that’ll be a fun return.

On the surface this ruling sounds like a win for “workers,” but sadly it’s not. If the government can keep businesses from firing people, indeed in this case force CNN to REHIRE fired workers, businesses will simply choose not to hire new people.

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K Street’s Russian bonanza

No matter the political weather the lobbyists always know how to make it rain.

The method below is a great way for Washington to make money. Don’t outlaw something completely. Make sure there are exceptions in the law which companies and other interest groups must then hire counsel to navigate. K Street gets paid and the politicians still look like they are “doing something.”

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