Category: Ethics
-
Sunday Feb 7 2010 Every Stoic was a Stoic but where in Christiandom is the Christian? R Waldo Emerson There is a legend that, one to three days before the final Mexican assault, Travis gathered all of the Alamo's defenders in the main plaza of the fort. Announcing that reinforcements would not be coming, Travis…
-
Friday Feb 5 2010 Jerry Flint comments on Toyota's troubles. I agree that never before has a DOT government man told people to stop driving a particular car. It is hard for me to believe the govt is not punishing non union Toyota at the behest of big Dem donor UAW. As Flint observes, the…
-
Friday Feb 5 2010 Today the Labor Dept issued the monthly jobs number claiming that unemployment U 3 has fallen below 10%. But Rick Santelli at CNBC disputed this as did the Wall Street Journal, Richard Russell of Dow Theory Letters makes this comment. By the way, a little article in today's WSJ is entitled, "Digest the…
-
Jesse's Cafe and James Rickard frame the picture clearly here. This will form the base of another ethical case I am constructing, or rather that meta data and data mining have constructed for all of us. Front running is the practice of knowing what trades are about to happen, executing a trade in front of…
-
The European Union has reserved baiouts for natural disasters. Greece is a man made financial disaster, borrowing 12% of its GDP, just like Britain and the US come to think of it. Bond spreads, the additional percent points above other country costs of borrowing, have widened for Greece, ie Greece is paying a lot more…
-
Sunday Jan 31 2010 the Express News continues its coverage of the fallen wall, and now, the potential for other 'retaining walls' to fall as well. The Northern reaches of San Antonio extend into the Hill country. Many 'lots' are unsuitable for building given the hilly terrain. And so builders simply terrace them by constructing…
-
Friday Jan 29 2010 GM has offered a $1,000 trade in allowance on Toyotas. Hmm, see our previous post today about the accelerator problem with Toyotas. Now let's connect the dots. Toyota has a problem with accelerators sticking. Toyota recalls vehicles under the DOT regulations, remember the Dept of Transportation is part of the Federal…
-
Friday Jan 29 2010 Centex is a subsidiary of Pulte Homes. Last Sunday a thirty foot retaining wall split. This caused the evacuation of 91 homes with 25 homes declared unsafe to occupy. Interestingly the residents have discovered they signed a compulsory arbitration agreement when they bought the homes. Now, what to do? Centex is monitoring…
-
Friday January 21, 2010 I have advocated a business history course but it is not to be with the new 120 hour limitation. Here is a good example of why history is important. The French were driven out of Haiti with a slave led rebellion in 1791, rebellion was sweeping the globe. The French dominated…
-
In the continuing downturn expect to see many more realistic approaches. Expect people to find alternate careers. One woodworker in Kerrville has done just that with Final Furniture Funeral costs are ridiculously high. And as Final Furniture points out, frankly the body decomposes n matter what kind of fancy box one uses for burial, so…
